The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Les H who wrote (135099)	7/19/2008 9:31:25 PM
From: Les H	Read Replies (2) of 306849

Getting Mortgages Is More Difficult Listen Now All Things Considered, July 18, 2008 · In today's economic climate, many Americans are finding it more difficult to obtain mortgages. Ken Wade, CEO of NeighborWorks America, points to fewer low down-payment mortgage programs and piggyback loans, as well as higher credit score requirements. npr.org Business Political Power Let Fannie, Freddie Skimp On Capital by John Ydstie Listen Now Morning Edition, July 18, 2008 · New attention is being focused on mortgage giants Fannie Mae and Freddie Mac as the Bush administration presses Congress to act on a rescue package for the two institutions. Economic officials say Fannie Mae and Freddie Mac used to have plenty of capital reserves. But to stay afloat during a housing crisis, they need to raise more cash. npr.org

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