Six weeks since the Department of Housing and Urban Development launched its HOPE for Homeowners refinance plan, there are still four times as many lenders signed up to offer the program as actual loan applications. HUD lists some 180 FHA lenders eager to do business in a program that attracted just 42 loan applications in its first two weeks. Although some officials say 20,000...
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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