The pace of home price increases slowed in September, according to figures released on Tuesday, but other data show that houses have not become more affordable despite government efforts.
Reducing government subsidies to housing giants Fannie Mae and Freddie Mac could shrink the federal deficit by more than $8 billion in a decade, according to a recent report by the Congressional Budget Office (CBO).
The White House on Friday partially relied on data from a contested decades-old study to tout the economic benefits of President Obama’s executive order on immigration.
Former top George W. Bush administration official Gen. Michael Hayden said on Thursday that unless Iran provides the West with extensive access to its suspected nuclear facilities—a concession the Islamic regime has strenuously refused—U.S. intelligence agencies will be unable to detect its development of a bomb.
Federal Housing Finance Agency (FHFA) Director Mel Watt said on Wednesday that he did not see the government relinquishing control of housing giants Fannie Mae and Freddie Mac anytime soon, even as the Democratic chairman of a Senate committee urged him to pursue that course.
The Russian state-funded propaganda outlet RT has recently been advertising its English language news service around Washington, D.C., with posters, but not all residents are pleased about the campaign.
A Republican-led Congress will likely be unable to reduce government involvement in the housing market before the next election, but federal agencies could still take measures to lessen risk in the system, experts say.
Federal regulators are attempting to lower credit and lending standards for home mortgage loans during a time when there is little demand for housing, some experts say, a move that could create another destabilizing bubble if the economy improves.
Hong Kong’s pro-democracy protesters could be arrested if they remain in the streets beyond Tuesday, according to the city’s acting chief executive.
President Barack Obama on Monday declined to speak out directly on behalf of the pro-democracy protesters in Hong Kong, stating that while U.S. officials are concerned about human rights, they must also maintain business ties with China.