Congress wants to make sure there will be no delays in implementing the $300 billion borrower-rescue package under the FHA, which will take precedence over other provisions in the recently enacted omnibus housing legislation. Emerging from a recent meeting with the board overseeing the FHA bailout program, Senate Banking Committee Chairman Christopher Dodd, D-CT, said...
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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