Several television financial correspondents were announcing at the beginning of this week that Monday was the first anniversary of the credit squeeze . It is unclear whether any one day can claim that dubious distinction, but August 2007 was certainly a cruel month. During the first full week in August...
Several key players have rung in on the decision by the Office of Federal Housing Enterprise Oversight (OFHEO) to retain limits on the mortgage portfolios owned by Freddie Mac and Fannie Mae. The two government sponsored enterprises (GSEs) had petitioned OFHEO, its regulator, last week asking to be allowed...
Posted to
MND NewsWire
by
Glenn Setzer
on
Mon, Aug 20 2007
Filed under:
Filed under: national association of realtors, NAR, Freddie Mac, ofheo, Fannie Mae, national association of home builders, Mortgage Bankers Association, MBA, credit crunch, countrywide, NAHB, gse, charles schumer, subprime crisis, rate reset
Investors in the two government sponsored enterprises ( GSEs ) Freddie Mac and Fannie Mae got their hopes up early in the week based on speculations that federal regulators - specifically the Office of Federal Housing Enterprise Oversight (OFHEO) - might allow the two mortgage giants to buy more home...
Posted to
MND NewsWire
by
Glenn Setzer
on
Fri, Aug 10 2007
Filed under:
Filed under: Freddie Mac, ofheo, Fannie Mae, SEC, Federal Reserve, credit crunch, countrywide, president bush, Christopher Dodd, gse, charles schumer, subprime market