Freddie Mac unsuccessfully tries to lure investors to raise capital [Los Angeles Times]
Average 30-year fixed rate mortgages decline this week to 6.47% [MarketWatch]
Mortgage applications hit multiyear low [Los Angeles Times]
FDIC unveils aid plan to IndyMac borrowers [Wall Street Journal]
City of Los Angeles files 2,433 pre-foreclosures in month of July [Los Angeles Business Journal]
Stocks jump on falling oil and inflation forecast [AP]
Ed McMahon does NOT sell his home to The Donald [AP]
That's the news...have a great weekend!