FHFA Releases Letter on the Status of the Conservatorship of Fannie Mae and Freddie Mac
Washington, DC – On February 2, 2010, Acting Director Edward J. DeMarco sent this letter to Chairmen Frank and Dodd and Ranking Members Bachus and Shelby regarding the conservatorship of Fannie Mae and Freddie Mac.
For the second consecutive month, both year-over-year foreclosure petitions and deeds decreased by double-digit percentages in Massachusetts, according to The Warren Group, publisher of Banker & Tradesman. Foreclosure activity in November reached its lowest levels so far in 2010.
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Please click here to read the final Building Blocks FY’12 budget letter.
To view more information from the American Association of Homes and Services for the Aging, click here.
BOSTON – Monday, November 30, 2009 – Standing with housing and community leaders, Governor Deval Patrick today highlighted a law he signed last week to keep publicly-assisted rental properties affordable and announced the roll-out of a $150 million loan fund leveraged primarily through private dollars to support and secure long-term affordable housing preservation efforts.
“Preserving affordable rental housing keeps our working families strong and our economy strong. By securing and expanding housing opportunities now and over the long-term, we can make a difference in the lives of our neighbors, bolster our communities and maintain Massachusetts on a path toward recovery,” said Governor Patrick.
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