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Home | News | Government

The Collingwood Group Chairman Debates Fed Rate Hike


With one last opportunity to raise rates this year, many believe that the the Federal Open Market Committee just may follow though with an obscure promise made in the last meeting in October. The Collingwood Group Chairman Tim Rood debated the possible rate hike in December and other topics on Fox Business Network.

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Senator Bob Menendez Wants Answers From FHFA Director Watt


Menendez, Ranking Member of the Senate Subcommittee on Housing, Transportation, and Community Development, cited preliminary findings in the FHFA’s annual housing report. The Senator noted that Freddie Mac had failed to meet its single-family low- and very low-income home purchase goals last year and asked Watt what the agency is going to do to make corrections in these two areas.

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Lawmakers Aggressively Push GSE Reform Act


The amendment to H.R. 2577, known as the Jumpstart GSE Reform Act, was introduced by Corker, Warner, Senator Elizabeth Warren (D-Massachusetts), and Senator David Vitter (R-Louisiana) in September and offered on Thursday by Corker and Warner as an amendment to H.R. 2577. The Jumpstart GSE Reform Act prohibits the sale of Treasury-owned preferred shares in Fannie Mae and Freddie Mac without approval from Congress, and also prohibits increases in guarantee fees charged by the GSEs from offsetting non-housing related government spending.

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