Topic: Fannie Mae
Mortgage investors try to regroup after meltdown
AP News
Investors in mortgage securities try to restart industry after mortgage crisis, recessionThe financial wizards who concocted the complicated mortgage-linked investments that nearly brought down the world economy are trying to come back from the dead. Thousands of them trooped to a conference center eight miles south of the nation's ...
Fed's Warsh says restoring market discipline key
Reuters US Online Report Business News
NEW YORK (Reuters) - Federal Reserve Governor Kevin Warsh said on Wednesday that regulatory improvements alone would not prevent future financial crises and the government must be willing to let firms fail. "Regulation is too important to be left to regulators alone. We need a system in which insolvent firms fail ...
HUD asking for $41.6B for 2011 budget
AP News
HUD's 2011 budget amounts to 5 percent cut in funding due to expected spike in FHA revenueThe Department of Housing and Urban Development said Monday it will ask for less money from Uncle Sam this year because it expects income from two of its agencies to more than double ...
Watchdog: Bailouts created more risk in system
AP News
Bailout watchdog: Response to financial crisis response leaves US with even more riskThe government's response to the financial meltdown has made it more likely the United States will face a deeper crisis in the future, an independent watchdog at the Treasury Department warned. The problems that led to the ...
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