Archive for December, 2009

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Dec 31 2009

GMAC Gets $3.8 Billion in Third US Bailout Package – BusinessWeek

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Globe and Mail
GMAC Gets $3.8 Billion in Third US Bailout Package
BusinessWeek
GMAC contributed $2.7 billion of capital to ResCap in the form of mortgage loans acquired from the Ally Bank unit, debt forgiveness and cash, according to …
GMAC to receive 3d infusion of funds | Philadelphia Inquirer | 12/31/2009Philadelphia Inquirer
GMAC said to be seeking more US assistanceLos Angeles Times
GMAC to get an additional $3.8 billion in government aideGMCarTech (blog)
Reuters UK (blog) -CNNMoney.com -Money Morning
all 1,125 news articles »

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Dec 31 2009

Arctic Glacier Announces Extension of Credit Facility – SYS-CON Media (press release)

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Arctic Glacier Announces Extension of Credit Facility
SYS-CON Media (press release)
The revised maturity date is now March 1, 2010, which provides the Company additional time to refinance its maturing debt. Arctic Glacier is currently in …

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Dec 31 2009

Cash-strapped Portsmouth seek new owners again – ESPN

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Forbes (blog)
Cash-strapped Portsmouth seek new owners again
ESPN
It might do, the current owners are trying to refinance, and they want to see the club survive, but as yet it hasn't happened. "This club needs to avoid …
Portsmouth players set for fresh wages delayAFP
Portsmouth Faces Ugly TimesForbes (blog)
Pompey could face bankruptcy after court hearingBusinessWeek

all 387 news articles »

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Dec 31 2009

US to Lose $400 Billion on Fannie, Freddie, Wallison Says – BusinessWeek

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Reuters
US to Lose $400 Billion on Fannie, Freddie, Wallison Says
BusinessWeek
The debt of Fannie Mae, Freddie Mac and the Federal Home Loan Banks grew an average of $184 billion annually from 1998 to 2008, helping fuel a bubble that …
Federal agency debt issuance rises in 2009Reuters
Fannie Debt Merger MonetizationGold Seek
Fannie, Freddie Proving Too Big to ShrinkABC News
Wall Street Journal -TheStreet.com -Wall Street Journal (blog)
all 402 news articles »

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Dec 31 2009

Mortgage Rates – Average Mortgage Rates Higher for the Last Week of 2009 – MonitorBankRates.com

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MonitorBankRates.com
Mortgage Rates – Average Mortgage Rates Higher for the Last Week of 2009
MonitorBankRates.com
15-year mortgage rates are back above 4.50 percent at 4.53 percent, up from last week's average home loan mortgage rate of 4.39 percent. …
Mortgage Rates in US Rise to Highest in Four MonthsBusinessWeek
Bank of America Refinance Mortgage Rates – Home Loan Rates Drop to 5%Subprime Blogger (blog)
Fed Officials Discuss Limited Bond Sales to Help Exit StimulusBloomberg
Wall Street Journal -ABC News -International Business Times
all 129 news articles »

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Dec 31 2009

Mortgage Rates in US Rise to Highest in Four Months – BusinessWeek

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Reuters
Mortgage Rates in US Rise to Highest in Four Months
BusinessWeek
The rate for 30-year fixed US home loans rose to 5.14 percent for the week ended today from 5.05 percent, mortgage finance company Freddie Mac said. …
Fannie Debt Merger MonetizationGold Seek
Mortgage Rates Rise Further; 30-Year Hits 5.14%Wall Street Journal
Mortgage Rates End the Year Above 5 PercentABC News
Reuters -TheStreet.com -Review Messenger
all 407 news articles »

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