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Tag Archive | "the-government"

Congress to try to recoup Fannie, Freddie costs (AP)

Thursday, July 29, 2010

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AP - Lawmakers plan to study ways to get back some of the $145 billion the government has pumped into giant mortgage buyers Fannie Mae and Freddie Mac.

Congress to try to recoup Fannie, Freddie costs (AP)

Thursday, July 29, 2010

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AP - Lawmakers plan to study ways to get back some of the $145 billion the government has pumped into giant mortgage buyers Fannie Mae and Freddie Mac.

Bailout watchdogs slam Obama housing programs (Reuters)

Wednesday, July 21, 2010

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Reuters - Obama administration housing rescue programs have been ineffective at preventing a rise in home foreclosures even as the government's support for the mortgage market grew by nearly $700 billion in the past year, bailout watchdogs said on Wednesday.

Home tax credit extension relieves tardy buyers (AP)

Thursday, July 1, 2010

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AP - Homebuyers worried about closing their house purchases before the tax credit cutoff can relax after the government extended the deadline.

Summary Box: Pending home sales drop to low in May (AP)

Thursday, July 1, 2010

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AP - PENDING HOME SALES FALL: The number of buyers who signed contracts to purchase homes tumbled by 30 percent in May from the previous month to the lowest level on record.

Housing market struggles without government aid (AP)

Wednesday, June 23, 2010

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AP - Americans showed far less appetite to buy new homes last month after the government stopped offering a homebuyer tax credit. The news signaled a renewed housing slump that threatens the broader economy.

Senate votes to extend tax credit to homebuyers caught in backlog (McClatchy Newspapers)

Wednesday, June 16, 2010

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McClatchy Newspapers - WASHINGTON — An estimated 180,000 consumers eligible for the government's homebuyer tax credit could lose that benefit because a huge backlog could make them miss the June 30 deadline to complete the transaction, but the Senate voted Wednesday to give consumers three more months to seal their deals.

Senate votes to extend tax credit to homebuyers caught in backlog (McClatchy Newspapers)

Wednesday, June 16, 2010

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McClatchy Newspapers - WASHINGTON — An estimated 180,000 consumers eligible for the government's homebuyer tax credit could lose that benefit because a huge backlog could make them miss the June 30 deadline to complete the transaction, but the Senate voted Wednesday to give consumers three more months to seal their deals.

Losses to continue at Fannie and Freddie: regulator (Reuters)

Tuesday, May 25, 2010

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Reuters - U.S. mortgage finance enterprises Fannie Mae and Freddie Mac , seized by the government during the financial crisis, will continue to sustain losses on mortgages as house prices drop, their regulator said in testimony made public on Tuesday.

Losses to continue at Fannie and Freddie: regulator (Reuters)

Tuesday, May 25, 2010

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Reuters - U.S. mortgage finance enterprises Fannie Mae and Freddie Mac , seized by the government during the financial crisis, will continue to sustain losses on mortgages as house prices drop, their regulator said in testimony made public on Tuesday.

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