Tag Archives: Lawmakers

Why shut down Fannie and Freddie now?

After Fannie and Freddie were put into conservatorship, the Treasury began buying senior preferred shares of stock in the two, thereby keeping them afloat and fueling the nation’s mortgage market for the foreseeable future. During the next several years, as … Continue reading

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Bay Area home sales rise, but prices fall

Bay Area home sales and prices remain lackluster, especially at the high end of the market, according to a real estate report released on Wednesday. “Sales are subpar, prices mainly flat and I don’t anticipate much change,” said Andrew LePage, … Continue reading

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Lawmakers Contradict on Speeding up Foreclosures

Article source: http://www.cnbc.com/id/45342400?__source=RSS*blog*&par=RSS

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