Finance & Mortgage

Fannie and Freddie Having Difficulties with New Regulations

Lenders Fannie Mae and Freddie Mac are having a hard time parting ways with the government. Financial support from the government has helped Fannie Mae and Freddie Mac, get back on their feet from the financial breakdown in 2008.

Fed's to Continue Buying Mortgage Bonds

Fed's to keep buying mortgage bonds until the job market showed substantial improvement. The latest stimulus program for the purchase of mortgage bonds by the Federal Reserve, which will help the housing market gain a speedy recovery, was discussed during a meeting on Thursday.

57,000 Foreclosures in August, Positive Sign for Housing Market

New reports released on Thursday indicate signs of the housing market recovering tremendously. New reports released on Thursday, indicate signs of the housing market recovering tremendously.