Wednesday, August 8, 2007

Lending Freezes, Rates on Hold, Clinton seeks Remedies

Here is an article listing some of the companies that have put a hold on writing new loans, or in some cases have declared an inability to fund existing obligations:

Mortgage mess spreads, creates bargains (Reuters)

The Federal Reserve met on Tuesday and left interest rates unchanged at 5.25%

Fed keeps US rates on hold; acknowledges market turmoil (AFP)

Hillary recommends action:

Clinton seeks aid for at-risk homeowners (AP)

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