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CompareCC News Archive Listing for Personal Finance during 2009-01-23.
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Mortgage Crisis: Will Loan Mods Bring Relief?
 
BusinessWeek Online - The growing urgency to implement an effective fix for the deepening U.S. financial crisis is pushing policymakers to consider measures that were roundly rejected as too risky not very long ago. The limited success of the first $350 billion in TARP funds and the government's wavering on how best to dispose of the toxic assets that are clogging banks' balance sheets -- and preventing a rebound in the credit markets -- has added to the sense of urgency.
Freddie may draw additional $35 billion from Treasury
 
Reuters - Freddie Mac , the second-largest provider of funding for U.S. home loans, on Friday said expected fourth-quarter losses may force it to draw up to $35 billion from the U.S. Treasury to maintain a positive net worth.
Meltdown 101: Most people safe with tax software
 
AP - With the Internal Revenue Service pushing electronic filing and promising faster refunds for those who use it, more than 62 percent of all federal returns are now completed using tax preparation software.
Freddie Mac to seek 30-35 billion dollar Treasury injection
 
AFP - US government-controlled mortgage finance giant Freddie Mac said late Friday that it would ask the Treasury for an additional 30 to 35 billion dollars to prevent its collapse.

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