Posts Tagged ‘giants’

US takes over mortgage giants – 08 Sep 08

It’s one of the biggest financial bail outs in the history of the United States and its impact is being felt around the world. The US Federal Government has taken over the mortgage giants Freddie Mac and Fannie Mae. The two acccount for nearly half of all the outstanding mortgages in the US. Together they [...]

Small Homes Are Giants In The Housing Market

Believe it or not, with all the bad news about new housing starts and housing in general, there’s one segment of that market that is doing quite nicely.  According to Time Magazine, many people are rethinking their idea of the ideal home and are looking for smaller digs.  The small home market is thriving. Of [...]

Rep. Jeb Hensarling draws bead on Fannie, Freddie, but what would replace mortage giants?

Rep. Jeb Hensarling draws bead on Fannie, Freddie, but what would replace mortage giants? For years, conservatives inveighed against government-backed mortgage firms Fannie Mae and Freddie Mac . The complaints began with their dominance of the market and ended with a warning that taxpayers would bail them out one day. Read more on Dallas Morning [...]