News
Housing Starts Probably Rebounded From a Five-Month Low
www.bloomberg.com
[Bloomberg] - The average 15-year rate dropped to percent, also the lowest ever, the McLean, Virginia-based mortgage-finance company said. A housing affordability index (S15HOME) that's based on a combination of resale prices, household income and mortgage
Ally Pays $750 Million in ResCap Bankruptcy to 'Avoid the Noise'
www.sfgate.com
[San Francisco Chronicle] - The online bank faces competition from ING Direct USA, which McLean, Virginia-based Capital One Financial Corp. acquired this year, as well as London-based Barclays Plc, which is starting its own Internet bank in the US, the Wall Street Journal
Duke Says Status of Fannie Mae, Freddie Mac Hurts Credit
www.bloomberg.com
[Bloomberg] - Conservatorship in Washington, DC-based Fannie Mae and McLean, Virginia- based Freddie Mac, which issue mortgage securities to support home lending across the country, were taken into government conservatorship in
MarketWatch Founder Larry Kramer Appointed as Publisher of USA Today
www.rttnews.com
[RTT News] School of Communications at Syracuse University. Kramer will report to Gracia Martore, president and chief executive officer of Gannett, and be a member of the Gannett Leadership Team. Kramer will be based in McLean, Virginia. by RTT Staff Writer.
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