Obama Mortgage Plan latest news


Treasury to discuss plan for mortgage giants

WASHINGTON - The Obama administration, which has been under fire for not developing a concrete plan for mortgage giants Fannie Mae and Freddie Mac, says it will hold a conference next month to discuss their future.The administration said Tuesday the event ...
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Congress to try to recoup Fannie, Freddie costs

Lawmakers plan to study ways to get back some of the $145 billion the government has pumped into giant mortgage buyers Fannie Mae and Freddie Mac.
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Obama Admin. To Discuss Future Of Fannie & Freddie

The Obama administration, which has been under fire for not developing a concrete plan for mortgage giants Fannie Mae and Freddie Mac, says it will hold a conference in next month to discuss their future.
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Obama Debt Commission Co-Chairman Wants Focus on Spending Cuts

A co-chairman of President Barack Obamas debt commission said as much as three-quarters of the panels proposed savings ought to come through cuts to government spending rather than tax increases.
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Republicans block small business plan in Senate

WASHINGTON (Reuters) - U.S. Senate Republicans blocked a $30-billion plan to help community banks boost lending to small businesses, dealing a blow to President Barack Obama's election-year battle to reduce unemployment.
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Fifth Third Mortgage Company Refinances $4 Billion in Loans

CINCINNATI , July 29 /PRNewswire-FirstCall/ -- Fifth Third Mortgage Company, a subsidiary of Fifth Third Bank and the 16th largest mortgage originator in the country ( Inside Mortgage Finance , April 30, 2010 ) has been hard at work to help those looking to refinance their homes do so. Since the Freddie Mac Relief Refinance(SM) Mortgage Program began in April 2009 , Fifth Third Mortgage Company ...
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Jerry Chautin: Uniquely Crafted Business Plans Are Needed to Raise Capital

Now is the time to think about dusting off your old business plan as the economy improves. A business plan is required to obtain a loan or venture capital. It is uniquely designed as a sales tool to get financing.
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Fannie, Freddie fate is subject of conference

The Obama administration, under fire for not developing a concrete plan for mortgage giants Fannie Mae and Freddie Mac, said it will hold a conference Aug. 17 to discuss the future of the organizations.
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US vows reform plan for Fannie Mae, Freddie Mac

The US Treasury on Tuesday promised a plan to reform troubled state-backed mortgage firms Fannie Mae and Freddie Mac by January, firing the starting gun on what is likely to be a rancorous debate.
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Fed tells Congress 'Don't end stimulus'

Fed Chairman Ben Bernanke told Congress that the fragile economy needs government stimulus spending
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