The Federal Housing Finance Agency today released a progress report on its goals for Fannie Mae and Freddie Mac while the GSEs are in federal conservatorship. The report covers FHFA’s goals for the GSEs to maintain access to credit and help prevent foreclosures, to reduce credit risk and to build a common securitization platform that issues a single security.
New orders for durable goods rise in March
New orders for manufactured durable goods increased $7.3 billion or 2.6% in March to $283.4 billion, the U.S. Census Bureau...