The Congressional Oversight Panel expressed concern over whether FHA programs like and the forthcoming “short refi” initiative will make any progress in helping the housing recovery in a report released this week. The Obama administration in March announced a number of changes to its foreclosure mitigation efforts, including an FHA refinance option, which offers HAMP incentive payments to encourage...
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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