Originations of FHA-insured mortgages declined in early 2011, and February’s total was the lowest in nearly three years. Overall mortgage market lending dropped in the fourth quarter last year, and the industry is in the throes of reforming the system while trying to urge back the private sector. The $15.0 billion in... [Includes one data chart and one graph]
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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