Some recent reports on the real estate market show home prices starting to stabilize in many areas. Other data suggests the housing market has further to fall. But whichever direction the numbers are heading, there are few tene…
The rescue of mortgage giants Fannie Mae and Freddie Mac could cost as much as $363 billion over the next three years — more than double the amount spent so far — the Federal Housing Finance Agency announced Thursday.
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Mortgage finance giants Fannie Mae and Freddie Mac may not even exist in their current forms after a revamp of the U.S. housing finance system, Assistant Treasury Secretary Michael Barr said on Tuesday. Moreover, “private gains…