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A reward for responsible homeowners(CNN International)
The government has bailed out Wall Street firms, giant banks, creditors of Fannie Mae and Freddie Mac -- and is trying to bail out people who've defaulted or are about to default on their mortgages. But let's say you're a hardworking family that has
7 hours ago 0 Comments visited : 1 Digg!
Fannie Mae & Freddie Mac need to go, better alternatives exist(IBTimes.com)
Fannie Mae and Freddie Mac, two government-sponsor enterprises that buy U.S. mortgages , should be dismantled. Their structure is fundamentally flawed, their existence causes distortions and there are better alternatives.
1 week ago 0 Comments visited : 17 Digg!
Fannie, Freddie, and the mortgage addiction (csmonitor.com)
Since the mortgage market can't suddenly wean itself off government-supported Fannie Mae and Freddie Mac, some experts want more federal intervention. They're wrong.
2 weeks ago 0 Comments visited : 3 Digg!
Video: Government Propping Up Housing Market(CBS News)
Existing home sales plunged in July to the lowest level since 2009. Anthony Mason reports the biggest government programs promoting home ownership - Fannie Mae and Freddie Mac -- are facing a crisis.
2 weeks ago 0 Comments visited : 8 Digg!
Fixing Fannie Mae and Freddie Mac(CBS News)
Treasury Aims for Plan to Reform Mortgage Giants, But That Will Be Difficult During Sensitive Housing Market
2 weeks ago 0 Comments visited : 11 Digg!
The Fannie and Freddie effect is here long term(Financial Times)
Nobody in Washington seems to know what to do with Fannie and Freddie. But act they must.
3 weeks ago 0 Comments visited : 9 Digg!
Bye-bye Fannie and Freddie, but hello to what?(csmonitor.com)
Mortgage giants Fannie Mae and Freddie Mac are draining taxpayers and face extinction. Obama is due to present reforms in housing policy by January. One consensus: more help for renters.
3 weeks ago 0 Comments visited : 16 Digg!
Rep. Frank: Abolish Fannie and Freddie(Fox News)
3 weeks ago 0 Comments visited : 10 Digg!
Nationalize mortgage giants, bond king says(New York Post)
There's only one way to fix the badly dilapidated housing market, and that's to fully nationalize mortgage giants Fannie Mae and Freddie Mac. That's the advice from bond king Bill Gross, who was among the executives asked to attend a Capitol Hill
3 weeks ago 0 Comments visited : 21 Digg!
Public housing(New York Post)
There's only one way to fix the badly dilapidated housing market, and that's to fully nationalize mortgage giants Fannie Mae and Freddie Mac. That's the advice from bond king Bill Gross, who was among the executives asked to attend a Capitol Hill
3 weeks ago 0 Comments visited : 16 Digg!
Fannie Mae and Freddie Mac reform: Would it add $5 trillion to US debt?(csmonitor.com)
The Obama administration held a conference Tuesday about how to reform mortgage giants Fannie Mae and Freddie Mac. Reform could involve adding Fannie and Freddie's roughly $5 trillion in obligations, in effect, to the federal balance sheet.
3 weeks ago 0 Comments visited : 18 Digg!
The Fannie & Freddie Problem: Let's Talk It Out(abc News)
One key issue left out of the Obama administration’s sweeping Wall Street reform bill was any attempt to wean government-backed mortgage giants Fannie Mae and Freddie Mac off of federal support. Much to the chagrin of Congressional Republicans, tha
3 weeks ago 0 Comments visited : 23 Digg!
'Fundamental change' for Fannie, Freddie, Geithner says(Los Angeles Times)
But the Treasury secretary and the Obama administration haven't announced any detailed plans for the bailed-out housing giants when they emerge from federal control.Treasury Secretary Timothy Geithner on Tuesday promised "fundamental change"
3 weeks ago 0 Comments visited : 12 Digg!
Geithner Sees U.S. Role in Mortgage Market(The Wall Street Journal)
The U.S. government will likely continue to play a role in guaranteeing mortgages, but policy makers must figure out how to design a system that doesn't lead to a rerun of the collapse of Fannie and Freddie, Geithner said.
3 weeks ago 0 Comments visited : 22 Digg!
Government mulls big changes to Fannie, Freddie(The Washington Times)
WASHINGTON (AP) — Talk of shrinking the government's involvement in the mortgage market is growing. Just don't expect action any time soon. A conference Tuesday at the Treasury Department is the first of many steps toward restructuring the
3 weeks ago 0 Comments visited : 25 Digg!
Geithner calls for housing finance reform(Financial Times)
Tim Geithner, US treasury secretary, called for a ‘careful’ wind-down of the portfolios of Fannie Mae and Freddie Mac in order to keep mortgage rates low in a tough housing market
3 weeks ago 0 Comments visited : 28 Digg!
