4Vote!
PR News Wire (Free subscription) | 11/16/2009
... (HARP), Home Affordable Modification Program (HAMP) and HOPE for Homeowners program, as well as Freddie Mac, Fannie Mae, Treasury and Department of Housing and Urban Development guidelines.During the past 18 months, economic conditions in the U.S. have put a particular strain on the mortgage industry with record-high levels of property foreclosures across the country. As this trend continues,...
+Vote!
Kiko's House (Free subscription) | 10/27/2009
... became the catch term for the idea that the AIGs, Morgan Stanleys, Washington Mutuals and Freddy Macs and Fanny Maes are so large and so interconnected that the federal government cannot allow them to go under because that would have a disastrous effect on the economy. The term was soon applied to non-financial sector and insurance companies like General Motors and Chrysler, which...
7Vote!
Cato-at-liberty (Free subscription) | 10/23/2009
... others had in creating the mortgage crisis by refusing to limit the activities of Fannie Mae and Freddy Mac after 2003.” That these regulators will be able to calculate the salary that is appropriate to discourage excessive risk-taking is simply comical. And so we have here a textbook example of modern government: Obama fails to do or do well what he is authorized to do, yet he strides into...
