Archive for the "Finance" Category

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The U.S. Housing and Economic Recovery Act

On July 30, 2008 United States President George W. Bush signed into law the Housing Stimulus Bill H.R. 3221, now dubbed the “Housing and Economic Recovery Act of 2008”. (…)

Fannie Mae and Freddie Mac Come Back to the Nest

Now that the entities known as Fannie Mae and Freddie Mac have been thrust to the forefront of national media coverage due to their rapid decrease in stock values which has resulted in a multitude of emergency congressional hearings, cabinet sessions, press conferences, and government conservatorship, many Americans have been left confused as to what role these two enterprises have actually played in the mortgage industry. (…)

Addressing Financial Crisis Misconceptions

Now that the entities known as Fannie Mae and Freddie Mac have been thrust to the forefront of national media coverage due to their rapid failures which have resulted in a multitude of emergency congressional hearings, cabinet sessions, press conferences and ultimate government conervatorship, many Americans have been left confused as to what role these two enterprises actually played in causing our nation’s financial crisis. (…)