Fannie Mae mortgage holdings fell sharply in Nov (Reuters)

Reuters - Fannie Mae's gross mortgage portfolio shrank sharply in November, at an annual 26.1 percent rate, to $752.2 billion, the largest U.S. home funding provider said on Monday.

Idaho AG: Cheated homeowners get $19K settlement (AP)

AP - Attorney General Lawrence Wasden says Idaho homeowners who were duped into paying a New Jersey company to help them modify their mortgages will get more than $19,000 in a settlement.

Pros and Cons of Prepaid Tuition Plans (The Motley Fool)

The Motley Fool - Prepaid tuition programs are exactly what the name implies: the chance to pay now and buy a certain number of educational credits/years of college at today's tuition rates. Or so the promotional materials like to say.

Freddie Mac sees rates headed to 6 percent by end of 2010 (Reuters)

Reuters - After hitting an all-time low in early December, the average rate on a 30-year, fixed-rate mortgage rose to 5.05 percent this week and could climb to 6 percent by the end of 2010, the Washington Post reported on Saturday, citing U.S. mortgage financier Freddie Mac's latest survey.

Credit crunch: Home equity lending evaporates (AP)

AP - Hocking the house for quick cash is a lot harder than it used to be, and it's causing headaches for homeowners, banks and the economy.

Treasury removes cap for Fannie and Freddie aid (AP)

AP - The government has handed its ATM card to beleaguered mortgage giants Fannie Mae and Freddie Mac.

US extends financial guarantees to mortgage giants (AFP)

AFP - The US government has pledged virtually unlimited aid to mortgage finance giants Fannie Mae and Freddie Mac through 2012 to allow the government-sponsored firms to weather any new crisis.

Treasury removes cap for Fannie and Freddie aid (AP)

AP - The government has handed its ATM card to beleaguered mortgage giants Fannie Mae and Freddie Mac.

Treasury uncaps credit line for Fannie, Freddie (Reuters)

Reuters - The Obama administration pledged on Thursday to back beleaguered mortgage finance giants Fannie Mae and Freddie Mac no matter how big their losses may be in the next three years.

Fed bought $15 billion net in agency MBS in latest week (Reuters)

Reuters - The Federal Reserve bought $15.0 billion net of agency mortgage-backed securities in the latest week, the New York Fed said on its website on Thursday.

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