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
If you are getting a little muddled by the number and variety of reports about mortgage interest rates, home sales, homes prices, and so forth that we report here, please believe they are not as confusing as they appear. These are among dozens of reports issued monthly, quarterly, and annually on the...
It probably doesn't mean a thing, or maybe it does. In any case, it demonstrates the fun of poking around the Internet to find little pieces of information that, if they are covered by the media at all, are buried on the back pages of The Wall Street Journal. This time it was a small piece on the website...