James Lockhart: Plans for Fannie Mae and Freddie Mac

                                              Statement by James Lockhart, director of the Office Of Federal Housing Oversight(OFHEO, who will head the Federal Housing Finance Agency (FHFA) being created to oversee mortgage bankers Fannie Mae and Freddie Mac.
Fannie Mae (FNM, Fortune 500) and Freddie Mac (FRE, Fortune 500) share the critical mission of providing stability and liquidity to the housing market. [...]

Housing Bill: Tax credits designed to boost homes market

Anybody who’s been sitting on the sidelines hesitant to jump into real estate until conditions settle down should know these dates: April 9, 2008, through June 30, 2009.
They mark the eligibility time span to qualify for the home purchase tax credit created by the massive housing bill approved by Congress. If you have not owned [...]