New home sales plummet 14.5% in March

New home sales plummet 14.5% in March

Spring buying season off with a whimper

HUD’s Donovan: This is the worst rental crisis in this nation, ever

Says administration is very pleased with Johnson-Crapo

WFC can't keep alleged bogus foreclosure manual out of court

U.S. judge allows discovery on Tirelli's smoking gun
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Lending / The Ticker

Fate of 30-year FRM remains uncertain

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The sequester is all anybody wants to talk about. I get it: It’s the hip new crisis sweeping Washington. But remember Fannie Mae and Freddie Mac? You know, the once quasi-independent housing giants whose takeover by the federal government has cost taxpayers upwards of $190 billion thus far? Well, Fannie and Freddie are still owned by the federal government and, on top of that, are the only thing holding the U.S.’ badly battered housing-finance system together, as the Feds back 9 out of 10 mortgages issued today.

 


 

 

Source: Time
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