Two executives from the National Association of Home Builders held a teleconference on the "credit crunch" on Tuesday. The one hour conference was hosted by Jerry Howard, CEO of NAHB and David Seiders, Chief Economist. The teleconferencing format is difficult to cover as the presenters tend to outline...
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...