President Bush dropped his threat Wednesday to veto a sweeping housing bill that will offer up to $300 billion in assistance to troubled homeowners and throw government support behind mortgage finance giants Fannie Mae and Freddie Mac.
Feeling Fannie's and Freddie's pain
The plunging stock prices of mortgage finance giants Fannie Mae and Freddie Mac could make the recovery for the housing market and the overall economy much more difficult, analysts say.
Bush signs housing rescue law
President Bush on Wednesday signed into law a sweeping housing bill that aims to boost the struggling housing market and bolster mortgage finance giants Fannie Mae and Freddie Mac.
Senate set to pass housing bill
In a rare weekend session, the Senate on Saturday is expected to pass a landmark housing bill that will offer up to $300 billion in loans for troubled homeowners and establish a government...
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