Category Archives: Freddie Mac

The US rating downgrade versus the US housing market

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Image via Wikipedia Is there any relationship between the S&P downgrade of US debt and the potential for a recovery in the US housing market? After the S&P downgrade of the United States from AAA to AA+, the rating agency downgraded the ratings for Fannie Mae, the Federal Home Loan banks and Freddie Mac as […]

More attorney fallout from the foreclosure crisis

Freddie Mac is dropping one of the law firms in Florida that is under investigation for the handling of home repossessions. The Marshall C. Watson Law firm Will the removal of files from law firms around the country become more of the rule than the exception as improprieties continue to be exposed? This from the […]

The President is proposing a reduction in the mortgage interest deduction

While the title of the the article rhymes, the proposal is far from entertaining On page 1 of the Fiscal Year 2012 Budget of the U.S. Government you can begin to read The Budget Message of the President. In the preamble he discusses the recession and the fact that due to fiscal realities we face […]