Financial Markets

Random musings on global financial markets, technology and geopolitics

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1999 : Fannie Mae Eases Credit To Aid Mortgage Lending

September 30th, 2008 · 2 Comments · Markets

A worthwhile lookback . . . .
 

Copyright 2008 The New York Times Company 

September 30, 1999
Fannie Mae Eases Credit To Aid Mortgage Lending
By STEVEN A. HOLMES

In a move that could help increase home ownership rates among minorities and low-income consumers, the Fannie Mae Corporation is easing the credit requirements on loans that it will purchase from banks [...]

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Treasury and Federal Housing Finance Agency Action to Protect Financial Markets and Taxpayers

September 7th, 2008 · No Comments · Markets

As expected, Secretary Hank Paulson’s hosted a press conference at 11:00am Sunday September 7, 2008. Read about it below. I am glad we have a man of Hank Paulson’s calibre and experience leading us through a very, very difficult time in global financial markets.   
The Treasury Department and the Federal Housing Finance Agency, with support [...]

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