NAVIGATION MAIN MENU

COMPENDIUM LIBRARY/TWITTER MONITOR
VIDEO GALLERY
Economic News
Newsbrief Archives
Democrat Leadership Twitter and Realtime Feeds
Cabinet twitter and realtime feeds
North America weblog
International weblog
Democrats twitter directory
Latest Government Jobs and Public Tenders
Jobs Matrix
Global Travel Information
Pop Entertainment Forum
Start Portal


Please make a donation to support upkeep of the daily news journal, back archives, twitter feeds and the compendium library.










Democrats Propose Measure« Thread Started on Oct 12, 2007, 1

Daily newsbrief journal for October 2007, also see http://www.usdemocrats.com/brief for a global 100-page perpetual brief and follow twitter @usdemocrats


Democrats Propose Measure« Thread Started on Oct 12, 2007, 1

Postby admin » Sun Jan 29, 2012 9:40 am

Democrats Propose Measure« Thread Started on Oct 12, 2007, 11:20am » --------------------------------------------------------------------------------Democrats Propose MeasureTo Help Subprime BorrowersBy DAMIAN PALETTAOctober 12, 2007; Page A11read at source> http://online.wsj.com/article/SB1192148 ... WASHINGTON -- Senior Democrats in Congress said they will move to allow Fannie Mae and Freddie Mac to temporarily increase their portfolios to help borrowers with subprime loans refinance into more affordable products.Sen. Charles Schumer, of New York, and Rep. Barney Frank, of Massachusetts, said they will introduce bills in their respective chambers, perhaps as soon as next week, that would allow the housing financiers to expand their loan portfolios by 10% for six months. Such a move could force a confrontation with the Bush administration, which has resisted efforts to allow the government-sponsored enterprises, or GSEs, to grow despite problems in credit markets.
admin
Site Admin
 
Posts: 82092
Joined: Fri Nov 27, 2009 7:00 am

Return to October 2007

Who is online

Users browsing this forum: No registered users and 4 guests

cron