by Jane Richey | Mar 5, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility
MoveOn.org is pressing Obama to replace Ed DeMarco, the man President Bush appointed to oversee Fannie Mae and Freddie Mac, which hold a majority of U.S. homeowners’ mortgages. Liberals complain that DeMarco “refused to allow underwater homeowners to...
by Jane Richey | Mar 5, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility
Housing and Urban Development (HUD) Secretary Shaun Donovan said his agency wants to encourage more principal write-downs to keep people in their homes, even when those loans are backed by Fannie Mae and Freddie Mac. “There is increasing data available, we...