Topic - Alphonso R. Jackson

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  • "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.

    Wall Street stunned by funds freeze →

  • 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.

    Wall Street stunned by funds freeze →

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