Fannie Mae Unveils New $4 Billion Affordable Housing Investment Strategy for Border Region - 2004-03-04
Daniel H. Mudd, Fannie Mae's vice chairman and chief operating officer, was teamed with El Paso Mayor Joe Wardy for an announcement of the company's $4 billion affordable housing investment strategy.

The American Dream Commitment® for the Border Region is a six-year strategy that will be implemented by Fannie Mae (FNM/NYSE), the nation's largest source of financing for home mortgages, with the collaborative help of the private, public and nonprofit sectors.
Read the full story at Fannie Mae

Building permits keep momentum - 2004-03-04
The momentum from last year's record level of building permits for housing has spread over into 2004, according to Statistics Canada.

StatsCan says low mortgage rates, employment strength and a high level of consumer confidence have contributed the housing boom.

"Municipalities issued almost $3 billion worth of building permits for housing in January, up 1.1% from the previous high in December.
Read the full story at Investment Executive