Mortgage Giant Freddie Mac Directors Re-Elected - 2004-04-01
Directors of mortgage giant Freddie Mac were overwhelmingly re-elected Wednesday despite concerns from some shareholders about whether management was doing enough to deal with accounting problems and potential financial risk.

About 100 shareholders, mostly individual investors rather than pension or mutual funds, gathered at the government-sponsored company's first annual meeting since the accounting crisis last June.
Read the full story at Builder Online

Hud Reform Proposal Stalls As Bureaucrats Regroup - 2004-04-01
An attempt to re-organize the home loan process and give consumers a break collasped in unflattering fashion in Washington last week.

"I think they have the best of intentions but I don't think they steered their proposal very effectively. They were never able to reach a consensus among the many industry factions nor Capitol Hill nor consumer groups," said Melissa Richards, general council for the California Mortgage Bankers Association.
Read the full story at Builder Online