Fannie Mae and Freddie Mac are examples of public policy mixed with financial services that are best left in the private sector. Government-owned or sponsored (with implicit guarantees) entities that have both financial and social-policy missions generally turn out poorly for taxpayers and shareholders.
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These bodies, whether they are totally new entities, a recast Fannie Mae and Freddie Mac or some hybrid of both that comes out of the housing finance reform process, will be appropriately capitalized, have ample access to the capital markets and be regulated by the government, said a report from
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Twitter Inc. said the Honest Ads Act, which would require broader disclosures in online political advertising, “provides an appropriate framework” for ensuring transparency in digital ads, and the company will work with legislators to “refine and advance” the proposal. In a tweet on its public policy feed on
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The various investigations into President Donald Trump and his associates are accelerating again, as are the fears that Trump will try to put an end to the investigation. It's true a lot of liberals have predicted he would fire special counsel Robert Mueller a dozen or so times, and it still hasn't happened.
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“Wheel of Fortune” host Pat Sajak and hostess Vanna White watched a contestant flub a chance at a $7,100 prize when he mispronounced the puzzle solution … A âWheel of Fortuneâ contestant named Jonny lost a shot at $7,100 and a trip to Spain because he mispronounced a word, WGN reported.
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The contestant, Jonny, was riding high when he solved the puzzle, with the board reading: “Flamenco Dance Lessons.” However, when it came time to reveal his answer to host Pat Sajak, Jonny mispronounced “flamenco” and instead said “flamingo,” which is not a style of dance and is, in fact, a bright
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The United Arab Emirates' cabinet approved a bill guaranteeing equal pay for men and women as the Gulf nation strives to bring more females into its workforce. âWe don't want any exceptions to equal opportunities between the sexes,â U.A.E. Prime Minister and Dubai ruler Sheikh Mohammed bin
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The return of private money from fund managers and foreign direct investors into European markets has pushed the currency to a three-year high against the dollar and spread broader optimism about the region's economic recovery. Analysts at Citi said that as the ECB begins to cut bond purchases and
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Puerto Rico to Get $18.5 Billion to Rebuild Shattered Housing Market … the U.S. Department of Housing and Urban Development to help rebuild its battered housing stock and infrastructure after September's Hurricane Maria, the … Most built their homes informally, and do not own title to their properties.
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The Dow Jones Industrial Average pushed up 1.6% to 24,351, while the S&P 500 popped 1.3% to 2,647 after the Chinese leader struck a placatory tone on trade in a speech Tuesday at the Boao Forum for Asia. The Chinese president said he would lower tariffs on vehicles, while working to enforce
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Two industry groups representing payday lenders are suing the Consumer Financial Protection Bureau on its authority to implement a rule over the small-dollar lending market. The Community Financial Services Association of America (CFSA) and the Consumer Service Alliance of Texas are seeking to
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FEDERAL NATIONAL MORTGAGE ASSOCIATION (OTCMKTS:FNMA) Sellers Decreased Their Shorts By 0.93% As Of Apr 10, 2018 … Federal National Mortgage Association-Receive News & Ratings Via Email – Enter your email address below to receive a concise daily summary of the latest news and
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Being wrong on TV is never a fun thing, especially when the correct answer is literally staring the contestant right in the face. Such a situation was faced recently by Jonny, a Wheel of Fortune contestant who became instant Internet fodder upon mispronouncing the solution to a puzzle where all of the
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Poor Jonny! A âWheel of Fortuneâ contestant appeared completely confused after he thought he successfully solved a puzzle on Monday night's episode. Contestant Jonny read the completed puzzle âflamingo dance lessons,â instead of the correct pronunciation of âflamenco dance lessons.â.
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The fund's index seeks to employ a rules based approach to offer investors a multi-factor alternative to traditional market cap-weighted real estate funds. âIf you ask for the three most important factors when investing in real estate, you'll probably hear 'location, location, location.' To this we'd add property
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Traditional measures of leverage in the financial system tend to reflect bank balance sheet data, according to a new working paper published under auspices of the International Monetary Fund (IMF). The paper, Leverage, A Broader View, written by Manmohan Singh and Zohair Alam, explores the rise
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Pay off your mortgage as soon as you can, and definitely pay it off before you retire. And don't buy a home if you can't afford to pay it off between five to 10 years. Unfortunately, that's not the norm. Thanks to the commonplace position of the 30-year mortgage, it is more popular despite the lower costs of
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LIVESTOCK and Fisheries Minister Luhaga Mpina has issued a seven-day ultimatum to Triple S Beef Company and Agri Vision to surrender to the government their title deed for land on which the meat factory stands. He said the investors have failed to develop the project for 11 years now since they
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New figures out from real estate information company Chandler Reports, chandlerreports.com, put some context behind those sentiments. Among the trends the Chandler Reports numbers show is a 2 percent increase in purchase mortgage volume in Shelby County to close out the final month of the first
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This year's ByDesign Design and Architectural Festival opens with a stunning documentary, Dream Empire, about the real estate madness in China. The very scale of it will humble your wildest imagination. In comparison, it makes Seattle's construction and property boom look like something that would
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