What you need to know about the Trump plan to set Fannie Mae and Freddie Mac free

Sep 6, 2019
The White House released its plan to end government stewardship of the companies that control half of all mortgages in the U.S.
Freddie Mac headquarters in McLean, Virginia, in 2010.
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Who gets a seat at the G-20 table?

Jun 27, 2019
G-20 members make up more than 80% of the world’s GDP. But they might not be a fair representation of the world.
U.S. President Donald Trump at a dinner at the Imperial Hotel in Osaka on June 27, 2019.
BRENDAN SMIALOWSKI/AFP/Getty Images

There's yet another proposal to get the government out of the mortgage-guarantee business

Feb 4, 2019
One of the last big unresolved issues from the financial crisis is what to do about Fannie Mae and Freddie Mac. Together with government-owned Ginnie Mae, they own or guarantee more than half the home loans in the country. Fannie and Freddie have been under conservatorship — bascially government protection and control — since 2008, […]
Mortgage finance company Freddie Mac says rates on 30-year fixed mortgages fell below 3% this week. For some people, that's a chance to refinance.
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Why the Fed's balance sheet is making markets nervous

Jan 3, 2019
Robert Kaplan, the president of the Federal Reserve Bank of Dallas, on Thursday told Bloomberg that the Fed ought to think about slowing down how quickly it’s shrinking its balance sheet. What’s a balance sheet? It’s a ledger of the Fed’s assets and liabilities that, in the middle of the financial crisis, the Fed expanded as […]
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How temp workers became the norm in America

Nov 15, 2018
10 years after the Great Recession companies have increased their dependence on non-permanent workers.
Nissan auto factory workers (from left to right) Eric Hearn, Travis Parks and Antonio Ivy. 
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