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US House GOP calls for Fannie, Freddie phase out - ReutersDSNews.comUS House GOP calls for Fannie, Freddie phase outReuters... mortgage market meltdown that caused the financial crisis and have cost taxpayers hundreds of billions of dollars," said Representative Spencer Bachus, ...House Republicans Release Principles For Reform Of Fannie Mae And Freddie MacTrading Markets (press release)Republicans: Phase Out Fannie, Freddie Over 4 yearseCreditDaily.comall 53 news articles »
Five great deceptions at heart of Labour's Budget - Telegraph.co.ukTelegraph.co.ukFive great deceptions at heart of Labour's BudgetTelegraph.co.ukThat is the view of the Institute of Directors and business leaders like Richard Branson and Stuart Rose, the Executive Chairman of Marks & Spencer, ...and more »
Garrett Reintroduces Covered Bond Bill to Spur Mortgage Financing - DSNews.comGarrett Reintroduces Covered Bond Bill to Spur Mortgage FinancingDSNews.comFinancial Services Committee Ranking Member Spencer Bachus (R-Alabama), who co-sponsored the bill with Garrett and Rep. Paul E. Kanjorski (D-Pennsylvania), ...Covered-Bond Legislation IntroducedFinancial-Planning.comRep. Garrett Introduces Long-Awaited Covered Bond ActHousing WireSIFMA Supportive Of US Covered Bonds Bill Introduced TodayExchange News Directall 8 news articles »
Dump Fannie and Freddie, GOP Lawmaker Urges - New York Times (blog)Dump Fannie and Freddie, GOP Lawmaker UrgesNew York Times (blog)Representative Spencer Bachus of Alabama, the ranking Republican on the House Financial Services Committee, is calling on Senate Democrats to address the ...and more »
Freddie Mac posts loss, but says federal aid not needed for now - Washington PostFreddie Mac posts loss, but says federal aid not needed for nowWashington Post(Jay Mallin/bloomberg News) By Zachary A. Goldfarb Freddie Mac, one of the two big mortgage finance companies taken over by the government, said Wednesday ...Republicans Push to Add Fannie, Freddie to BudgetBusinessWeekRepublicans push Obama to put Fannie, Freddie on budgetReutersCONGRESSMAN BACHUS CALLS FOR FULL DISCLOSURE OF BAILOUT COSTSTrading Markets (press release)Wall Street Journal -Talk Radio News Service -Reutersall 849 news articles »
Cape Coral Library: Books can help steer you through economic storm - The News-PressCape Coral Library: Books can help steer you through economic stormThe News-Press“The Cure for Money Madness” by Spencer Sherman contends that much financial anguish is caused by bad habits, and once those behaviors are amended, ...and more »
East Spencer discusses affordable housing - Salisbury PostEast Spencer discusses affordable housingSalisbury PostUnity Builders is seeking grants and working on partnerships with banks for construction and mortgage loans. The town would donate land as collateral, ...
Sunday newspaper round-up: Budget, RBS, Sainsbury - ShareCastSunday newspaper round-up: Budget, RBS, SainsburyShareCastShareholders in Marks & Spencer are calling for a boardroom clear-out after a fresh row over its chairman's pay. Investors were furious last week after M&S ...and more »
Bernanke sees low rates amid signs of weak rebound - The Associated PressBernanke sees low rates amid signs of weak reboundThe Associated PressAnd mortgage giant Freddie Mac signaled it will need more federal aid — and might never repay it. Against that backdrop, the government is trying to prop up ...and more »
The Biggest Financial Bailout of Them All - Huffington Post (blog)The Biggest Financial Bailout of Them AllHuffington Post (blog)Hiding your debts just leads to a bigger day of financial reckoning down the road," said Representative Spencer Bachus. Bachus may be a Republican who ...and more »

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Today's Mortgage Terms starting with V
VA Loans: Fixed-rate loans guaranteed by the U.S. Department of Veterans Affairs for the purpose of making housing affordable to eligible U.S. veterans.
Variable Rate: Interest rate that changes periodically in relation to a specific index such as treasury bills and the prime rate.
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