AP - Treasury Secretary Henry Paulson said Tuesday the Bush administration has no immediate plans to extend emergency loans to mortgage giants Freddie Mae and Freddie Mac or to purchase the stock of the two companies. Read more…

Reuters - President George W. Bush on Tuesday said Fannie Mae and Freddie Mac must be able to continue providing access to credit and the mortgage lenders should remain owned by shareholders. Read more…

Reuters - Investors unloaded shares of Fannie Mae and Freddie Mac on Tuesday amid mounting concern that a government rescue plan for the two U.S. mortgage finance giants could hurt existing shareholders. Read more…

AP - President Bush is calling on Congress to move quickly to put into force legislation designed to help prop up mortgage giants Fannie Mae and Freddie Mac. Read more…

AP - AOL on Tuesday launched new sites on personal finance and photography as part of its bid to grow advertising opportunities by serving niche audiences. Read more…

AP - An Oppenheimer Co. analyst warned Tuesday that the situation is increasingly bleak for Wachovia Corp., predicting the bank's mortgage portfolio will continue to lose value, "seriously jeopardizing" the company's ability to generate earnings. Read more…

AFP - US financial markets remained on tenterhooks on Tuesday as the banking sector faced a crisis of confidence even after an unprecedented government rescue of mortgage giants. Read more…

AFP - The FTSE 100 index was lower on Tuesday, mirroring a general slump across Europe in the wake of more steep losses on Wall Street and in Asia, despite weekend moves by the US government to rescue two mortgage giants. Read more…

Reuters - The U.S. Treasury Secretary could make greater progress toward a safer financial system by putting Fannie Mae and Freddie Mac into federal receivership, the Wall Street Journal said on Tuesday. Read more…

AFP - World equity markets fell heavily again on Tuesday on scepticism that a dramatic US government rescue of two mortgage giants had put a stop to a financial crisis. Read more…

AP - Asian stock markets fell sharply Tuesday as investor confidence in the U.S. financial system eroded even further despite a government-backed plan to help beleaguered mortgage financiers Fannie May and Freddie Mac. Read more…

Reuters - Time Warner Inc's AOL will launch a personal finance site on Tuesday, adding to a roster of new properties that do not bear its name. Read more…

AFP - Investment giant Lehman Brothers and other US banks are being roiled by falling confidence in the banking sector which has been spurred in part by hefty mortgage-related losses, analysts said. Read more…

FT.com - For the market, the Sunday announcement of government aid for the mortgage agencies Fannie Mae (NYSE:FNM) and Freddie Mac was nothing more than the confirmation of the obvious. Everyone knew they were too big to fail, and that their debt carried an implicit guarantee from the government. Read more…

Reuters - The Federal Deposit Insurance Corp has temporarily halted any foreclosures on the $15 billion of bank-owned mortgage loans found in IndyMac's portfolio, FDIC Chairman Sheila Bair said on Monday. Read more…

AP - For Roxana Evans, the Fed's new rules to crack down on abusive lending practices, approved Monday, came too late. Read more…

Reuters - Republican presidential candidate John McCain said on Monday he backed U.S. actions aimed at saving mortgage finance giants Freddie Mac and Fannie Mae from financial collapse. Read more…

Reuters - Shares of National City Corp and Washington Mutual plummeted more than 25 percent each, leading financial stocks lower on Monday amid fears about bank stability and the future of the mortgage market. Read more…

AP - Freddie Mac attracted more bidders Monday for a highly anticipated auction of $3 billion in short-term securities than it had nearly all year, a day after the federal government provided support for the mortgage giant. Read more…

Reuters - Shares of mortgage finance firms Fannie Mae and Freddie Mac could not hold the gains they made early on Monday as questions remained over what the U.S. government's sweeping rescue plan means for shareholders. Read more…

AP - Spanish banking giant Banco Santander said Monday it has agreed to buy the British mortgage lender Alliance & Leicester PLC in a deal valued at $2.5 billion. Read more…

Reuters - A major U.S. government plan to shore up mortgage finance firms Fannie Mae and Freddie Mac will not revive the ailing U.S. housing market yet, wrote Goldman Sachs economists in a research note dated Sunday. Read more…

Reuters - Federal Reserve Chairman Ben Bernanke on Monday said new final mortgage rules are aimed at protecting consumers from deceptive lending practices that led to many unaffordable subprime loans. Read more…

AFP - Fannie Mae and Freddie Mac were rebounding sharply Monday from a near-meltdown last week, boosted by a weekend plan offering a lifeline of fresh credit from the US Federal Reserve and Treasury. Read more…

AFP - European stocks were firmer on Monday but Asian markets fell as investors digested measures to bolster US mortgage giants Fannie Mae and Freddie Mac amid a raft of major company takeover news. Read more…