This morning, the Federal Housing Finance Agency announced that it could be investigating the investments of mortgage companies Freddie and Fannie. Bank loan information has been subpoenaed dealing with the securities purchased by the companies. The FHFA believes that some of the liability for these securities may be with the sellers.
UPDATE: There has been a verystrong response to the June 8, 2010 PSECA 3 call for proposals. Applicationsare expected to exceed the funding available. The PSECA Solar deadline forapplications is August 20, 2010.