Appraising in Delaware, the Blog...

Today a top regulator tried to squash fears that Freddie and Fannie needed to hold more capital.  James Lockhart the director of the Office of Federal Housing Enterprise Oversite said that, "From Our standpoint, an accounting change should not drive capital."

Reaction to his comments were mixed and varried depending on the news outlet. 

Here is a link to the Wall Street Journal article from Danian Palletta 7/9/2008. http://online.wsj.com/article/SB121552340873635665.html?mod=googlenews_wsj

Here is a link to the Financial Times article on the speach.

http://www.ft.com/cms/s/0/01f1a01e-4d4f-11dd-b527-000077b07658.html

We are interested in hearing what you think?  Is more captial going to improve the situation?  Is more Federal regulation and manipulation going to solve the housing challenges? 

Post your comments and links to other articles. 

Here is a link to Bloomberg.  http://www.bloomberg.com/apps/news?pid=20601087&sid=a5AkXLCE2KdQ&refer=home

This is positive news about home sales and durable goods in June 2008.  Looks like sales of new homes were higher than forecasts had projected.

We love positive news!  Send us yours.

Here is a link to the positive news story on Bloomberg.com.  If you see positive news stories, let us know. 

http://www.bloomberg.com/apps/news?pid=20601091&sid=abJ0aRe87uHk&refer=india