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WASHINGTON, Nov 14 (Reuters) - The Federal Deposit Insurance Corp on Friday unveiled a plan to prevent about 1.5 million foreclosures by promising to share any losses with mortgage companies that agree to refinance certain home loans. The plan would ... - www.startribune.com
WASHINGTON - Government-controlled mortgage finance company Fannie Mae said Monday it lost $29 billion in the third quarter as it took a massive tax-related charge and saw mortgage defaults continue to rise. The company, seized by federal regulators ... - www.iii.co.uk
Shares in care home operator Southern Cross soar 43 percent after it announces that it has successfully concluded a refinancing with its banking syndicate.
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