- Neal Boortz defends Hillary Clinton for representing child rapist
- House task force to recommend National Guard on border, faster deportations
- Top federal judge uses pizza to explain complex Obamacare situation
- Obama, Biden overhaul job training programs
- Drought-plagued Californians turn to paint to keep lawns green
- ISIL now forcing Iraqi shopkeepers to veil mannequins in Mosul
- 11 parents of Nigeria’s abducted girls die
- Genetic mapping triggers new hope on schizophrenia
- Turkish P.M. Erdogan won’t speak to Obama, but he’ll take calls from Biden
- Israel’s ambassador praises Obama, slams Human Rights Watch report
U.S. appetite for drugs begets violence migrants are fleeing
Topic - Alphonso R. Jackson
The government is considering raising the limits on purchases of home loans by Fannie Mae and Freddie Mac to help ease a liquidity crunch in the mortgage market.
"I am glad we had this correction in the market, because we cannot sustain the continuous growth we had in the housing industry — that is, in prices," he said.
Housing Secretary Alphonso R. Jackson, who earlier this week said he was considering enlarging the role of Fannie Mae and Freddie Mac, appeared to reverse course yesterday and said the administration does not want to do anything to prevent further declines in home prices and other adjustments needed to re-establish a healthy market.