Foreclosure crisis isn’t over yet
Thursday, August 26th, 2010New figures from the Mortgage Bankers Association show still-high rates of delinquency.---read the article
New figures from the Mortgage Bankers Association show still-high rates of delinquency.---read the article
Fannie Mae and Freddie Mac reform: Would it add $5 trillion to US debt?
Tuesday, August 17th, 2010The 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.---read the article
Instant View – Fed to buy Treasuries with maturing debt
Wednesday, August 11th, 2010NEW YORK (Reuters) - The U.S. Federal Reserve on Tuesday said it would begin funnelling proceeds from its maturing mortgage bonds into longer-term government debt in an effort to support a sputtering economic recovery.---read the article
More worried about recovery, Fed takes small steps
Tuesday, August 10th, 2010More worried about the recovery, the Federal Reserve took a small step Tuesday to bolster the economy. Wrapping up a one-day meeting, the Fed said it will use the proceeds from its investments in mortgage bonds to buy government debt on a small scale.---read the article
Audit D.C. Notes: Going Against the Meme, Mortgage Madness, Summer Reading
Thursday, August 5th, 2010Sure, a few incumbents have lost in recent months. But, Beam writes, let’s put this in perspective: So far this year, 282 federal-level incumbents have been up for re-election. Of those, only six have lost their seats—four in the House and two in the Senate.---read the article