Now a look at the impact of freddie mac and fannie mae on the 2008 housing crisis and the current role in the housing and mortgage markets. The are been institute in washington hosted this one our discussion. [inaudible conversations] the second panel, we have panelists talking about this version of risk. I know the end of the last panel, the first panel they got a little bit of a credit risk so they tried to take our territory, this one is better so everyone should understand that. I will introduce the panelists first. Going from my left to the far left. The Global Mortgage Group in orange capital, and the Vice President have Housing Finance policy and david finkelstein. We start with laurie, through the data on history and development in credit Risk Transfer. It is a job of mentioning, started in 2012 and the idea is to reduce the overall risk of fannie and freddie, reduce the risk to the taxpayer and put private Capital First and basically grew enormously so there was 90 billion of
We are coming for you. As the economy breaks down, south africas Migrant Community is in the firing line. This is a local Branch Meeting of an anti Migrant Group in orange grove, near the Johannesburg City centre. Its called Operation Dudula, and ive been given rare access. Dudula in isizulu literally means to force out. Theyre planning to go to businesses this evening and ask them about their citizenship, get details, Contact Details with them. So we had an. And it seems that this is a typical kind of Patrol Operation that they do. Officialfigures put the number of migrants in south africa at 3. 6 million people. But with one in three south africans out of work, migrants have become an easy target. Singing as night falls, the team sets off for the high street. They sing they want to find the owner of a local shop who they say has information about a recent stabbing. As weve been walking down the main road and passing shops owned by foreign nationals, this group has been singing songs
Armenians in nagorno karabakh, four days after azerbaijan took control over the long disputed territory. The state Department Says mr blinken made the remarks in a conversation with armenias Prime Minister held in the past few hours. The region is internationally recognised as part of azerbaijan but its population is mostly Ethnic Armenians, who ruled it as a Breakaway Republic for three decades. Earlier this week, an Azerbaijani Military operation routed the Ethnic Armenian separatists, and azerbaijan has begun taking full control of the region. Now Tens Of Thousands of armenians have sought refuge in the main city, stepanakert many of them gathering at the airport. They are coping with dwindling food, medicine and fuel supplies. The red cross has managed to deliver 70 tons of aid for the First Time Since hostilities ended. The organisations spokesperson, jason straziuso, said the shipments contained basic staples like wheat. Its an indication of how dire the situation is not enough f
Prevalent in my country, i wanted to look away. This is vigilantism. No. But the scapegoating of migrants is threatening the fabric of our country. We are coming for you. Cheering as the economy breaks down, south africas Migrant Community is in the firing line. This is a local Branch Meeting of an anti Migrant Group in orange grove, near thejohannesburg city centre. Its called 0peration Dudula, and ive been given rare access. Dudula in isizulu literally means to force out. Theyre planning to go to businesses this evening and ask them about their citizenship, get details, Contact Details with them. So we had an. And it seems that this is a typical kind of Patrol Operation that they do. 0fficialfigures put the number of migrants in south africa at 3. 6 million people. But with one in three south africans out of work, migrants have become an easy target. Singing as night falls, the team sets off for the high street. They sing they want to find the owner of a local shop who they say has i
Someone jumping over the entrance gate getting onto bart for free. But the board of directors for bart says they are trying to do something about it. They unanimously voted last night on two ordinances to fight this problem and punish fare evaders. Beginning next year, officers will be hired to board bart trains and ask every person for proof of purchase. If you cant provide one, you will be charged 75 the first time, minors will be charged 55. Three strikes will lead to a criminal charge. Frustrated bart riders who pay their fare hope this will force change. The guy just, like, hopped through the emergency exits, didnt even pay and just got on the train. Attendants dont do anything. Reporter 75 of barts operating costs come from people who follow the rules and pay. Officials think it will bring back 8 to 11 million each year. Bart says that fare evasion costs them between 15 million to 25 million every, single year. In San Francisco, jackie ward, kpix 5. Week one of a highprofile murd