Behind the Buzz About Mint (BusinessWeek)

BusinessWeek – In Mint.com’s creation story, as recounted on its Web site, founder Aaron Patzer started the free online personal finance service after a tedious session with Intuit’s (NasdaqGS:INTU – News) Quicken budgeting software in 2005. It’s a measure of Mint’s success that any new complaints about Quicken should now be directed to Patzer himself. Tired of getting its clock cleaned by Mint, Intuit bought the site in 2009 and put Patzer in charge of its entire consumer finance operation. He must figure out how all the pieces will fit together — while rejuvenating Intuit’s aged Quicken franchise.

If you enjoyed this post, make sure you subscribe to my RSS feed!

Freddie Mac prices $5.5 billion in 3-year notes (AP)

AP – Government-owned mortgage finance company Freddie Mac on Wednesday priced $5.5 billion in three-year reference notes.

If you enjoyed this post, make sure you subscribe to my RSS feed!

Freddie Mac prices $5.5 billion in 3-year notes (AP)

AP – Government-owned mortgage finance company Freddie Mac on Wednesday priced $5.5 billion in three-year reference notes.

If you enjoyed this post, make sure you subscribe to my RSS feed!

Freddie Mac prices $5.5 billion in 3-year notes (AP)

AP – Government-owned mortgage finance company Freddie Mac on Wednesday priced $5.5 billion in three-year reference notes.

If you enjoyed this post, make sure you subscribe to my RSS feed!

Fannie Mae seeks $15.3B in gov’t aid after 4Q loss (AP)

AP – Fannie Mae needs another $15 billion in federal assistance, bringing its total to more than $75 billion. And worse, the mortgage finance company warned its losses will continue this year.

If you enjoyed this post, make sure you subscribe to my RSS feed!

Summary Box: Freddie Mac’s losses continue (AP)

AP – LOSSES CONTINUE: Mortgage finance company Freddie Mac said Wednesday that it lost $7.8 billion, or $2.39 a share, in the fourth quarter of last year. That was down from $23.9 billion, or $7.37 a share, in the same quarter a year ago.

If you enjoyed this post, make sure you subscribe to my RSS feed!

Tagged with:
 

Freddie Mac losses mount, warns of foreclosures (AP)

AP – Freddie Mac lost almost $26 billion last year, ominous news for taxpayers who are footing the bill to rescue the mortgage finance company and its sibling Fannie Mae.

If you enjoyed this post, make sure you subscribe to my RSS feed!

Tagged with:
 

Canada tightens mortgage lending rules (AP)

AP – Canada is tightening mortgage lending rules as historic low rates are raising fears of a potential housing bubble, the country’s finance minister said Tuesday.

If you enjoyed this post, make sure you subscribe to my RSS feed!

Tagged with:
 

Fannie, Freddie to start buying back bad loans (AP)

AP – Government controlled mortgage finance companies Fannie Mae and Freddie Mac said Wednesday they will buy back troubled loans contained in securities they have already sold to investors.

If you enjoyed this post, make sure you subscribe to my RSS feed!

Freddie Mac to start buying back bad loans (AP)

AP – Government controlled mortgage finance company Freddie Mac said Wednesday it will buy back an unspecified amount of troubled loans contained in securities it has already sold to investors.

If you enjoyed this post, make sure you subscribe to my RSS feed!

Resources 

 

Categories