Posts Tagged “Financial Services Committee”

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The White House and Con gress claim they’ve fixed the subprime problem — but they’ve barely put a Band-Aid on it. Rep. Barney Frank, the House Financial Services Committee chairman, was one of the top culprits for years pushing government-sponsored mortgage lenders Fannie Mae and Freddie Mac to…

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Mother Jones

House lawmaker calls for probe of Fannie Mae allegationsReutersWASHINGTON Aug 6 (Reuters) - The top Republican on the House Financial Services Committee called on Friday for an investigation into charges that mortgage …Lawmaker wants hearing into Fannie allegations The Associated PressUntruth in Lending: Why Ex-Fannie Mae Exec Caroline Herron Got Fired for Doing … BNET (blog)Fired Fannie Contractor Alleges She Was Blackballed Wall Street Journal Examiner.comall 117 news articles »

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Mortgage Rates & Trends (blog)

What Is A FHA Reverse Mortgage?LoanSafeHowever, the term they use for this type of loan is “home equity conversion mortgage (HECM).” A home equity conversion mortgage is a loan that offers …PART 1: Mortgage Pros React to “Ways to Fix the Mortgage Mess” HSH Financial Publishers (blog)House Financial Services Committee Approves FHA Reform Act MortgageorbMortgage Financing - Considering the Options Available to Homebuyers Stock Markets Review Review Messengerall 20 news articles »

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webmaster@technorati.com wrote an interesting post today on
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Dec. 8 (Bloomberg) — The mortgage “cram-down” bill that stalled in Congress earlier this year will be attached to broader legislation and voted on this week, House Financial Services Committee Chairman Barney Frank said.

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As Congress intensified its work rewriting the nation’s financial rule book over the last three months, some big recipients of the government’s $700 billion bailout spent a bit less trying to influence legislators, The Associated Press reported.The throng of lobbyists pushing for financial industry interests has thickened in recent weeks in and around the hearing room of the House Financial Services Committee. The panel last week voted to regulate for the first time globally traded derivatives,

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