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Tag Archives: Treasury

Obama Administration Releases February Housing Scorecard

The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury released the February edition of the Obama Administration's Housing Scorecard on Friday. The report found that new home sales rose, foreclosure completion were down, and home prices remained stable.

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Big Changes at Freddie, Fannie Sought by Investor

Bruce Berkowitz, managing member and chief investment officer of Fairholme Capital Management, sent a letter to both Fannie Mae and Freddie Mac on Monday, urging the directors to "act in the best interests of each company and in accordance with accepted best practices for corporate governance."

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