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  • Schumer Bill Would Lift GSE Portfolio Caps

    Congress and the Administration may be headed for a clash on yet another front - the size of Freddie Mac and Fannie Mae's owned portfolios. On Monday Senator Charles Schumer (D-NY) introduced legislation that would provide about $72.5 billion to refinance mortgages for borrowers whose loans have or are...
    Posted to MND NewsWire (Weblog) by Glenn Setzer on Tue, Sep 11 2007

  • GSE Attempts To Help Mortgage Market Squashed

    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 (Weblog) by Glenn Setzer on Fri, Aug 10 2007
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