Homeowner rescue plan unveiled
@ November 11, 2008 # No Comment Yet
In an effort to prevent more foreclosures, Fannie and Freddie are stepping up plans to modify hundreds of thousands of at-risk mortgages. Interim Assistant Treasury Secretary for Financial Stability, Neel Kashkari, hopes the move will help stabilize the flagging housing market.
The plan is to target loans made prior to Jan 1, 2008 that are 90 [...]
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Obama linked to Freddie Mac, Fannie Mae
@ September 16, 2008 # No Comment Yet
Although only in the senate for four years, Barack Obama has been found by the Center for Responsive Politics to be the No. 2 recipient of dirty money from Freddie Mac and Fannie Mae lobbying efforts. Freddie/Fannie used the contributions to keep federal regulators at bay. Fannie Mae and Freddie Mac recently required a federal [...]
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