Reuters - U.S. President Barack Obama sought to rally support for his emerging economic rescue package on Saturday, as he stood by his latest cabinet nominee to run into tax problems that could impede confirmation.
AP - President Barack Obama on Saturday promised to lower mortgage costs, offer job-creating loans for small businesses, get credit flowing and rein in free-spending executives as he readies a new road map for spending billions from the second installment of the financial rescue plan.
AP - Mortgage finance company Freddie Mac said it will allow some borrowers to rent out their homes after losing them to foreclosure.
Reuters - Fannie Mae reached an agreement to work with one of its former critics, Neighborhood Assistance Corp of America, to prevent foreclosures by reworking home mortgages to make them easier to afford, the Wall Street Journal said.
