Owen Gets Real: The Credit Crunch and The Economy



Recent Real Estate and The Economy News



A Self-Fulfilling Prophecy?

Investors won't buy shares of Freddie Mac or Fannie Mae for fear they will need a government bailout. But without the new capital brought on by investors, will either company have a choice?Social Bookmarking Add to OnlywireAdd to: | Technorati | Digg | del.icio.us | Yahoo | BlinkList | Spurl | ... (original story)

Associated Press Money Minute

Buffett makes a prediction; Bernanke speaks out; Stocks rally; oil drops.Social Bookmarking Add to OnlywireAdd to: | Technorati | Digg | del.icio.us | Yahoo | BlinkList | Spurl | reddit | Furl | (original story)

Fresh Fears for Fannie, Freddie

Fannie Mae and Freddie Mac face greater scrutiny even as the Treasury denied reports of a meeting with Freddie Mac executives. The Beijing Olympics has the biggest TV audience in Olympic history, the International Olympic Committee said on Wednesday. Oil supplies gushed last week, but refiners conti... (original story)

Housing and Economic Recovery Act of 2008

H.R. 3221, is perhaps the most significant piece of Housing-related legislation we have seen in recent years. Helping stabilize the Housing Market and making the dream of Homeownership more attainable for many Americans. This bill is several hundred pages long, and there have already been hundreds ... (original story)

Economic - News

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Anxiety Over Economy Spreading All Over

A wild day on Wall Street, with new reasons for millions of Americans to question the future of the economy. On Monday, soaring gas and food prices caused a higher than expected jump in inflation numbers. CBS 2's Alexis Christoforous has more.Social Bookmarking Add to OnlywireAdd to: | Technorati | ... (original story)

Dollar Hits Record Lows Against the Euro

The US dollar hit a record low in trading against the euro this session as continued financial fallouts from Fannie Mae and Freddie Mac have put the dollar in a rough spot.Social Bookmarking Add to OnlywireAdd to: | Technorati | Digg | del.icio.us | Yahoo | BlinkList | Spurl | reddit | Furl ... (original story)

Oil Prices Drop As Much As $10

Prices for front month crude oil contracts fell as much as $10 during the trade session as economic health worries, decreased demand and a mixed dollar played significant roles in the price drop.Social Bookmarking Add to OnlywireAdd to: | Technorati | Digg | del.icio.us | Yahoo | BlinkList | Sp... (original story)

Business - Economy Feed

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Feds Soothe Economic Worries

The top economic heavyweights of the Bush administration tried to ease fears over the nation's banking system, and made assurances for the recovery of the U.S. economy. Anthony Mason reportsSocial Bookmarking Add to OnlywireAdd to: | Technorati | Digg | del.icio.us | Yahoo | BlinkList | Spurl |... (original story)

Freddie, Fannie Throw Markets Into Turmoil

Fannie Mae and Freddie Mac, the top two players in the country's mortgage market, floundered on Wall Street following rumors of a possible government bailout. NBC's Trish Regan reports.Social Bookmarking Add to OnlywireAdd to: | Technorati | Digg | del.icio.us | Yahoo | BlinkList | Spurl | red... (original story)

Fannie And Freddie Panic

Major housing market lenders Fannie Mae and Freddie Mac are facing severe stock setbacks. As Anthony Mason reports, the American economy might not survive the loss of these two companies.Social Bookmarking Add to OnlywireAdd to: | Technorati | Digg | del.icio.us | Yahoo | BlinkList | Spurl | r... (original story)

Fears Grow Over Mortgage Giants

Stocks of Fannie Mae and Freddie Mac are hammered as the housing slump spreads, but the Bush administration says it's not planning a federal takeover of the mortgage giants. Social Bookmarking Add to OnlywireAdd to: | Technorati | Digg | del.icio.us | Yahoo | BlinkList | Spurl | reddit | Fur... (original story)

Business - Corporate News

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Business - Economy Feeds

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