Freddie Mac to Send $3.9B to Treasury Department
Permalink

Freddie Mac to Send $3.9B to Treasury Department

MARCY GORDON, AP Business Writer WASHINGTON (AP) — Mortgage giant Freddie Mac reported net income…

Continue Reading →

Nomura Misled Fannie, Freddie on Mortgage Bonds, U.S. Judge Finds
Permalink

Nomura Misled Fannie, Freddie on Mortgage Bonds, U.S. Judge Finds

Nate Raymond and Jonathan Stempel, REUTERS   NEW YORK (Reuters) — A U.S. judge on…

Continue Reading →

Mel Watt Faces Tough Affordable Housing Question
Permalink

Mel Watt Faces Tough Affordable Housing Question

(Politico) – Fannie Mae and Freddie Mac regulator Mel Watt will soon have to dive…

Continue Reading →

Beyond the Rhetoric: Fannie Mae and Freddie Mac Still Needed
Permalink

Beyond the Rhetoric: Fannie Mae and Freddie Mac Still Needed

By Harry C. Alford NNPA Columnist   My time in Washington has given me a real…

Continue Reading →

Senate Banking Leaders Sketch Out Fannie, Freddie Bill
Permalink

Senate Banking Leaders Sketch Out Fannie, Freddie Bill

(Reuters) – The leaders of the Senate Banking Committee on Tuesday announced an agreement on…

Continue Reading →

BUSINESS EXCHANGE: For Now, Mel Watt Denied Post
Permalink

BUSINESS EXCHANGE: For Now, Mel Watt Denied Post

By William Reed NNPA Columnist   Many Blacks are saying “shame on” the U.S. Senate…

Continue Reading →

Bank of America Liable for Countrywide Mortgage Fraud
Permalink

Bank of America Liable for Countrywide Mortgage Fraud

(Reuters) – Bank of America Corp was found liable for fraud on Wednesday over defective…

Continue Reading →

Black and Latino Wealth Drops to Record Lows
Permalink

Black and Latino Wealth Drops to Record Lows

By Charlene Crowell NNPA Columnist   As part of the 43rd annual Congressional Black Caucus Foundation…

Continue Reading →

Rise in mortgage rates cuts into home buyer demand
Permalink

Rise in mortgage rates cuts into home buyer demand

[REUTERS] Expectations the Federal Reserve will slow its economic stimulus program by the end of…

Continue Reading →