I am really trying to believe the newly elected Republican congressmen and senators when they told the American people that they were serious about shrinking the size of the Federal government. I thought they were serious about having a federal...
In it, you’ll meet Dagny Taggart, a woman who runs a continental railroad against the resistance of her incompetent and politically-connected brother. You’ll meet Francisco Domingo Carlos Andres Sebastian D’Anconia, the latest heir to a world-wide...
The Federal Housing Administration (FHA) is a United States government agency created as part of the National Housing Act of 1934. Insured loans made by banks and other private lenders for home building and home buying. The goals of this organization are...
In January of this year we drew our readers’ attention to a whistleblower report in the Wall Street Journal detailing Fannie’s and Freddie’s subprime lending practices since 1993. Apparently, the GSE’s withheld important...
• One of the biggest potential losers in the event of the foreclosure market seizing up is Fannie Mae and Freddie Mac, the two government-sponsored entities which have basically been used as a backdoor bailout for the banks over the last few years,...
According to documents released Tuesday, the loan firm Countrywide gave many sweetheart mortgages to employees of Fannie Mae. Was it in exchange for favors? Sharyl Attkisson reports.