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27 02, 2013
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    Six Questions on the Latest Fannie, Freddie Overhaul Proposal

Six Questions on the Latest Fannie, Freddie Overhaul Proposal

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A bipartisan group of former senators and housing secretaries unveiled on Monday a comprehensive proposal in a bid to jump-start the stalled debate over what to do with Fannie Mae and Freddie Mac . Here’s a look at some of the most frequently asked questions on the report from [...]
27 02, 2013

Economy still needs Fed stimulus

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(Photo: Manuel Balce Ceneta, AP) Story Highlights Costs of risk-taking aren't 'outweighing the benefits' Bernanke remarks seem intended to settle volatile financial markets No change in near term to Fed's monthly purchase of $85 billion in bonds Federal Reserve Chairman Ben Bernanke told a Senate hearing Tuesday that the [...]
26 02, 2013

Blueprint calls for shifting U.S. housing finance to private sector

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Mon Feb 25, 2013 12:27pm EST * Bipartisan group recommends winding down Fannie, Freddie * MBS issuance would be taken over by private sector * Public guarantor for MBS under catastrophic circumstances; funding from premium payments By Margaret Chadbourn WASHINGTON, Feb 25 (Reuters) - A bipartisan research group called [...]
25 02, 2013

Freddie Mac Changes Policies So Borrowers Will Get Hurricane Sandy Insurance Proceeds Faster

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MCLEAN, VA--(Marketwire - Feb 22, 2013) - Freddie Mac ( OTCQB : FMCC ) today took steps to cut the time it's taking servicers to get insurance proceeds to borrowers to start repairs on homes damaged by Hurricane Sandy and secured by Freddie Mac-owned or -guaranteed mortgages. Freddie Mac is [...]
25 02, 2013

Economy Stuck in Slow Growth Track

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WASHINGTON, Feb. 21, 2013 /PRNewswire/ -- Although the economy seems to be transitioning to a slightly stronger growth path, unresolved fiscal policy decisions pose significant headwinds in early 2013, according to Fannie Mae's (OTC Bulletin Board: FNMA) Economic & Strategic Research Group. Increased taxes and reduced government spending will [...]