Date: January 14th, 2005

GSE guarantee fees: fair or foul?

14 January, 2005 (15:39) | GSEs |

In an article helpfully titled, Hidden Fees in Most Mortgages Bring Scrutiny to Fannie, Freddie, the Wall Street Journal (subscription required) highlights what it calls, with characteristic understatement: 
a new battleground in the regulatory scramble to rein in the two mortgage giants after financial-reporting scandals ousted top officials at both companies 
The Journal sees in this a [...]

Feel the bulls-eye painted on your chest yet?

14 January, 2005 (08:55) | Government, Housing, US News |

 
Yesterday I suggested that the President’s FY 06 budget might be very painful for housing.  Today that’s no longer in doubt: 
The White House will seek to drastically shrink the Department of Housing and Urban Development’s $8 billion community branch, purging dozens of economic development projects, scrapping a rural housing program and folding high-profile anti-poverty efforts [...]