MLM Counties News. Notices. Need-to-know Information.
Efforts to overhaul the U.S. housing-finance system could hinge on how far Congress is willing to go to ensure that young, low-income and minority homebuyers can get mortgages.
Tagged with: Fannie Mae Freddie Mac
Read More »Fannie Mae fix fading due to split on mortgage plan
Reaching agreement on the future of Fannie Mae and Freddie Mac, which buy mortgages and package them into bonds, has been one of the central challenges of Washington’s response to the 2008 credit crisis.
Tagged with: Fannie Mae Freddie Mac
Read More »Fannie Mae survival back on table
The consensus in Washington that Fannie Mae and Freddie Mac should be dismantled is weakening amid opposition from hedge funds, regional banks and others who could benefit if the companies survive in some form.
Read More »Fannie Mae joins Freddie Mac ignoring write-off, report says
Fannie Mae and Freddie Mac are ignoring billions of dollars in potential losses on overdue loans as they take three years to adopt a new accounting system, a government auditor said in a letter made public Monday.
Tagged with: business Fannie Mae Freddie Mac
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