HR 2413 – “Safe and Sound”: The Bill to Reform Fannie and Freddie?
We'll see. H.R. 2413, supported by the NAR, is billed as: To establish a sustainable Federal Secondary Market Facility for Residential Mortgages that is financed by private capital, to terminate the conservatorships of Fannie Mae and Freddie Mac and repeal the charter Acts of such…
If We’re Paying for the Mortgages, Shouldn’t the Data be FOIA-able?
Just a thought in light of Calculated Risk's posing a similar question: If most of the mortgages being written now are implicitly guaranteed by our fiscally-absurd government, shouldn't the citizens have access to that data? * From the above-sourced article: (bolding mine) Members of Congress,…
Apparently the Tax Credit Closing Extension is Dead. For Now
From OpenCongress: Despite shaving another $22 billion off the price tag of H.R. 4213, the unemployment insurance, jobs and tax extenders bill, the Democrats this afternoon failed for the third time in three weeks to defeat a Republican filibuster. As a result, Majority Leader Sen.…