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Keyword: franniemae

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  • Fixing Fannie And Freddie: Will Another Government Agency Help?

    12/15/2013 9:28:36 AM PST · by Kaslin · 2 replies
    Townhall.com ^ | December 15, 2013 | Austin Hill
    Congressional Democrats are reeling from Obamacare, Republicans are caving-in to President Obama’s budgetary demands, and the First Lady is emotionally wounded because of her husband’s flirtatious behavior in South Africa. That’s the sum total of activity in Washington, DC here at year’s end – right? Not quite. Lurking quietly in the halls of the U.S. Senate is, apparently, growing bi-partisan support for legislation that is supposed to “reform” Fannie Mae and Freddie Mac. Yet some fear that the “Corker-Warner bill” – named for Senator John Corker (R-TN) and Senator Mark Warner (R-VA) could threaten the very existence of the 30-year...
  • Barney Frank's Greatest Hits

    09/17/2008 10:28:01 PM PDT · by jessduntno · 5 replies · 196+ views
    NY Times, Boston Herald ^ | Sept. 17, 2008 | Barney Frank
    'These two entities -- Fannie Mae and Freddie Mac -- are not facing any kind of financial crisis,'' said Representative Barney Frank of Massachusetts, the ranking Democrat on the Financial Services Committee. ''The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing.' - NY TimesWednesday, September 17, 2008 ________________________________________ Rep. Frank says markets need more regulation By Robert Schroeder Last update: 1:02 p.m. EDT Sept. 17, 2008Comments: 7 WASHINGTON (MarketWatch) -- Financial markets need more regulation and Congress must consider whether a new entity is needed...