Housing shouldn’t look at any color but the color of money

Housing shouldn’t look at any color but the color of money

People with bad credit and bad habits should be squeezed out of housing

Who is Nat Hardwick?

Former LandCastle Title CEO owns NASCAR team, rubs elbows with PGA pros

Lawsuit alleges former LandCastle Title CEO embezzled $30 million

Nat Hardwick allegedly used funds for private jets, gambling
W S

Reshaping Fannie Mae and Freddie Mac

/ Print / Reprints /
| Share More
/ Text Size+
U.S. President Barack Obama is expected to announce an outline of what he'd like to see happen to mortgage companies Fannie Mae and Freddie Mac when he releases his fiscal 2011 budget proposal, likely early next month. ... Following are some scenarios, gleaned from comments by policy-makers, analysts and the GAO report. FULL NATIONALIZATION This might be the easiest option and would return the companies to their origins as a government tool to nurture the housing market. Some analysts see the Obama administration's Christmas eve move as a signal this is the direction they are leaning, but top White House economic adviser Lawrence Summers told the Wall Street Journal in late December "that certainly would not be the direction I would expect."

Recent Articles by Paul Jackson

Comments powered by Disqus