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

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

Says administration is very pleased with Johnson-Crapo

The 10 greenest places to live

Happy Earth Day, everyone!

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

U.S. judge allows discovery on Tirelli's smoking gun
W S

Senators reject proposal for banks to bail out Fannie, Freddie

/ Print / Reprints /
| Share More
/ Text Size+
Senate negotiators working on the financial-regulatory bill today rejected a proposal from House Republicans that would make big banks liable for the costs of winding down Fannie Mae and Freddie Mac. The proposal would have made the government-controlled home loan companies, which own or guarantee more than half of the $11trn US mortgage market, part of a Wall Street-financed "rainy day" fund that would be used to pay for the liquidation of large failed companies.

Recent Articles by Diana Golobay

Comments powered by Disqus