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On mortgage rates, Obama wants proposal for how government can keep big role - The Washington Post
Keywords:
Proposals being considered by the Obama administration for overhaul of Fannie Mae and Freddie Mac. One proposal being considered is to keep Fannie and Freddie in a reduced role with safeguards such as an insurance pool of money created by a fee the firms would charge mortgage lenders and banks. The insurance pool would act as a fund to cover losses before the government stepped in. Another safeguard would be to require the firms to hold adequate reserves to cover potential losses. The earlier preferential advantage for Fannie where it ony needed to keep a fraction of the reserves banks had to keep would be eliminated. Under this proposal both firms would shrink their mortgage portfolios over coming years. The White House says it wants to see a winding down of Fannie and Freddie and let private capital be at the heart of a new housing system.
Fannie Mae and Freddie Mac and the housing crisis
07/08/2008
Share prices of both companies drop precipitiously and could leave shareholders with pennies.
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Wall Street Journal 12/24/2013
Takeover of Fannie and Freddie by the government
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The weeks before the takeover and the work of Secretary Paulson and Ben Bernanke.
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Fannie, Freddie Payments Nearly Match Aid
Wall Street Journal 11/08/2013
White House Rejects Fannie-Freddie Recapitalization Plans
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Plan for Mortgage Giants Takes Shape
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Putting the Hit on Fannie, Freddie
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Senators Draft Housing Finance Overhaul
New York Times 03/11/2014
Few Stand to Gain on This Bailout, and Many Lose
New York Times 09/08/2008
The total cost to US taxpayers for Fannie and Freddie.
01/12/2009
The total cost could be $658 billion, according to a Standard and Poor's estimate in late 2010. And prove very costly for taxpayers in the USA. The government put the agencies in conservatorship during the housing crisis of 2008.
Grouped Articles
New York Times 04/13/2013
Freddie's Profit Soars on Housing Rebound
Wall Street Journal 05/08/2013
Fannie Mae to pay $59.4B to Treasury - The Washington Post
Washington Post 05/09/2013
Fannie Chief: Payout Must Not Delay Revamp
Wall Street Journal 05/10/2013
Fannie, Freddie Payments Nearly Match Aid
Wall Street Journal 11/08/2013
White House Rejects Fannie-Freddie Recapitalization Plans
Wall Street Journal 11/23/2013
The need to move government away from housing for a better allocation of resources in the U.S. economy
02/09/2011
Grouped Articles
White House Plans to Revamp Mortgage Market
Wall Street Journal 02/09/2011
Fannie, Freddie Phaseout Proposed
Wall Street Journal 02/11/2011
Obama Can't Fix Housing Without a 30-Year War
Wall Street Journal 02/11/2011
Number of the Week: Government’s Overwhelming Role in Mortgages
Wall Street Journal 02/12/2011
Planning a Better Way Than Fannie and Freddie
New York Times 02/12/2011
Wall Street Journal 02/14/2011
The Obama administration's plan to phase out Fannie Mae and Freddie Mac
02/11/2011
Grouped Articles
Fannie Chief: Payout Must Not Delay Revamp
Wall Street Journal 05/10/2013
The Housing Market Is Still Missing a Backbone
New York Times 08/10/2013
White House Rejects Fannie-Freddie Recapitalization Plans
Wall Street Journal 11/23/2013
Plan for Mortgage Giants Takes Shape
Wall Street Journal 03/12/2014
Putting the Hit on Fannie, Freddie
Wall Street Journal 03/12/2014
Senators Draft Housing Finance Overhaul
New York Times 03/11/2014
Fannie and Freddie in 2010-2011
06/19/2010
The growing US governmet liability for Fannie and Freddie -companies that fueled the housing bubble with their implicit governmet guarantees to investors in housing mortgages. The cost of rescue has reached $146 billion and according to the Congressional Budget Office could have eventual cost of $389 billion.
Grouped Articles
Fannie Mae and Freddie Mac: Unfinished business
Economist 07/24/2010
Cost of Fannie And Freddie Keeps Rising
New York Times 06/19/2010
Fannie, Freddie Elicit Grim Forecast
Wall Street Journal 10/22/2010
What Fannie and Freddie Might Cost the Taxpayers
New York Times 10/21/2010
Wall Street Journal 10/26/2010
New York Times 10/31/2010
Winding down U.S. housing agencies Fannie and Freddie- the bipartisan Senate Banking Committee proposal (1)
08/16/2011
Linked Articles
Plan for Mortgage Giants Takes Shape
Wall Street Journal 03/12/2014
On mortgage rates, Obama wants proposal for how government can keep big role - The Washington Post
Washington Post 08/16/2011
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