Post Tagged with: "home loans"

August 31, 2011 06:13

Consumer confidence and housing market near record lows

How’s that hopey changey “fundamental transformation of America” working out?

May 11, 2011 05:10

The Fannie Mae Mess

In a free market economy, when did anyone ever imagine that the government would “own or guarantee” the vast bulk of home mortgages? And why? This is the result of socialist policies that assert that everyone should have an imagined “right” to own a home when common sense says that not everyone could qualify for this.

July 21, 2010 11:59

Fannie and Freddie corruption still leaking

Employees at Fannie Mae and Freddie Mac — including top executives — received 173 cut-rate loans from Countrywide Financial, according to a congressional probe, the latest accusation that the lender tried to curry influence with people in power.

June 14, 2010 04:29

Fannie-Freddie Fix at $160 Billion With $1 Trillion Worst Case

The cost of fixing Fannie Mae and Freddie Mac, the mortgage companies that last year bought or guaranteed three-quarters of all U.S. home loans, will be at least $160 billion and could grow to as much as $1 trillion after the biggest bailout in American history.