tyra banks top model

Does the fact that the Obama WH extended an UNLIMITED line of credit to Fannie/Freddie mean they're failures?

Most companies attempt to make money. If they can't make money, they fold.

But Fannie and Freddie (Government Sponsored Enterprises) do nothing but LOSE money. In return they get an unlimited line of credit and their CEOs get multi-million


Leeches off of us, actually, given that they were designed to do exactly what happened. It was just theft at the outset.

Why the Alabama Housing Finance Authority Step Up Loan may be the Perfect Fit for You

brooks.realestatetomato.com A brief explanation of the benefits of the AHFA Step Up Loan

Bennett Pointe video tour

Bennett Pointe is a 40 home subdivision financed using LIHTC from Alabama Housing Finance Authority, equity from Raymond James and debt from ...

No More Lavish Bonuses on Taxpayer Dime

bonus pay. For more information, visit: financialservices.house.gov ... politics GSE Bachus "Financial Services" Bailout "Freddie ...

Huntsville Housing Authority eyes next step in deconcentrating poverty

HUNTSVILLE, Alabama -- The Huntsville Housing Authority is eyeing an extensive redevelopment of two aging public housing sites and selling another as part of ongoing efforts to deconcentrate poverty in the city.

After a five-hour meeting with its consultants Thursday, the authority's volunteer board of commissioners agreed to seek a U.S. Department of Housing and Urban Development planning grant for a potential makeover of Sparkman Homes on Holmes Avenue in center city.

The authority also intends to apply for tax credits through the Alabama Housing Finance Authority to rehabilitate some of the 194 units at Lincoln Park on Washington Street in north Huntsville.

Executive Director Michael Lundy said both sites would likely end up with a mix of public housing tenants and affordable housing aimed at families earning up to 60 percent of the area's median income.

Board members also gave Lundy permission to solicit proposals from individuals or businesses interested in purchasing Searcy Homes, which occupies 19.4 acres of prime real estate across from the Huntsville-Madison County Chamber of Commerce.

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(10 diggs) Watchdogs: Campaign Finance Agency Is AWOL | TPMMuckraker toyotabedzrock A coalition of watchdog groups are calling for Congressional hearings into what they regard as systematic failings of the Federal Election Commission, the agency charged with enforcing campaign finance law.

In a letter to the top Republicans and Democrats on the House and Senate oversight committees, the coalition urges the panels to hold hearings on the FEC's "frequent refusal to enforce the campaign finance laws passed by Congress."

alabama housing finance agency - News


Huntsville Housing Authority eyes next step in deconcentrating poverty
Huntsville Housing Authority eyes next step in deconcentrating poverty The authority also intends to apply for tax credits through the Alabama Housing Finance Authority to rehabilitate some of the 194 units at Lincoln Park on Washington Street in north Huntsville. Executive Director Michael Lundy said both sites would

New Rosedale Court revealed with groundbreaking
“The Alabama Housing Finance Authority has issued more than $201 million in housing credits to build or repair nearly 750 apartment complexes housing more than 35000 Alabama families,” said authority executive director Robert Strickland.

Why Fannie, Freddie execs get paid a lot
Why Fannie, Freddie execs get paid a lot Spencer Bachus, an Alabama Republican. The Federal Housing Finance Agency set executive pay at the firms in consultation with the Treasury Department. The agency talked to the executive compensation czar for bailed-out banks, Ken Feinberg, when setting

Lawmakers move to block Fannie, Freddie bonuses
The pay packages approved by their regulator, the Federal Housing Finance Agency, have followed the same patterns over the last few years. The bulk of the pay is set by the boards of Fannie Mae and Freddie Mac and approved by FHFA in consultation with

Fannie's Squeeze on Banks Makes 4% Mortgage Too Good to Be True
“Mortgage originators are more closely adhering to underwriting guidelines resulting in fewer of the mortgage defects of prior years,” said Corinne Russell, spokeswoman for the Federal Housing Finance Agency, which regulates so-called government