- Readers Respond: Mad about MID (Mortgage Interest Deduction)
- Readers Respond: Healthcare reform
- Readers Respond: Forecasts, optimism and reality
- Readers Respond: The Made-in-the-USA trend
- NAHB forecasts 20% growth in starts
- Readers Respond
- Treasury Department takes over Freddie Mac, Fannie Mae
- NAR: home sales to show ‘little movement’
- NAR weighs in on Freddie Mac, Fannie Mae reform
- NAHB, Fannie Mae CEOs discuss foreclosure aid
- Government bailout welcomed by builders
The Obama administration released its housing "white paper," which advocates big changes in the U.S. mortgage markets. One change: wind down the role of Fannie Mae and Freddie Mac.
"After the revelations of the last couple of years, it appears that Fannie and Freddie were nothing more that a giant slush fund for the political party in power. Getting rid of it sound like a good move. But after the smoke clears, I think all will be the same people, same polices, same buildings, same, same, same -- oh, a NEW SIGN, and that will be all that's new."