Indication of yesterdays rally. Dow futures up 121 points. Thats half 1 , s p futures up 13 and nasdaq up 24. Dow on track for worst quarter since 1987, s p 500 having worst quarter since 2008. Speaker nancy pelosi looking for a phase 4 coronavirus package calling for Infrastructure Spending now and more money sent directly to americans. Major retailers furloughing staff as Stores Remain closed, macys, stores, the gap, cutting payroll impacts hundreds of workers. Unemployment rate could top 32 . Mornings with maria live right now. We want to check Global Market this is morning. Last day of the First Quarter in europe, green across the board. Dax index in germany higher by 200 points. World Health Organization says there are signs the coronavirus may be approaching a peak in europe. In asia meanwhile markets were mixed, take a look at the numbers on asian markets, best performer there korea up better than 2 although japan was down 1 . China says factory activity is growing, purchasing M
So, what allen, will whoever else commented, he mustve been looking at scam artists, or something. They do not require they required a lot of paperwork and proof of income and situation, but they do not require us to pay upfront money to modify the loan. Unfortunately there is a balloon payment at the end of our mortgage, which scares me because if i lived past that stage, we have that to worry about. For now, we are in our home, and we live in a beautiful part of florida, near the beaches. Homes around here can vary from , dependsn to 100,000 on where you are at. We are kind of in the rural area, so we got a good price. Host got you. Just a tease you about our conversation coming up, and invite from the New York Times this morning says that vice has talkedoe biden to advisers about a possible look at a president ial run. No formal announcement yet. If you have not heard, a Candidate Forum is taking place, and more recent polling also taking place as well. We will com have a discussion
And freddie mac is in the conservatorship of veneers september 2008 and paulson describe the conservatorship as a timeout. Today fannie and freddie continued to dominate the market approximately 70 percent of the mortgages are back for the federal government while fannie and freddie with the Housing Market experiences a downturn the status quo is not a viable option. The Housing Finance system with two Government Enterprises in conservatorship as not a sustainable solution. Taxpayers today have to much risk with to a bigger role in the Mortgage Market. Those that have released proposals including the i see the day in several coauthors and many others. About what the future system should look like. In the meantime continuing to serve as a conspirator in regulator and as the Federal Home Loan Bank fhfa has undertaken a number of initiatives including those that began prior to the directors 10 year. One significant undertaking is the securitization platform that was originally intended to
Months. Including the iba, mill ken institute, several coauthors writing jointly for the urban institute, and many others. The committee is considering all of these proposals as well as other ideas about what the future system should look like. In the meantime, f hrks a serve as regulator of the enterprises and as regulator of the federal home loan banks. As conservator of the gse easy, theyre obligated to preserve and conserve the as 70s franny and freddie mac. They have undertaken a number of initiatives in recent years including some that began prior to director watts tenure. The platform was originally intipped to function like a market utility, independent from the enterprises. That would be used to issue both Agency Securities and private label securities. The platform has instead been developed specifically for securities issued by fanny mae and fredty mack. One important question as we embark on this is whether we should utilize the csp or consider other alternatives such as ex
Months. Including the iba, mill ken institute, several coauthors writing jointly for the urban institute, and many others. The committee is considering all of these proposals as well as other ideas about what the future system should look like. In the meantime, f hrks a serve as regulator of the enterprises and as regulator of the federal home loan banks. As conservator of the gse easy, theyre obligated to preserve and conserve the as 70s franny and freddie mac. They have undertaken a number of initiatives in recent years including some that began prior to director watts tenure. The platform was originally intipped to function like a market utility, independent from the enterprises. That would be used to issue both Agency Securities and private label securities. The platform has instead been developed specifically for securities issued by fanny mae and fredty mack. One important question as we embark on this is whether we should utilize the csp or consider other alternatives such as ex