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  1. Fannie Mae - Chicago Tribune
    Midwest Banc Holdings Inc., which held big stakes in Fannie Mae and Freddie Mac preferred stock when the mortgage entities went belly up in September amid the global financial meltdown, is expected to announce Monday that the U.S. Treasury Department ...
  2. Mortgage rates fall for 2nd week in row (The Record)
    WASHINGTON — Mortgage rates dropped for a second straight week, reflecting the impact the weakening economy is having on financial markets. Freddie Mac reported Thursday that rates on 30-year, fixed-rate mortgages averaged 6.14 percent this week, down from 6.20 percent last week.
  3. Banks to clamp down on credit card holders - Detroit Free Press
    The credit crunch is closing in on credit cards. Banks that got burned on bad mortgages are now bracing themselves for billions more in bad debt on credit cards -- so they're trying to cut their losses by cutting off customers. Big-name credit card ...
  4. 50% jump in insurance job applications (The Nassau Guardian)
    Insurance executives have noted an eyebrow raising trend over the past two months: A 50 percent jump in applicants looking to enter the field as more employers resort to cutting staff levels. "We believe it [coincides with the economy]," said Lennox McCartney, the Registrar of insurance.

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