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2. Federal takeover of Fannie Mae and Freddie Mac - Wikipedia

   en.wikipedia.org/wiki/Federal_takeover_of_Fannie...

   In 2003, the Bush Administration sought to create a new agency, replacing the Office of Federal Housing Enterprise Oversight, to oversee Fannie Mae and Freddie Mac.In 1992, in the wake of the savings and loan crisis, and over concern that similar lending problems would develop, the Office of Federal Housing Enterprise Oversight was created as part of the Department of Housing and Urban ...

3. Nationalization - Wikipedia

   en.wikipedia.org/wiki/Nationalization

   Nationalization (nationalisation in British English) is the process of transforming privately owned assets into public assets by bringing them under the public ownership of a national government or state. [1] Nationalization contrasts with privatization and with demutualization.

4. List of nationalizations by country - Wikipedia

   en.wikipedia.org/wiki/List_of_nationalizations...

   1868 Nationalisation of inland telegraphs under the General Post Office with the Telegraph Act 1868. [69] 1875 Suez Canal Company - The Egyptian share in the company was bought by the government. 1912 Nationalisation of National Telephone Company under the GPO, apart from Portsmouth and Hull. The Portsmouth telephone service was nationalised ...

5. Reverse mortgage: What it is and how it works - AOL

   www.aol.com/finance/reverse-mortgage-works...

   The most common type of reverse mortgage is a Home Equity Conversion Mortgage (HECM), for borrowers ages 62 and older. Some reverse mortgage lenders offer other options for borrowers ages 55 and ...

6. What is a reverse mortgage? How it works, who it’s best for ...

   www.aol.com/finance/what-is-a-reverse-mortgage...

   Enter reverse mortgages, a financial product designed for homeowners ages 62 and older. Reverse mortgage flip the traditional lending model on its head: Instead of you repaying the lender, the ...

7. Recapitalization - Wikipedia

   en.wikipedia.org/wiki/Recapitalization

   Another example is a nationalization in which the nation in which the company is headquartered buys sufficient shares of the company to obtain a controlling interest. Usually, incumbent equity-holders lose control. The reasons for nationalization may include: Saving a very valuable company from bankruptcy; Confiscation of assets; Executing ...

8. What Are the Tax Implications of Reverse Mortgages? - AOL

   www.aol.com/finance/tax-implications-reverse...

   A reverse mortgage has little impact on your taxes. You do not pay taxes on the money you receive from a reverse mortgage. Since this is a loan, a reverse mortgage does not increase your wealth ...

9. Housing and Economic Recovery Act of 2008 - Wikipedia

   en.wikipedia.org/wiki/Housing_and_Economic...

   The United States Housing and Economic Recovery Act of 2008 (commonly referred to as HERA) was designed primarily to address the subprime mortgage crisis.It authorized the Federal Housing Administration to guarantee up to $300 billion in new 30-year fixed rate mortgages for subprime borrowers if lenders wrote down principal loan balances to 90 percent of current appraisal value.