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TheStar.com | World | Obama sees years of $1 trillion deficits - Toronto Star
WASHINGTON–President-elect Barack Obama yesterday braced Americans for the unprecedented prospect of trillion-dollar deficits for years, a stark assessment he said would force him to impose tighter fiscal discipline on the government. "Potentially ...
Read more...Pay lenders to stem U.S. foreclosures-report - Reuters
WASHINGTON, Jan 7 (Reuters) - The U.S. government should pay mortgage finance companies to rewrite troubled loans and steer homeowners away from default, according to recommendations from legal and finance scholars released on Wednesday. "(Mortgage ...
Read more...Paulson:Next Administration Could Use GSEs To Target Mtge Rates - Wall Street Journal
WASHINGTON (Dow Jones)--Treasury Secretary Henry Paulson on Wednesday suggested that the Obama administration could use Fannie Mae (FNM) and Freddie Mac (FRE) to achieve a national mortgage rate of 4% for some borrowers but warned that it would be ...
Read more...Paulson says changes needed at Fannie, Freddie - International Herald Tribune
WASHINGTON : Treasury Secretary Henry Paulson says allowing mortgage finance companies Fannie Mae and Freddie Mac to return to their old operating ways is not an option. Paulson says Congress and the next administration must decide the proper role ...
Read more...On Native Ground - American Reporter
DUMMERSTON, Vt. -- Those who thought that last week's government bailout of Fannie Mae and Freddie Mac would stabilize the financial markets got a wakeup call this week. Lehman Brothers, the fourth-largest U.S. investment bank, succumbed to the ...
Read more...Henry Paulson Comments on The Role of the GSEs in Supporting the ... - StreetInsider.com
Washington – Good afternoon. Thank you, David and thanks to the Washington Economic Club for this opportunity to provide my thoughts on long-term reform of the housing Government Sponsored Enterprises, the GSEs, Fannie Mae and Freddie Mac. Debate ...
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