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Example Headline of Genre for Date
A Caution Flag from Fair Isaac
BusinessWeek Online - Fair Isaac warned of lower than expected earnings and sales during the second fiscal quarter ended March 31, as the credit scoring company grapples with problems such as a tougher mortgage market. After the news investors sold the stock on Apr. 17.
Compensating family caregivers
Reuters - Here's a question likely to spark
some sibling debates: Should families pay the dutiful daughter
or son who steps up to be an aging parent's primary caregiver?
Freddie Mac buying $20B in mortgages
AP - Mortgage finance giant Freddie Mac has committed to buy as much as $20 billion in mortgages to help borrowers with high-priced loans stay in their homes, the company's chief executive said Wednesday.
Senators see no need for subprime "bailout"
Reuters - The Democratic and Republican
leaders of the U.S. Senate Banking Committee said on Wednesday
they see no need for a federal bailout of the subprime mortgage
lending industry.
Lending giant moves indicate cooperation
AP - New moves by finance giant Freddie Mac and a major lending institution involving billions in high-priced mortgages may mean that the urgings of regulators and lawmakers for help to distressed homeowners are bearing fruit. But the complexity of the mortgage business sets up a difficult balance between the goal of stemming foreclosures and the need to keep the market robust, experts said Wednesday.
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