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Welcome to Houses, USA -- keeping an eye on the federal government and everything it's doing to affect the value of your home and neighborhood, the mortgage rates you pay, and the credit environment that rules your personal budget.

Houses USA is all about federal projects that will change the air you breathe, the roads your ride, the communities you live in and commute through.

Houses USA is about what your government is doing every day for you and to you.  It's about your cities, your towns, the places you go to on vacation. It's about Congress.  It's about the federal agencies.  It's about where you live your life.

But, Florida's revenues come largely from property taxes that are set and collected locally, and sales taxes.  Before you buy a house or condo, learn about your area's property taxes.

Thank you for visiting Houses USA.  Please come back and catch up.


Federal Housing Finance Agency (FHFA) suspends evaluation of  Fannie/Freddie

The Federal Housing Finance Agency announces rules, effective January 30, 2009, to govern the portfolio holdings of the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac). FHFA announcement says “it is prudent and in the best interests of” the American taxpayer and the secondary mortgage market to suspend capital classifications of Fannie Mae and Freddie Mac. What this means:  as long as FHFA is the conservator (read bankruptcy trustee)      ...more ...  		  

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The cosmetics of pork:

The Federal Housing Finance Agency has adopted rules effective January 29, 2009 that limits golden parachute payments to Fannie Mae and Freddie Mac terminated executives. The regulations defer certain decision on golden parachutes and do not call for restitution of bonuses and other sums paid top former executives of Fannie Mae and Freddie Mac.
Jump to complete details on these rules from the Federal Housing Finance Agency

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