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Mortgage rates dip, stay above record lows (AP)

AP - Rates on 30-year mortgages fell slightly from last week but remained just ahead of record lows posted this month, Freddie Mac said Thursday.
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Why You Need a Renewable Term Life Policy (The Motley Fool)

The Motley Fool - It's an unavoidable fact of life: Life insurance premiums increase with age. And then there's the matter of your health. If you develop certain medical conditions, life insurance suddenly becomes prohibitively expensive, if you can get it at all.
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U.S. mortgage rates nudge closer to record low (Reuters)

A prospective home buyer tours a condominium for sale in Medford, Massachusetts, April 2, 2009. REUTERS/Brian SnyderReuters - U.S. mortgage rates fell in the latest week, nudging closer to a recent record low, helped by government efforts to bring rates down to levels that will spur demand and help the hard-hit housing market begin to recover.


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SunTrust Banks has big loss but beats forecasts (Reuters)

Reuters - SunTrust Banks Inc posted its second straight quarterly loss, though results topped forecasts as deposit growth and higher mortgage lending offset charges tied to the collapsing real estate market.
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Sallie Mae narrows 1st-quarter loss (AP)

AP - Sallie Mae, the nation's largest student lender, narrowed its loss in the first quarter, despite government efforts to stabilize short-term debt markets that Sallie Mae says hurt its results.
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Talks on mortgage relief plan hit a snag (AP)

AP - Negotiations between the banking industry and Senate Democrats on a mortgage relief plan hit a snag Wednesday after a trade association representing credit unions said it could not endorse the proposal.
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Sallie Mae narrows 1st-quarter loss (AP)

AP - Sallie Mae, the nation's largest student lender, narrowed its loss in the first quarter, despite government efforts to stabilize short-term debt markets that Sallie Mae says hurt its results.
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Police investigating death of Freddie Mac official (AP)

An unidentified woman and man leave the home of David Kellermann, the acting chief financial officer of mortgage giant Freddie Mac, in Vienna, Va., Wednesday, April 22, 2009. Kellermann he was found dead at his home Wednesday morning in what police said was an apparent suicide. (AP Photo/Luis M. AlvarezAP - The chief financial officer of Freddie Mac, one of the mortgage giants at the heart of the nation's financial meltdown, was found dead in his basement early Wednesday morning in what police said was an apparent suicide. David Kellermann, 41, apparently hanged himself in his suburban Washington home, said a law enforcement official familiar with the investigation. He asked not to be identified because the investigation was ongoing.


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Talks on mortgage relief plan hit a snag (AP)

AP - Negotiations between the banking industry and Senate Democrats on a mortgage relief plan hit a snag Wednesday after a trade association representing credit unions said it could not endorse the proposal.
Filed Under: Uncategorized by: Yahoo! News: Personal Finance News

Freddie executive death apparent suicide: police source (Reuters)

Emergency personnel remove a body from the home of David Kellermann, acting chief financial officer of mortgage giant Freddie Mac, in Reston, Virginia, in this frame grab taken on April 22, 2009. REUTERS/WRCTV/HandoutReuters - The finance chief of troubled U.S. mortgage giant Freddie Mac, David Kellermann, was found dead on Wednesday after apparently committing suicide, a police source said.