Post Tagged with: "home mortgage loans"

July 30, 2012 09:15

Obama Plans Another Housing Collapse?

The federal government is beginning another initiative to force banks to lend mortgage money to low-credit-rated blacks and Hispanics — specifically blacks and Hispanics — and is threatening and already imposing punitive fines if they don’t.

June 21, 2012 05:08

Obama’s Executive Order Mortgage Debt Ploy Could Guarantee Re-election

“underwater homeowners” constitute a “huge powerful voting bloc” that could help re-elect Obama in November.

February 9, 2011 07:52

Fannie, Freddie Could Be Phased Out Under Treasury Housing Plan

U.S. Treasury Secretary Timothy F. Geithner will present Congress with three options for reducing the government’s role in the nation’s decades-old housing finance system and shrinking the footprint of mortgage companies Fannie Mae and Freddie Mac

May 19, 2010 05:39

Hoyer: No Plans Yet by Democrats To End Fannie, Freddie Bailouts

Fannie and Freddie together own or guarantee $5.5 trillion worth of home mortgage loans – about half of all mortgages – and have been costing the taxpayers approximately $7 billion per month to keep afloat, after first being bailed out in September 2008.