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Townhouse for sale in Santa Clarita, Calif. (AP Photo/Damian Dovarganes)
Economy

Conservative analysts warn of growing Fannie and Freddie

Joseph Lawler -
0
In May, FHFA Director Mel Watt signaled that he would reverse course from his predecessor, Edward DeMarco, and steer the agency away from shrinking Fannie and Freddie's market footprint and toward expanding mortgage credit to more families. (AP Photo/Jacquelyn Martin)
Economy

Fannie Mae, Freddie Mac regulator aims to boost low-income lending

Joseph Lawler -
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The Census Bureau reported Monday morning that 412,000 new single-family homes were sold in July, well below the roughly 430,000 that economists expected and fewer than in June. (iStock Photo)
Economy

Sales of new houses disappoint in July, dimming hopes for an economic boost

Joseph Lawler -
0
Economists note that people with credit scores above 720 -- about half of all borrowers -- have been taking out more home loans. But for prime, subprime and deep subprime borrowers, there has been no increase in mortgage debt. (iStock Image)
Economy

Most households still not borrowing

Joseph Lawler -
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Mel Watt’s plan to loosen mortgage credit will shape housing finance for years
Economy

Mel Watt’s plan to loosen mortgage credit will shape housing finance for years

Joseph Lawler -
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Mel Watt, who had served as the Congressman from North Carolina's 12th District since 1993, was sworn in as the director of the Federal Housing Finance Agency on Monday afternoon. (AP File)
Economy

Mel Watt, Obama’s new regulator of Fannie and Freddie, signals shift to broadening credit access

Joseph Lawler -
0
“The housing recovery is being impeded by the fact that the system as a whole is in limbo because they’re in limbo,” said Gerald Howard, CEO of the National Association of Home Builders. (AP Photo/Manuel Balce Ceneta, File)
Economy

Fannie, Freddie hit a crossroads

Joseph Lawler -
0
In May, FHFA Director Mel Watt signaled that he would reverse course from his predecessor, Edward DeMarco, and steer the agency away from shrinking Fannie and Freddie's market footprint and toward expanding mortgage credit to more families. (AP Photo/Jacquelyn Martin)
Economy

Mel Watt: The man who will regulate your mortgage

Joseph Lawler -
0
Mel Watt, who had served as the Congressman from North Carolina's 12th District since 1993, was sworn in as the director of the Federal Housing Finance Agency on Monday afternoon. (AP File)
Economy

Former congressman Mel Watt sworn in as Fannie and Freddie regulator

Joseph Lawler -
0
Texas man arrested for failing to return a library book on time
Red Alert Politics

Texas man arrested for failing to return a library book on time

Katie LaPotin -
0
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