Archive for August, 2009

20 August

Freddie Mac names Bruce Witherell COO (AP)

Government-controlled mortgage finance company Freddie Mac said Tuesday it has hired a former Morgan Stanley executive to become its chief operating officer.

20 August

Anger over former IndyMac’s loan modification efforts (at CNNMoney.com)

Bank’s new owners are required to adjust mortgages to get government aid. But getting a modification is not easy, borrowers and housing counselors say.

20 August

Freddie Mac Names Bruce M. Witherell Chief Operating Officer (PR Newswire)

Freddie Mac today announced that Bruce M. Witherell, 49, a mortgage industry veteran, has been appointed chief operating officer effective September 14, 2009.

20 August

August 18, 2008 (MONDAY): Do Fannie and Freddie Need a Bailout? Lehman Seeks Buyers for Prized Unit (at SmartMoney.com)

20 August

Fannie Mae Redemption (PR Newswire)

Fannie Mae will redeem the principal amounts indicated for the following securities issues on the redemption dates indicated below at a redemption price equal to 100 percent of the principal amount redeemed, plus accrued interest thereon to the date of redemption:

20 August

American Express Business Travel Launches New Research Practice (Business Wire)

NEW YORK—-, August 20, 2009 â?? As companies seek out new resources for thought leadership, benchmarking and research to more effectively manage their business travel investment, today, American Express Business Travel announced the launch of eXpert insights; a new dedicated research practice within its Global Advisory Services team.

20 August

Sallie Mae’s ‘How America Pays for College’ Study, Conducted by Gallup, Finds Families Making the Grade When It Comes to Paying for College (Business Wire)

RESTON, Va.—-American families are making the investment in higher education the smart way â?? by pursuing grants and scholarships more frequently than borrowing â?? according to Sallie Maeâ??s How America Pays for College study, conducted by Gallup.

20 August

New credit card rules may reveal unwelcome details (AP)

The rules your credit card company operates by will start getting much clearer on Thursday. But just because you’ll know what they’re up to doesn’t mean you’re going to like what you learn.

20 August

Citi starts annual fees for some credit-cards (at MarketWatch)

Citigroup Inc. is instituting annual fees on some current credit-card accounts in an attempt to offset strict new legislation that could dent its profits.

20 August

New credit card rules may reveal unwelcome details (AP)

The rules your credit card company operates by will start getting much clearer on Thursday. But just because you’ll know what they’re up to doesn’t mean you’re going to like what you learn.