Trending Thursday: Housing, mortgage finance getting a break from Washington?

Trending Thursday: Housing, mortgage finance getting a break from Washington?

Plus untying Fannie, Freddie and the whole Gordian knot of conservatorship

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4 years as leader of “long reach” New York financial regulator
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Last ditch effort made on fiscal cliff, but success unlikely

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U.S. stock futures were lower as fears grow about the impact of no deal, reports CNNMoney.

President Obama and congressional leaders will discuss the impasse at the White House on Friday afternoon, and the House of Representatives will return on Sunday. Failure to reach a fiscal cliff deal could push the U.S. economy into recession.

 

Source: CNN Money
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