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Real Estate & Property Law

: Housing Wire

Treasury Pledges Greater Support for Fannie, Freddie

By DIANA GOLOBAY

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As HousingWire reported over the holiday weekend, the US Treasury Department updated its status on initiatives under the Housing and Economic Recovery Act. Treasury said in the announcement it would not only wind down several programs at year-end, but also amend terms of the Preferred Stock Purchase Agreements (PSPAs) for mortgage giants Fannie Mae (FNM: 1.23 [...]

Full post as published by Housing Wire on December 28, 2009 (boomark / email).

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