Posted About Seven Years Ago
ECONOMIC NEWS
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USA Today
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Americans making big compromises to buy homes
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Limited housing supplies are forcing prospective homeowners to make significant compromises, such as devoting less money to saving for emergencies and retirement, a new survey says.
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The Wall Street Journal
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January jobs report
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The U.S. economy posted solid job growth as it kicked off the new year, but wage growth was weaker than expected. Here are some key numbers from the January jobs report released Friday by the Labor Department.
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HOUSING FINANCE
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Bloomberg
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Fannie Mae-Freddie Mac should be utilities, trade group says
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A powerful housing trade group is wasting no time in pushing the Trump administration and Republican-led Congress to address one of the last unresolved issues from the financial crisis, outlining a proposal Tuesday to overhaul mortgage-finance giants Fannie Mae and Freddie Mac.
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Forbes
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With a stroke of the pen, Donald Trump will wave goodbye to the Dodd Frank Act
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Days ago, President Donald Trump vowed to do a "big number on Dodd Frank," the sweeping banking legislation put in place by the administration of President Barack Obama in response to the 2008 financial crisis. Trump called Dodd Frank "a disaster" that has impeded growth by making it harder for banks to lend to consumers and small businesses. Still in his second week in office, Trump is making good on his statement.
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The New York Times
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Court orders Justice Dept. to release Fannie Mae and Freddie Mac documents
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Casting a ray of sunlight on a case that has been shrouded in secrecy, a federal appeals court ruled on Monday that the government must produce a raft of documents to plaintiffs suing over its decision to seize all the profits of Fannie Mae and Freddie Mac, the mortgage finance giants that were put into conservatorship in September 2008, at the depths of the financial crisis.
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The Wall Street Journal
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Draft of executive order looks to re-examine visa programs
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The White House and lawmakers in Congress appear poised to take on another contentious slice of immigration policy: the visa programs favored by technology and other companies. (Subscription may be required.)
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