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Joseph Lawler The Washington Examiner 12/14/2014 The government’s top housing finance regulator set up a fight with House Republicans for early next year as he raised the political stakes surrounding mortgage buyers Fannie Mae and Freddie Mac. Federal Housing Finance Agency Director Mel Watt pleased affordable-housing advocates last week by directing the bailed-out mortgage businesses […] December 14th, 2014 | Tags: affordable housing, bailouts, block grants, Capital Magnet Fund, housing crisis, Housing Trust Fund, Mel Watt | Category: Banking and finance, Congress, Fannie Mae, federal funding, Freddie Mac, States | Comments are closed
Government conservatorship of mortgage giants likely to continue, even as lawmakers call for change Daniel Wiser The Washington Free Beacon 11/19/2014 Federal Housing Finance Agency (FHFA) Director Mel Watt said on Wednesday that he did not see the government relinquishing control of housing giants Fannie Mae and Freddie Mac anytime soon, even as the Democratic […] November 19th, 2014 | Tags: government-sponsored enterprises (GSEs), Mel Watt, mortgages, Sen. Elizabeth Warren | Category: Congress, Fannie Mae, Freddie Mac, Taxes, Treasury Department | Comments are closed
Editorials Investors.com 10/20/2014 Subprime Redux: Mel Watt’s easy credit crusade is now off and running. Fannie Mae and Freddie Mac’s chief regulator has officially lowered lending standards for the entire mortgage industry. Here we go again. In January, we warned that Watt’s swearing-in as head of the Federal Housing Finance Agency would mark the start […] October 21st, 2014 | Tags: Center for Responsible Lending, consumer credit, Federal Housing Finance Agency, Mel Watt, mortgages | Category: Banking and finance, Fannie Mae, Federal Housing Administration, Freddie Mac | Comments are closed
Joseph Lawler The Washington Examiner 5/17/2014 Despite being a new officeholder of a relatively obscure federal agency, Mel Watt drew a strong reaction for his speech Tuesday by signaling that the federal government will increase its role in helping more Americans buy houses. For now, credit standards for home loans remain tight. But Watt’s speech […] May 17th, 2014 | Tags: bailouts, Consumer Financial Protection Bureau (CFPB), Mel Watt, mortgages | Category: Banking and finance, Fannie Mae, Freddie Mac | Comments are closed
Editorials Investors.com 4/25/2014 Subprime Scandal: Newly released memos from the Clinton presidential library reveal evidence the government had a big hand in the housing crisis. The worst actors were in the White House, not on Wall Street. During the 1990s, former Clinton aides bragged that more aggressive enforcement of the Community Reinvestment Act pressured banks […] April 27th, 2014 | Tags: Andrew Cuomo, Blacks, Community Reinvestment Act, Glass-Steagall Act, Hispanics, housing bubble, President Bill Clinton, Robert Rubin, subprime banking crisis | Category: ACORN, banking regulations, Fannie Mae, federal regulations, Freddie Mac, Housing and Urban Development, Media accountability, Treasury Department | Comments are closed
Glenn Beck 3/18/2014 Back in September of 2013, For The Record looked at the possibility that countries hostile to the U.S., like China and Russia, may have artificially driven up the price of oil and intentionally crashed the stocks of some financial institutions, escalating chaos prior to the 2008 economic crisis. Yesterday, a BBC report […] March 18th, 2014 | Tags: economic warfare, Jay Carney, oil prices, stocks, Treasury Secretary Henry Paulson, Vladimir Putin | Category: Banking and finance, China, Economy, Fannie Mae, Freddie Mac, Glenn Beck, Russia, terrorism, Treasury Department | Comments are closed
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