Topic: James Lockhart
AFP Global Edition | 2008-11-12 02:00:19
<div><p>The US government Tuesday sought to put a floor under soaring home loan defaults and falling property values with a sweeping program to ease payment terms for hundreds of thousands of struggling homeowners.</p><p>The Federal Housing Finance Agency, which temporarily took control of mortgage market powers Fannie Mae ...
Getty Images | 2008-11-11 21:04:56
WASHINGTON - NOVEMBER 11: Federal Housing Financial Agency Director James Lockhart listens during a news conference at the Federal Housing Finance Agency November 11, 2008 in Washington, DC. A plan with a simplifier loan modification system and designed to reduce foreclosures ...
AP News | 2008-11-11 20:01:32
Neel Kashkari, the Treasury Department's assistant secretary for financial stability, left, and Federal Housing Finance Agency James B. Lockhart III, take part in a news conference, Tuesday, Nov. 11, 2008, in Washington. (AP Photo/Haraz N. Ghanbari)
Copyright 2008 ...
AFP Global Edition | 2008-11-11 20:00:50
<div><p>The US government Tuesday announced a sweeping program to ease payment terms for hundreds of thousands of homeowners struggling to service mortgages held by home finance giants Fannie Mae and Freddie Mac.</p><p>"Today, we're announcing a major program designed to greatly reduce preventable foreclosures with a simplified ...
