The Federal Bureau of Investigation last week announced the arrest of over 400 individuals in a nationwide sweep aimed at mortgage fraud. But some observers question whether the government’s efforts are putting much of a dent in a massive problem that’s becoming more visible in the slumping housing market. The dragnet, coined “Operation...
The creation of a U.S. sovereign wealth fund could grease the skids for an end to the conservatorships of Fannie Mae and Freddie Mac.
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