Dealbook Column: Why Mortgage Giants Freddie Mac and Fannie Mae Must Endure(International Herald Tribune)
Few people are happy with the mortgage buyers Freddie Mac and Fannie Mae, but the private market is not yet ready to step in for them.
3 weeks ago 0 Comments visited : 22 Digg!
Fox Business: Pondering Fannie, Freddie's Fate(Fox News)
3 weeks ago 0 Comments visited : 4 Digg!
Treasury mulls fix for Fannie, Freddie(New York Post)
Government-owned mortgage behemoths Fannie Mae and Freddie Mac could be converted into giant co-ops co-owned by Wells Fargo, Citigroup, JPMorgan Chase and Bank of America under one plan to be discussed today at a government summit aimed at determinin
3 weeks ago 0 Comments visited : 13 Digg!
Call for careful overhaul of US mortgage lending(Financial Times)
Officials say that any credible proposal to overhaul Fannie Mae and Freddie Mac, the government-sponsored mortgage companies, must include a ‘thoughtful approach’ to prevent house prices from dipping lower
3 weeks ago 0 Comments visited : 20 Digg!
Mortgage madness(New York Post)
President Obama's flagship mortgage-modification pro gram is a colossal failure -- it's a boondoggle that's wasting billions of taxpayer dollars. The program's supposed to help Americans in danger of losing their homes -- but the big winners are
3 weeks ago 0 Comments visited : 14 Digg!
Call for careful overhaul of US lending(Financial Times)
Officials say that any credible proposal to overhaul Fannie Mae and Freddie Mac, the government-sponsored mortgage companies, must include a ‘thoughtful approach’ to prevent house prices from dipping lower
3 weeks ago 0 Comments visited : 16 Digg!
Call for careful overhaul of US lenders(Financial Times)
Officials say that any credible proposal to overhaul Fannie Mae and Freddie Mac, the government-sponsored mortgage companies, must include a ‘thoughtful approach’ to prevent house prices from dipping lower
3 weeks ago 0 Comments visited : 21 Digg!
Fannie and Freddie’s bond market upheaval(Financial Times)
In this new world, a bond’s performance is determined by the reputation of its holders, not its issuer, writes James Rickards
4 weeks ago 0 Comments visited : 30 Digg!
Housing summit may yield Fannie and Freddie clues(IBTimes.com)
An Obama administration summit of housing industry leaders next week may yield clues on the future of Fannie Mae <FNMA.OB> and Freddie Mac <FNMA.OB>, the two mortgage heavyweights that so far have sucked up close to $150 b
4 weeks ago 0 Comments visited : 11 Digg!
Op-Ed Contributor: Say Goodbye to Fannie and Freddie(International Herald Tribune)
Fannie and Freddie: two flawed agencies the housing market would be better off without.
4 weeks ago 0 Comments visited : 13 Digg!
Op-Ed Contributor: Fannie Mae and Freddie Mac: Too Big Not to Fail(International Herald Tribune)
Government-backed mortgages shouldn’t be exempt from risk rules.
4 weeks ago 0 Comments visited : 14 Digg!
Freddie Mac reports loss, seeks another $1.8 billion in taxpayer bailout(csmonitor.com)
Mortgage giants Freddie Mac and Fannie Mae, between them, have needed $148.2 billion in bailout money since late 2008 to stay afloat. The aim is to ensure that mortgage credit remains available.
4 weeks ago 0 Comments visited : 11 Digg!
Freddie Mac Requests $1.8B in Aid After 2Q Loss(abc News)
Freddie Mac asks for $1.8 billion in government aid after $6 billion 2nd-quarter loss Freddie Mac - Macintosh - Apple - Fannie Mae - FAQs Help and Tutorials
4 weeks ago 0 Comments visited : 7 Digg!
Fair Game: Freddie, Fannie and the Third Rail of Housing Policy(International Herald Tribune)
What we may hear about fixing Fannie Mae and Freddie Mac before the elections is a lot of sound and fury. But intelligent discussion is needed.
1 month ago 0 Comments visited : 10 Digg!
WATCH: FHA Flags Mortgages in Cancer Cluster (abc News)
Floridians denied loans because they live in an alleged cancer cluster. Federal Housing Administration - United States - Mortgage - Fannie Mae - Barack Obama
1 month ago 0 Comments visited : 20 Digg!
House lawmaker calls for probe of Fannie Mae allegations(IBTimes.com)
The top Republican on the House Financial Services Committee called on Friday for an investigation into charges that mortgage finance giant Fannie Mae pushed borrowers into a mortgage aid program so it could receive incentive payments from the U.S. g
1 month ago 0 Comments visited : 13 Digg!
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