Markets & Economy

Follow the mortgage money: Why 2014 should be a good year for housing

Look for Fannie and Freddie's new regulator to push for looser underwriting, down payment requirements
Published on Dec 17, 2013

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by CareyBot

Fannie and Freddie are generating surpluses, and appear set to keep minting money by the billions for the federal Treasury. In an era of ballooning budget deficits, who’s going to stop that? Certainly not the new head honcho for oversight of Fannie and Freddie, Mel Watt, who is replacing Ed DeMarco. ...