2 Articles match "2009","March","New York"
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$75 Billion Carrot, but Few Nibbles
$75 Billion Carrot, but Few Nibbles The New York Times In March, the Obama administration began an antiforeclosure effort that offers lenders up to $75 billion in incentives to modify troubled mortgages. If that sounds like a lot of money, it is. But...( read more
Foreclosure Pulse
- Monday, August 10, 2009
Long-Term Solution for Fannie and Freddie Dilemma
The huge problems at Fannie Mae and Freddie Mac were supposed to be resolved with new management and revamped accounting, but no resolution could revolve a basic issue: Private mortgage buyers are always at a disadvantage when competing against Fannie Mae and Freddie Mac. Back then I said "the time has come for Fannie Mae and Freddie Mac to end their quasi-government status and join the rest of the risk-taking and tax-paying mortgage buyers who populate the private sector. "However, the march to privatization should not be instant or foolish. Long-Term Solution for Fannie and Freddie Dilemma By Peter G.
www.realtytrac.com
- Tuesday, February 3, 2009
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The Best from RealtyTrac
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MORE
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$75 Billion Carrot, but Few Nibbles
$75 Billion Carrot, but Few Nibbles The New York Times In March, the Obama administration began an antiforeclosure effort that offers lenders up to $75 billion in incentives to modify troubled mortgages. If that sounds like a lot of money, it is. But...( read more
Foreclosure Pulse
- Monday, August 10, 2009
-
Long-Term Solution for Fannie and Freddie Dilemma
The huge problems at Fannie Mae and Freddie Mac were supposed to be resolved with new management and revamped accounting, but no resolution could revolve a basic issue: Private mortgage buyers are always at a disadvantage when competing against Fannie Mae and Freddie Mac. Back then I said "the time has come for Fannie Mae and Freddie Mac to end their quasi-government status and join the rest of the risk-taking and tax-paying mortgage buyers who populate the private sector. "However, the march to privatization should not be instant or foolish. Long-Term Solution for Fannie and Freddie Dilemma By Peter G.
www.realtytrac.com
- Tuesday, February 3, 2009