Topic: Secondary Market Financing

Mortgage rates remain below 5 percent

Rates on 30-year fixed mortgages fall to 4.95 percent, weeks before Fed exitMortgage rates held below the 5 percent threshold for the second straight week, a report said Thursday, weeks before a government program that has been keeping rates low is scheduled to expire. The average rate on a ...
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Shares of bailed out companies surge

Bailed out companies see shares rise on hopes that government rescues could be winding downShares of four companies that have received huge infusions of taxpayer cash soared Tuesday after a report that the government would sell its stake in Citigroup Inc. raised hopes that other bailed-out companies would follow. Shares ...
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Bailed-out U.S. financial stocks surge

NEW YORK (Reuters) - The shares of companies bailed out by the U.S. government during the financial crisis surged on Tuesday, fueled by speculation about money-making asset sales, cheap valuations and a recovery. Citigroup Inc <C.N> stock rose as much as 8.4 percent after a prominent ...
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Treasury restates support for Fannie, Freddie

Gov't restates support for Fannie Freddie after lawmaker's comments rattle investorsThe Treasury Department was forced Friday to reiterate its financial support for Fannie Mae and Freddie Mac after a key lawmaker rattled investors by pointing out that their debt does not enjoy the explicit guarantee of the federal ...
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