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u.s. treasury, obama administration
(Image from article: "Treasury Hails Milestone in Home Loan Modifications")

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U.S. tweaks Fannie Mae, Freddie Mac bailout terms, requires all profits

The Treasury said on Friday it is changing the way Fannie Mae and Freddie Mac will repay taxpayers in a move the Obama administration said would accelerate the winding down of the government-owned mortgage financiers.

 

Treasury Hails Milestone in Home Loan Modifications

Treasury Hails Milestone in Home Loan Modifications

Half a million troubled homeowners have seen their loan payments lowered under an Obama administration program.

 

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