Residential Products Online content is now on probuilder.com! Same great products coverage, now all in one place!
billboard
Fannie Mae, Freddy Mac need further reform, economists say
Without significant congressional reform, Freddie Mae and Freddy Mac will continue to suffer under the weight of bad loans, economists say.
leaderboard2
Related Stories
The Obama administration’s long-awaited proposal for reforming the U.S. mortgage market calls for shuttering both Fannie Mae and Freddie Mac over a period of five years or more. The two agencies, along with the Federal Housing Administration, currently
A new report from the U.S. Bureau of Economic Analysis offers a state-by-state breakdown of real gross domestic product last year. North Dakota saw the largest GDP gain in 2011, up 7.6 percent, while Wyoming experienced the steepest decline (-1.2 percent
The third quarter of 2011 saw more than 200,000 foreclosed homes purchased nationwide, which accounted for 20 percent of all sales in that period, according to a CNNMoney story based on RealtyTrac data.
The number of foreclosures climbed in October, as mortgage lenders begin to make their way through the paperwork problems that had delayed new filings for much of the last year.
Home prices have dropped so dramatically and demand for rental units has increased so much that it's now cheaper to buy a two-bedroom home than to rent one in most major U.S. cities.
Urgency for new bill lessened by power of FHFA head to enact policies without legislation
boombox2
boombox1
halfpage1
native1
catfish1
interstitial1