Acting PM supports development of mortgage lending - 2004-02-26
It is necessary to improve the mortgage lending system to maintain further social and economic development of the country, Viktor Khristenko, acting Prime Minister of Russia, declared at a government meeting on Thursday.

He noted that mortgage lending was "seen as an important area in terms of the country's social and economic development".
Read the full story at RBC

Mortgage giants Fannie, Freddie assure senators collapse unlikely - 2004-02-26
The heads of mortgage giants Fannie Mae and Freddie Mac gave assurance to senators Wednesday that their collapse was unlikely, a day after Federal Reserve Chairman Alan Greenspan warned they could be a threat to the U.S. financial system if their ability to assume new debt isn't restrained.

Fannie Mae Chairman and CEO Franklin Raines and Richard Syron, who was to lead Freddie Mac after it lost two previous chief executives in an accounting scandal, faced questioning by the Senate Banking Committee.
Read the full story at CDA Press