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Why this time isn't different
In your article "Big banks vow no repeat of '08" (Aug. 11), bank CEOs insist they have fundamental strengths so that a repeat of the 2008 financial crisis is not about to happen. Their overwhelming message in the article: This time is different. Didn't...Tags: Freddie Mac, Finance, Elections, Financial Markets
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Obama needs to do more to keep the jobless in their homes
Four years into the financial crisis, foreclosure numbers remain daunting, with nearly 80,000 U.S. households receiving default notices for the first time in August.
But help might be at hand, now that the Obama administration is requiring mortgage...Tags: Unemployment, Labor Markets, Mortgages, Employment Opportunities, Employment
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Report: Agency failed to stop foreclosure abuses
The federal agency overseeing Fannie Mae and Freddie Mac failed to stop abuses by the mortgage giants' network of foreclosure attorneys for years before problems surfaced in news accounts, according to a report released Tuesday. The inspector general for...Tags: Mortgages, Lawyers, Business Enterprises, Elijah E. Cummings, Financial and Business Services
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Laura Elizabeth McGrath
Baltimore Sun reporterLaura Elizabeth McGrath, a Columbia-based affordable housing advocate, died of colon cancer Sept. 22 at her Hyattsville home. The former Northeast Baltimore resident was 46. Born in Baltimore and raised in Gardenville on LaSalle Avenue, she was a 1982...Tags: Colleges and Universities, BBC, College Park (Prince George's, Maryland), Anthropology, Denise Richards
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Obama's 'shared sacrifice': another way of saying 'soak the rich'
Your editorial lauding President Obama's call for a balanced approach to spending and taxes rings hollow indeed ("Shared sacrifice," Sept. 20). The president's supporters and apologists have little left to cling to other than abstract phrases and...Tags: Freddie Mac, U.S. Postal Service, Barack Obama, Elections, Republican Party
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Stop the latest backdoor stimulus
In 2009, President Barack Obama lifted the $400 billion cap off the bailout money that Freddie Mac and Fannie Mae could pass on to the taxpayers. Apparently, $400 billion wasn't enough. Fannie and Freddie are publicly owned. You and I own them and all the...Tags: Freddie Mac, Mergers, Acquisitions and Takeovers, Barack Obama, Homes, Berkshire Hathaway Inc.
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'Occupy' crowd doesn't have a monopoly on grievances
We all have legitimate grievances. Occupy Wall Street protesters do not deserve special government status that allows them to continuously occupy a public space in order to express them. Here is a list of my grievances: What are yours? 1. A lack of...Tags: Transportation, Public Schools, Schools, Occupy Wall Street, Exxon Mobil Corporation
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Home prices fell 6% in Baltimore area in October
Nerve-wracking economic conditions and more stringent mortgage requirements helped push home sales in the Baltimore region to their lowest level for the month of October in at least 13 years, putting more downward pressure on prices. The average sale...Tags: Prince George's County, Consumer Confidence, Mortgages, Real Estate Sales, Annapolis
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Memo to Schaller: Conservatives are not anarchists
Thomas F. Schaller makes the usual liberal mischaracterization of conservatives by asking in his op-ed column, "Why do conservatives hate government so much?" ("How government is like insurance," June 29). Of course, this is completely inaccurate since...Tags: Freddie Mac, Mortgages, General Electric Company, Vehicles
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If government pays too much for housing, how can it be trusted to run health care?
Have I got this right? The government, i.e. the taxpayer, is coughing up millions of dollars of borrowed money, paying over 40 percent more to rehab houses, and renting them for less than $500 a month, including utilities ("Is this house worth 475K?" June...Tags: Medical Services, Rentals
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An up-and-down year for Baltimore's housing market
Gauging the trajectory of the real estate market in the Baltimore region has become a hyper-local exercise — it depends on precisely where you live.
While a handful of communities roared back so much last year that the number of home sales actually...Tags: Pigtown, Real Estate Sales, Financial and Business Services, Fells Point, Freddie Mac
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Fannie and Freddie are crucial to the rental market, too
Fannie Mae and Freddie Mac have been the underpinnings of American homeownership for decades, but now, thanks to their role in the collapse of the housing market, they are being targeted for massive reform or elimination. But as leaders in Congress and...Tags: Condos and Houses, Vehicles, Local Government, Rentals, Freddie Mac
Aug 18, 2011
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Oct 3, 2011
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Oct 4, 2011
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Oct 7, 2011
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Sep 22, 2011
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Oct 25, 2011
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Nov 2, 2011
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Nov 10, 2011
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Jun 30, 2011
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Jun 21, 2011
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Feb 18, 2011
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May 2, 2011
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Original site for Fannie Mae topic gallery.
