Mortgage activity in the thrift industry followed the same pattern as the overall market during the third quarter: slowing originations and a further decline in loans retained for investment. Lenders regulated by the Office of Thrift Supervision originated $47.10 billion of home loans during the third quarter, down 24.4 percent from the previous three-month period... [Includes two charts]
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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