Five Takeaways on Housing-Finance Reform From Obama’s Town Hall
TTP LabTech has also bought technical equipment from Assaymetrics. Sandra McAlister of McAlister and Co Insolvency Practitioners said: It is too early to ascertain a focus of investigation, but the current economic climate does mean that businesses involved in researching and innovating new products are finding things particularly difficult. As is normal procedure, all creditors and customers who may owed money will be contacted in the near future. A spokesman for Finance Wales said: Finance Wales can confirm that it invested in Assaymetrics, but we are unable to comment on the details of individual investments as these are commercially confidential. Assaymetrics was formed in 2004 by its original managing director, Dr Pierre Graves to exploit a set of drug discovery technologies that had been developed in South Wales. In 2005, senior scientists Dr John Whateley and Dr Anthony Smith were recruited and Assaymetrics received support from the Welsh Development Agency in the shape of a SMARTCymru award for development of new technology.
Multimedia: Who is Zimbabwe’s next Finance minister?
Homebuyers could feel the pinch if Congress follows through on proposals to shut down Fannie Mae and Freddie Mac, the government-run mortgage guarantee giants that were rescued by a $187 billion taxpayer bailout during the financial crisis. (Matt York / Associated Press / August 6, 2013) Also By The Times editorial board August 8, 2013 President Obama this week joined lawmakers from both parties in calling for Congress to wind down Fannie Mae and Freddie Mac , the privately owned but government-backed companies that supply most of the funding for home mortgages in this country. There is now a clear consensus in Washington in favor of shrinking the government’s role in housing finance. The tough question that remains, though, is how far to go. Fannie and Freddie have bought or guaranteed nearly half of the home loans outstanding in the United States.
Housing finance, beyond Fannie and Freddie
Mugabe has supported Gono in his fight against Zanu PF hawks over the implementation of the indigenisation policy. Gono has been insisting that the one-size-fits-all approach does not apply to the banking sector. In the midst of attack from Zanu PF politicians, Gono found refuge in Mugabe. In the midst of Zimbabwes carnage, Gono was driven by one philosophy extra-ordinary circumstances call for extraordinary measures. Can he face economic challenges in a multiple currency regime?
Obama plan to do with the companies? Heres an overview: 1. Well get rid of Fannie and Freddie as they currently exist You cant have an institution in which the government is underwriting and guaranteeing all the mortgage lending thats taking place around the country and big profits are being made by these quasi private institutions, said Mr. Obama. And then if things go wrong suddenly taxpayers are on the hook. 2.