U.S. Treasury Department

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Proposed Definition of Qualified Residential Mortgage Sets a High Standard

A 20% down payment and no debt delinquency for the last two years would be required to reach the mortgage industry's proposed gold standard. Read more

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Fannie Mae Could Soon Be Looking For a New Chief

Current CEO Herb Allison reportedly is the frontrunner to run Treasury’s bailout efforts. 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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