Treasury Department

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Most Americans Aren’t Expecting a Quick Housing Recovery

RealtyTrac/Trulia survey finds that more than half of those polled last month don’t anticipate any major improvement until 2014 or later. Read more

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Housing Policy Discussion Finds Little Common Ground

Lenders, affordable housing experts, financiers, and others focus on vastly different priorities and factors during Treasury housing summit panel. Read more

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Experts Debate Government’s Future Role in Housing Finance

Treasury Secretary Geithner calls for a new paradigm for mortgage guarantees. Read more

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New Campaign Promotes Assistance For Distressed Homeowners

Videos and other ad materials highlight homeowners who kept their houses through the Treasury Department’s Making Home Affordable Program. Read more

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Treasury Secretary Henry Paulson Outlines Options for GSEs Fannie Mae and Freddie Mac

Treasury secretary suggests public utility model may be best structure for Fannie and Freddie in future. Read more

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Builders Pulled Back on Start Activity in August

The dip in new-home starts, according to government estimates, is the lowest for any month in 17 years. Read more

U.S. Government will take over Fannie Mae and Freddie Mac
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U.S. Government will take over Fannie Mae and Freddie Mac

Both mortgage finance companies to be placed in a conservatorship under the... Read more

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Freddie Mac Posts $821 Million Loss

Results represent Freddie's fourth straight quarterly loss. Read more

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NAHB Says Federal Decision Makers are Tackling Tough Housing Issues. NAHB Says Federal Decision Makers are Tackling Tough Housing Issues.

Everybody knows that Congress tends todrag its feet when making decisions on the major issues of the day. But as we saw by the tail end of last year, that definitely was not the case when it came time to consider what to do to stop the nation’s deepening mortgage credit crunch and build a new foundation to support homeownership opportunities in the aftermath of the subprime meltdown. In the autumn and winter of 2007, with housing in trouble, Washington didn’t resemble the usual political morass. And the surge in bipartisan activity centered around housing wasn’t limited to Capitol Hill. The White House and such key players as the Federal Reserve Board, the Treasury Department, and HUD all sprang to life, tackling hard issues with a tenacity and resourcefulness not always seen in our government. Read more

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Treasury Secretary Calls for Aggressive Action

WASHINGTON, D.C. - Treasury Secretary Henry M. Paulson Jr. labeled the housing sector as the economy's top threat Tuesday morning, stating that "the longer housing prices remain stagnant or fall, the greater the penalty to our future economic growth." Paulson's remarks came during a speech at the Georgetown Law Center. "The biggest risk is housing," Paulson said. "We're [the government] focused on it because it is the biggest risk." Read more

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