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Economy

‘Doing away’ with Fannie, Freddie a priority, HUD chief says

Joseph Lawler -
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Federal Housing Finance Authority Director Mel Watt. (AP File Photo/Jacquelyn Martin)
Economy

Mel Watt: Student loans, financial crisis holding back homeownership

Joseph Lawler -
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An Agency Desperately Trying to Get Its Way

An Agency Desperately Trying to Get Its Way

Terry Eastland -
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The HUD IG's report documented in detail that Rotan, Texas, officials failed at every turn with 86 housing units.

Big HUD problems in tiny Texas town

Mark Tapscott -
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A
Economy

New home sales pick up slightly in September

Joseph Lawler -
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One member of the Securities and Exchange Commission had colorful criticism for his colleagues Wednesday as they voted to finalize a long-delayed mortgage rule that has been significantly loosened following industry concerns that it would crimp lending. (iStock Photo)
Economy

SEC commissioner rips regulators for bowing to industry on mortgage rule

Joseph Lawler -
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Although the industry prevailed on the mortgage rule, lenders remain worried about having to buy back faulty loans from government mortgage buyers Fannie Mae and Freddie Mac, and, even more importantly, the threat of future litigation over loans they make. (iStock)
Economy

Don’t expect easier credit from watered-down mortgage rule

Joseph Lawler -
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A
Business

US existing home sales rise in September

Josh Boak -
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Mel Watt, the director of the Federal Housing Finance Agency that oversees the two bailed-out government mortgage businesses, said that his agency would work to clear up some of the legal impediments to greater mortgage lending by banks and aim to increase loans with down payments as low as 3 percent. (AP Photo)
Economy

Watt prepares to expand home lending

Joseph Lawler -
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A housing program in Chicago spent millions of taxpayer dollars on projects that should have been covered by income from the rent it was collecting, a watchdog report found. (iStock)

Chicago misused HUD housing grants

Sarah Bedford -
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