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Federal refi program for underwater homeowners hits its stride
The Obama administration's Home Affordable Refinance Program is at last helping legions of American homeowners with upside-down mortgages. Nearly 1.1 million homeowners with little or no equity were able to refinance last year under HARP, which...
Tags: Housing and Urban Planning, Money and Monetary Policy, Interior Policy, Finance, Mortgages
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Lifestyle is keeping budget goal out of reach
Dear Liz: My husband and I are recovering from a job loss four years ago. We used up all our savings and home equity. My husband is now employed, but we are struggling to keep ahead even with a salary of about $100,000. I was a stay-at-home mom for the...Tags: U.S. Department of Housing and Urban Development, Freddie Mac, Budgets and Budgeting, Pension and Welfare, Politics
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U.S. government may not hit debt limit until October -analysts
ReutersBy Rachelle Younglai WASHINGTON, April 26 (Reuters) - The United States might not hit the statutory limit on its debt until October, a policy research group said on Friday, giving Republican lawmakers more time to extract spending cuts from the Obama...Tags: Government Debt, Career and Workplace, Freddie Mac, U.S. Congress, Labor Legislation
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Fed balance sheet grows to record again in latest week
ReutersNEW YORK (Reuters) - The U.S. Federal Reserve's balance sheet hit a new record in the latest week on increased holdings of U.S. government debt and mortgage-backed securities, Fed data released on Thursday showed. The Fed's balance sheet - a broad...Tags: Government Debt, Mortgages, Freddie Mac, National Government, Government
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LETTER: Public Employee Bonuses Suspect
Regarding "Hartford City Council Votes To End Bonus Program" [April 23, CTNow]: No public employee should receive a bonus for doing the job expected of thim or her. Yes, I know the reason they are awarded is always for "exemplary" service, but has anybody...Tags: Freddie Mac, Civil and Public Service, Public Employees, Government, Politics
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U.S. seizes on ruling to boost Wells Fargo mortgage fraud case
Reuters* Department of Justice alerts judge to favorable ruling * Ruling endorses key weapon in mortgage fraud cases * U.S. using FIRREA in pending cases against BofA, Wells Fargo By Bernard Vaughan NEW YORK, April 25 (Reuters) - The U.S. Justice...Tags: Lawyers, Judges, Banking, U.S. Department of Justice, Wells Fargo & Co.
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Treasury chief warns of new world if U.S. defaults on any bills
ReutersBy Anna Yukhananov WASHINGTON, April 25 (Reuters) - The United States might run into trouble accessing debt markets if it defaulted on any of its financial obligations, even if it were able to keep up payments on government bonds, Treasury Secretary Jack...Tags: U.S. Congress, Freddie Mac, Government, Washington, DC, National Government
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Foreign central banks' U.S. debt holdings rise: Fed
ReutersNEW YORK (Reuters) - Foreign central banks' overall holdings of U.S. marketable securities at the Federal Reserve rose in the latest week, data from the U.S. central bank showed on Thursday. The Fed said its holdings of U.S. securities kept for...Tags: Freddie Mac, Central Bank, Federal Reserve
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Jefe del Tesoro advierte de nuevo mundo si EEUU incumple obligaciones
ReutersPor Anna Yukhananov WASHINGTON, 25 abr (Reuters) - Estados Unidos podría enfrentar problemas para acceder a los mercados de deuda si no cumple con cualquiera de sus obligaciones financieras, incluso si es que puede continuar pagando los bonos del...Tags: Freddie Mac, Washington, DC, Barack Obama
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Fannie Mae sells $500 mln bills at lower rates
ReutersApril 24 (Reuters) - Fannie Mae, the largest U.S. home funding source, said on Wednesday it sold $500 million of benchmark bills at lower interest rates compared with last week's sale of similar maturities. Fannie Mae said it sold $250 million of three-... -
WRAPUP 2-Factory data a new sign of slowing U.S. economic growth
Reuters* Factory activity slowest in six months in April * New orders weakest in six months on soft domestic demand * Central Atlantic region manufacturing contracts in April * New single-family home sales rise 1.5 percent in March By Lucia Mutikani...Tags: Wells Fargo & Co., Freddie Mac, Real Estate, Productivity, Washington, DC
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Foreclosure-relief funds earmarked for California mostly unspent
A federal foreclosure-prevention effort that earmarked nearly $2 billion in taxpayer money to help troubled California homeowners has delivered only about one-sixth of that money in three years. But officials from the Keep Your Home California program...
Tags: Foreclosures, Banking, Federal Bailout Funds, Finance, Mortgages
Apr 26, 2013
|Story| Los Angeles Times
Apr 26, 2013
|Column| Los Angeles Times
Apr 26, 2013
|Story| Reuters
Apr 26, 2013
|Story| Reuters
Apr 25, 2013
|Story| Hartford Courant
Apr 25, 2013
|Story| Reuters
Apr 25, 2013
|Story| Reuters
Apr 25, 2013
|Story| Reuters
Apr 25, 2013
|Story| Reuters
Apr 24, 2013
|Story| Reuters
Apr 23, 2013
|Story| Reuters
Apr 22, 2013
|Story| Los Angeles Times
Original site for Fannie Mae topic gallery.