New loans aimed at first-time homebuyers and owners with a sliver of equity
Policy change applies to 121,000 homes
Fannie, Freddie and FHA to relax lender liability around riskier loans
FHA's 'Blueprint for Access' is not even funded, and it's business as usual at Fannie and Freddie
New head of Fannie, Freddie regulator is first thing Obama adminstration has gotten right on housing
Lenders getting more certainty on when they'll be expected to repurchase bad loans
Democrats see mortgage giants' role to help more marginal homebuyers
The strongest headwind we face is that global competition has capped wages
There's one sure way to make a credit disaster worse: Choke what little remains
Look for Fannie and Freddie's new regulator to push for looser underwriting, down payment requirements