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Housing prices are on the decline nationwide

October 23, 2009 – 10:29 am – No Comment
Housing prices are on the decline nationwide

There were three months of straight gains in the real estate market, however a government tool used to measure the average price of a home in the United States showed a decline for the month of August.
According to the Federal Housing Finance Agency, housing prices …

Freddie Mac Ceo Resigns

March 2, 2009 – 9:55 pm – No Comment

After less than 6 months on the job, David Moffett, has resigned.
Moffett, 57, a former vice chairman of US Bancorp, has been CEO since September, when the government seized control of the mortgage finance company and its sibling Fannie Mae.
“It’s never a positive sign when …