NEW YORK (CNNMoney.com) -- The Treasury Department retained Wall Street's Morgan Stanley on Tuesday to advise it on its new authority to prop up troubled mortgage financiers Fannie Mae and Freddie Mac. Treasury Secretary Henry Paulson reached out to ...

WASHINGTON : A federal rescue of Fannie Mae and Freddie Mac could cost taxpayers $25 billion, congressional budget experts said, as the House scheduled a Wednesday vote on legislation that would tap the troubled mortgage giants' profits to cover any ...

I have a pretty good place for the money, but not paying on an apartment and a mortgage would make my financial life way easier....I told Iris today that the apartment had been rented, and at first she was a bit upset, I think, but she understands that the money I'll save eventually goes to u...

UBS, the Swiss bank battered by the mortgage crisis, today insisted it would not need to raise more funds through a rights issue after being saved from announcing further losses by clawing in SwFr3 billion (£1.5 billion) from a tax credit. The bank ...

Local REALTOR Brings New Perspective to Relocating to the Wilmington Area NORTH CAROLINA - June 27 2008 - Looking at Wilmington NC real estate as ... the perfect home or investment property in southeastern coastal North Carolina.

Copyright 2006 Stacey Zimmerman When you take out a mortgage on your home, the lender will require you to show proof of homeowner?s insurance on the property. The lender wants to protect their investment. However, whether or not you have a mortgage on your property or not, you should have homeowner?s insurance to protect

Rent, Don't Buy, Your Home...With all the stress in America, and in recent times Real-estate agents have been pushing the virtues of homeownership since homes were invented. Or since real-estate agents were invented, anyway. Paying a mortgage, they insist, is a can't-miss investment (the tax breaks, ...

A massive foreclosure rescue bill cleared a key Senate test Tuesday by an overwhelming margin, with Democrats and Republicans both eager to claim election-year credit for helping hard-pressed homeowners. The mortgage aid plan would let the Federal ...

Wachovia Corp.'s Evergreen Investments investment-management unit is liquidating its mortgage-centered Ultra Short Opportunities Fund to the tune of $403 million -- less than half the fund's value six months ago. The fund's asset value, which had ...