Fannie Mae and Freddie Mac

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A U.S. Parallel to Dubai World

New York Times - Thu Dec 3, 12:50 am ET

A default by Fannie Mae and Freddie Mac on what has long been seen as quasi-sovereign debt would torpedo America’s reputation.

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Despite economy, affordable-housing renovations go forward
Baltimore Sun - 52 minutes ago
Demand might be high for low-rent apartments, but building them is even more difficult than usual these days . Financiers have pulled back. The market for the Low Income Housing Tax Credit program -- an important source of money for affordable-housing developers -- is a shadow of its former self.
Wisconsin OCI Grants MGIC Regulatory Capital Waiver and Approves Revised MIC Business Plan
PR Newswire via Yahoo! Finance - 2 hours 5 minutes ago
MGIC Investment Corporation's principal subsidiary Mortgage Guaranty Insurance Corporation today announced that the Office of the Commissioner of Insurance for the State of Wisconsin has waived, until December 31, 2011, the requirement that MGIC maintain a specific level of minimum regulatory capital to write new mortgage guaranty policies.
Mortgage Rate Trend Index
Bankrate.com - 2 hours 57 minutes ago
Will rates rise or remain relatively unchanged? Experts and Bankrate analysts provide their insights.
Real Money (Dec. 3): Capital Raisings, Property Financings
CoStar Group - Thu Dec 3, 5:51 am ET
General Growth Properties Inc. agreed in principle to restructure approximately $8.9 billion of secured mortgage loans. Key provisions of the agreements include maturity date extensions resulting in an average loan duration of approximately 6.4 years...
From the Silverthorne/Dillon Director
Summit Daily News - Thu Dec 3, 4:41 am ET
Dear Silverthorne and Dillon Realtors, If you have not yet become aware of the new rule that Fannie Mae has instituted about short term rentals and lending, please familiarize yourself with it. This is something that will affect resort areas such as ours in a very negative way!! This is the time to let NAR know how we feel. Things continue to be slow in our market, and we may not have seen the ...
Perna: Bounceback or setback?
Yale Daily News - Thu Dec 3, 3:40 am ET
Eighty years ago today, President Herbert Hoover announced in his first State of the Union address that the worst effects of the stock market crash were behind us. But in December 1929, the worst was yet to come.
Government increases pressure on mortgage industry
Reno Gazette-Journal - Thu Dec 3, 2:18 am ET
WASHINGTON - The Obama administration said Monday it will crack down on mortgage companies that are failing to do enough to help borrowers at risk of foreclosure, as part of a broad effort to ramp up participation in its mortgage assistance program.
Bronx properties troubled no Mo
YourNabe.com - Thu Dec 3, 2:00 am ET
Former New York Mets slugger Mo Vaughn played in Queens but plans to rescue 14 apartment buildings in the Bronx.
World class health care will be lost
Evansville Courier & Press - Thu Dec 3, 1:00 am ET
World class health care will be lost To the editor:President Obama and our Congress intend to replace our world class health industry with a single payor government health insurance system. Sen. Harry Reid 's Senate proposed bill will save $187 billion over 10 years while insuring 31 million more citizens with no increase in the number of doctors. How can this be? When has any government program ...
A U.S. Parallel to Dubai World
New York Times - Thu Dec 3, 12:50 am ET
A default by Fannie Mae and Freddie Mac on what has long been seen as quasi-sovereign debt would torpedo America’s reputation.
HUD chief defends efforts to aid borrowers
Washington Post - Thu Dec 3, 12:00 am ET
Housing and Urban Development Secretary Shaun Donovan on Wednesday defended a range of Federal Housing Administration efforts after presenting lawmakers with the outlines for tougher rules that the agency plans to impose on borrowers.
Homeowners Line Up To Get Mortgage Help
WSOC-TV Charlotte - Wed Dec 2, 11:18 pm ET
People line up in the rain 12 hours before for an event that could help families in Charlotte lower their mortgage payments.
Franklin Templeton Limited Duration Income Trust Reports Asset Allocation
Marketwire - Wed Dec 2, 9:18 pm ET
SAN MATEO, CA--(Marketwire - December 2, 2009) - Franklin Templeton Limited Duration Income Trust ( NYSE Amex : FTF ), a closed-end investment company managed by Franklin Advisers, Inc., today reported its portfolio composition, certain portfolio characteristics and NYSE Amex closing price as of October 31, 2009. Franklin Advisers, Inc., is a wholly owned subsidiary of Franklin Resources, Inc ...
Vital Zips
The State - Wed Dec 2, 9:05 pm ET
PROPERTY TRANSFERS
Neglected Bronx Buildings to Get New Owner
WNYC New York Public Radio - Wed Dec 2, 8:14 pm ET
Tenants living in more than a dozen severely neglected Bronx buildings could see improvements soon. The buildings are in foreclosure and a developer of affordable housing is expected to take them ove....