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Obama nominates Rep. Mel Watt to head Housing Finance Agency
WASHINGTON — President Obama nominated Democratic Rep. Mel Watt to be the top regulator for Fannie Mae and Freddie Mac, moving to replace a career bureaucrat who has been sharply criticized by liberals for not doing more to help troubled homeowners....
Tags: Washington, DC, Federal Communications Commission, Bob Corker, Economy, Business and Finance, Politics
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Obama to nominate Democratic Rep. Mel Watt to head housing agency
WASHINGTON -- President Obama will nominate Democratic Rep. Mel Watt to head the federal housing agency that oversees taxpayer-owned Fannie Mae and Freddie Mac, a White House official said Wednesday. Watt, an 11-term congressman from North Carolina,...
Tags: Washington, DC, Bob Corker, Economy, Business and Finance, U.S. Senate, Politics
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Partying on at Stagecoach
INDIO — Just a few hours into the annual three-day country-music jamboree Stagecoach, Nashville veteran Connie Smith introduced what she described as "one of my favorite country-gospel songs." The small but attentive Friday afternoon crowd...
Tags: Arts and Culture, Concerts, Festive Events, Lady Antebellum (music group), Toby Keith
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Mortgage rates continue their retreat
Tribune reporterMortgage rates this week are at or near historic lows, further boosting the pickup in home sales, lender Freddie Mac said Thursday. The 15-year fixed-rate mortgage hit a new low at 2.61 percent. The previous record was 2.63 percent set the week of Nov....Tags: Mortgages, Financial and Business Services, Real Estate Sales
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Federal refi program for underwater homeowners hits its stride
The Obama administration's Home Affordable Refinance Program is at last helping legions of American homeowners with upside-down mortgages. Nearly 1.1 million homeowners with little or no equity were able to refinance last year under HARP, which...
Tags: Money and Monetary Policy, Housing and Urban Planning, Interior Policy, Financial and Business Services, Economy, Business and Finance
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Lifestyle is keeping budget goal out of reach
Dear Liz: My husband and I are recovering from a job loss four years ago. We used up all our savings and home equity. My husband is now employed, but we are struggling to keep ahead even with a salary of about $100,000. I was a stay-at-home mom for the...Tags: Federal Housing Administration, Budgets and Budgeting, Economy, Business and Finance, Politics, Personal Finance
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LETTER: Public Employee Bonuses Suspect
Regarding "Hartford City Council Votes To End Bonus Program" [April 23, CTNow]: No public employee should receive a bonus for doing the job expected of thim or her. Yes, I know the reason they are awarded is always for "exemplary" service, but has anybody...Tags: Civil and Public Service, Fannie Mae, Politics, Public Employees, Government
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15-year mortgages hit new all-time low of 2.61%
Sun SentinelAverage interest rates on 15-year fixed-rate mortgages tumbled to a new record low of 2.61 percent while 30-year loans also dropped for the fourth week in a row, Freddie Mac said Thursday. Average 30-year, fixed-rate loans fell to 3.4 percent this...Tags: Mortgages
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Mortgage rates fall for 4th straight week; 15-year at record low
U.S. mortgage rates fell for a fourth consecutive week and the average rate for a 15-year loan hit a new record low, the latest survey of lenders shows. The average rate on a 30-year fixed-rate mortgage was 3.40%, down from 3.41% last week, according to...
Tags: Federal Housing Administration, Mortgages, Financial and Business Services, Services and Shopping, Real Estate
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Foreclosure-relief funds earmarked for California mostly unspent
A federal foreclosure-prevention effort that earmarked nearly $2 billion in taxpayer money to help troubled California homeowners has delivered only about one-sixth of that money in three years. But officials from the Keep Your Home California program...
Tags: Banking, Financial and Business Services, U.S. Department of the Treasury, Federal Bailout Funds, Mortgages
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Keep Your Home California relief still slow but picking up steam
A federal foreclosure-prevention effort that earmarked nearly $2 billion to help troubled California homeowners has delivered only about one-sixth of those funds during its three years in existence. The pace of assistance is finally accelerating,...Tags: Federal Bailout Funds, U.S. Department of the Treasury, Economy, Business and Finance, Financial and Business Services, Mortgages
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Political kin, and politically dangerous
WASHINGTON -- The regulatory, administrative state, which progressives champion, is generally a servant of the strong, for two reasons. It responds to financially powerful and politically sophisticated factions. And it encourages rent-seekers to exploit...
Tags: Executive Branch, Conservation, Federal Communications Commission, U.S. Consumer Financial Protection Bureau, Environmental Politics
May 2, 2013
|Story| Los Angeles Times
May 1, 2013
|Story| Los Angeles Times
Apr 27, 2013
|Story| Los Angeles Times
Apr 25, 2013
|Story| Chicago Tribune
Apr 26, 2013
|Story| Los Angeles Times
Apr 26, 2013
|Column| Los Angeles Times
Apr 25, 2013
|Story| Hartford Courant
Apr 25, 2013
|Story| South Florida Sun-Sentinel
Apr 25, 2013
|Story| Los Angeles Times
Apr 22, 2013
|Story| Los Angeles Times
Apr 22, 2013
|Story| Los Angeles Times
Apr 19, 2013
|Column| Orlando Sentinel
Original site for Freddie Mac topic gallery.
