Fannie Mae, (FNM.P) the largest provider of funding for U.S. home mortgages, on Monday said it is launching a $1 billion program to boost money available to small- and mid-sized lenders. The program would provide credit lines for 10 to 12 lenders in 2010, a spokeswoman said. Since the onset of the credit crunch,...
President Barack Obama wants to give the federal government sweeping new authority to curb exorbitant rate hikes by the nation’s health insurance companies, a White House official said Sunday night – a proposal designed to win over skeptical voters as Obama announces his own health insurance legislation for the first time Monday. Releasing his...
follow: RSS