Jacksonville Real Estate Market

Jacksonville, Florida

Lawmakers Contradict on Speeding up Foreclosures

Wednesday morning House Committee on Oversight and Government Reform Ranking Member Elijah Cummings issued a press release detailing a letter he sent to the conservator of Fannie Mae and Freddie Mac, FHFA Acting Director Ed DeMarco.

Federal Housing Finance Agency Under Inspector’s Fire

Given that the conservator of Fannie Mae and Freddie Mac, the Federal Housing Finance Agency (FHFA) has been wielding incredible power of late in deciding how much the two mortgage giants can and cannot charge in guarantee fees and whom they can and ca…

Fannie, Freddie Vs. Big Banks: Housing Gets Hurt

At face value, the lawsuit makes sense; the role of the FHFA is to limit losses to Fannie and Freddie.

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