“FANNIE MAE EASES CREDIT TO AID MORTGAGE LENDING
By STEVEN A. HOLMES
Published: September 30, 1999
In a move that could help increase home ownership rates among minorities and low-income consumers, the Fannie Mae Corporation is easing the credit requirements on loans that it will purchase from banks and other lenders.
The action, which will begin as a pilot [...]
Posts Tagged ‘financial crisis’
Blast from the Past: NY Times article from 9-30-1999 about Fannie Mae
Posted in politics, tagged Fannie Mae, financial crisis, mortgage bailout, politics on September 26, 2008 | 1 Comment »
“…and they’re talking a Great Depression”
Posted in Happiness, politics, tagged Couric, financial crisis, Great Depression, mortgage bailout, Palin on September 26, 2008 | 1 Comment »
To see Sarah Palin discussing the financial crisis “bailout” with Katie Couric: Click here
Sorry, our current financial crisis has me hearing song lyrics in my head (“Trouble in the Fields” by Nanci Griffith). As painful as it is to imagine, won’t we be better off 20 years from now if we let the market correct [...]
Nationalizing Our Financial System
Posted in politics, tagged financial crisis, mortgage bailout, politics on September 22, 2008 | 2 Comments »
I woke at 3:30 am today because I remembered my credit card payment was due. You know, the credit card I lived off of while having my house built this past year? So I got up, dutifully paid more than the minimum amount due and then found myself perusing the many hard-hitting articles about the Fed bail-out. There was [...]
