Housing Market
Panelists talked about the U.S. economy and the housing market.
383 viewsThe House Oversight and Government Reform Committee held a hearing on the financial collapse of Fannie Mae and Freddie Mac, their takeover by the federal government and their role in the fin…
1,892 viewsThe Congressional Black Caucus Foundation held a townhall meeting, “Foreclosure Crisis: Reasons, Repercussions, and Real Solutions.” Representative Barney Frank gave the keynote speech. He t…
663 viewsRegulators and others testified in an oversight hearing of Fannie Mae and Freddie Mac government-sponsored mortgage enterprises. Problems in such enterprises and the improvement of oversight…
1,675 viewsParticipants talked about the presidential appointments, how the process is viewed by corporate leaders and other potential nominees, and the problems of finding willing nominees. Following …
136 viewsWitnesses testified before the committee about accounting irregularities at Fannie Mae. Representatives from the mortgage company asserted that the irregularities are attributable to a good-…
1,139 viewsMr. Raines talked about Fannie Mae mortgage company and financial markets. Topics included government regulations, Fannie Mae’s private status, low rates, portfolio value, overhead costs, an…
47 viewsMr. Raines talked about federal housing policy and programs to provide affordable housing and expand home ownership. He also talked about Fannie Mae’s business practices. Following his remar…
65 viewsAs part of the Opening of the 108th Congress, the Congressional Black Caucus held this swearing in ceremony for Representative Elijah Cummings (D-Maryland) as the new Chairman of the Black C…
166 viewsIn one of eight break-out (concurrent) sessions at an economic forum hosted by the White House, President Bush, business leaders, and others talked about the state of the U.S. economy, corpo…
314 viewsDr. Swygert read a list of Franklin Raines' accomplishments, including his tenure as chairman of the Office of Management and Budget and his appointment as the first African-American of a Fo…
273 viewsWitnesses testified about the Corporate and Auditing Accountability Responsibility and Transparency Act designed to ensure adequate and accurate checks on corporate financial records. Among …
335 viewsMr. Raines talked about the U.S. housing market and the reasons for its continuing growth. He described the role of Fannie Mae (Federal National Mortgage Association), a private mortgage len…
62 viewsVice President Cheney and Mr. And Mrs. Case were presented qwards for their roles as public servants.
106 viewsChairman Greenspan and Mr. Raines spoke about the state of the economy and prospects for diminishing the effects of recession. Mr. Greenspan concentrated on the need to ensure energy availab…
64 viewsThe ceremony opened with a prayer by Reverend Jackson and the singing of “The National Anthem” and “The Negro National Anthem” by Tonya Lewis and “A Family Choir.” Other musical numbers wer…
294 viewsParticipants talked about a letter they were sending to President Bill Clinton urging unprecedented steps to facilitate and accelerate the presidential transition. Following their remarks, t…
40 viewsPanelists talked about the presidential appointment process and about ways to make the process more efficient and less intrusive for the candidate. To that end they announced the creation of…
79 viewsMr. Raines spoke about the growth of home ownership in America. He predicted that the base of ownership would continue to broaden. He defended the system against its detractors and cla…
40 viewsFranklin Raines talked about efforts to increase home ownership in local communities by making more funds available to low-income families. He also responded to viewer calls, faxes, and elec…
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