Fannie-Freddie fix is the focus of senators’ bipartisan push

Fannie-Freddie Fix Is Focus of Senators’ Push Across party lines. bloomberg the Company & Its Products The Quint. Bloomberg. Bloomberg | Quint is a multiplatform, Indian business and financial news company. We combine Bloomberg’s global leadership in business and financial news and data, with.

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Vice President Mike Pence warned that housing for storm victims is emerging as the top long-term challenge in the recovery from Hurricane Harvey as he arrived in Texas on Thursday to view the damage and meet with survivors.

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Congress may have finally found a bipartisan fix to Fannie and Freddie. There have been a couple of serious attempts in the Senate to craft a long-term solution to this problem, but it was not.

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A Fannie-Freddie fix, promised since they were seized by regulators in 2008 and sustained with $187.5 billion in Treasury funds, has taken on increased urgency as the companies face the threat of needing more aid. Under the terms of their bailout, they can’t retain any capital starting next year, meaning taxpayers would have to cover any losses.

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As part of the deal to end the recent government shutdown, Majority Leader Mitch McConnell promised to take up legislation this week to fix. Senate in 2013. What did make the cut are two partisan.

Lennar warns of hurricane-related delays to new-home deliveries US housebuilder Lennar expects delays to deliveries after hurricanes Irma and Harvey – Housebuilder Lennar corp. (nyse. “The expected shift of deliveries this year not only takes into account damage from the storm but also short-term labour challenges, power outages, potential delays.

WASHINGTON (AP) – Some of the old timers in the Senate are getting fed up with the lack of action on legislation, but after weeks of focus on approving President Donald Trump’s backlog of.