After long months of wrangling, the U.S government and 49 states announced yesterday a settlement agreement in the bank foreclosure scandal. But despite the tough negotiating stances taken by some states attorneys general, the end result represents only ...
Tag: Fannie Mae
Blog Post - February 10th, 2012
All terms: bailout, banking, Bankruptcy, Barack Obama, Fannie Mae, financial regulation, Government, GSE, Housing Market
Feature - June 1st, 2011
As candidates end their flirting and begin to enter the field one by one, and Campaign 2012 takes shape, the American people will begin to get a sense of what the “hot topics” of this election cycle will be. What the political conversation ought to ...
Blog Post - February 11th, 2011
Washington has, yet again, been caught with its finger in the dyke—delaying a true recovery and extending pain for taxpayers. In late 2008, Fannie Mae and Freddie Mac—which owned or guaranteed more than half of the $12 trillion U.S. mortgage market—were ...
All terms: economic trends, Fannie Mae, Freddie Mac, Free Market, Free Market, Government, Real Estate, U.S. Housing Market, US Economy
Blog Post - December 16th, 2010
Inequality is a loaded word. If you are for it, you are tarred and feathered as an uncompassionate, knuckle-dragging materialist. While inequality may seem like a negative concept, it is what drives free market capitalism. Adam Smith, the father of ...
Blog Post - August 17th, 2010
The U.S. Treasury did some work to put together a show of political theater today called Conference on the Future of Housing Finance. A panel of experts were gathered to try and come to a conclusion on what to do about the government-sponsored basket ca ...
All terms: Fannie Mae, Freddie Mac, Free Market, Government, Housing Market, Real Estate, U.S. Treasury