August 5, 2016
Friday’s Government Reports Roundup
- President Obama has signed a housing reform bill that will open the door for welfare recipients to use federal rent vouchers to purchase manufactured homes and become homeowners.
- Mortgage giant Freddie Mac reported net income of $993 million for the second quarter, down sharply from the same period of 2015.
- The increase in borrowing to pay for school combined with slow repayment rates could be widening the gap between the haves and the have-nots, researchers at the Federal Reserve Bank of New York wrote in a blog post on Monday.
