It wasn't 1929, but like that infamous year, 2008 is sure to be remembered by economic historians as one unlike any other. ...more

January 1, 2009

As some head home for the holidays, families facing a financial crisis and foreclosure are hoping they will have a home - their home - for the holiday season. ...more

November 27, 2008

Gov. Charlie Crist said Monday that he likes the idea of a moratorium on home foreclosures in Florida. ...more

November 24, 2008

Thousands of homeowners on the brink of foreclosure can rest easy that they won't be evicted until at least early January. The nation's two largest providers of mortgages said this week they'll be working with homeowners to find a way to keep them in their homes. ...more

November 22, 2008

WASHINGTON (AP) -- The FBI is investigating four major U.S. financial institutions whose collapse helped trigger a $700 billion bailout plan by the Bush administration, The Associated Press has learned. ...more

September 23, 2008

Fannie Mae and Freddie Mac agreed on Saturday afternoon to the Bush administration's plan to rescue them, people briefed on the plan said. ...more

September 7, 2008

Senior officials from the Bush administration and the Federal Reserve on Friday informed top executives of Fannie Mae and Freddie Mac, the mortgage finance giants, that the government was preparing to seize the two companies and place them in a conservatorship, officials and company executives briefed on the discussions said. ...more

September 6, 2008

A government rescue of Fannie Mae and Freddie Mac could be costly for scores of investment, banking and insurance companies that hold billions of dollars in preferred shares in the mortgage finance giants. ...more

August 22, 2008

Whether or not the government is actually on the verge of taking over mortgage finance companies Fannie Mae and Freddie Mac, investor fears that a bailout is imminent could turn such a worst-case scenario into reality. ...more

August 20, 2008

The House on Wednesday easily approved legislation that seeks to slow the steepest slide in house prices in a generation, rescue hundreds of thousands of homeowners at risk of foreclosure and reassure global markets that mortgage-finance giants Fannie Mae and Freddie Mac will not be allowed to fail. ...more

July 24, 2008