Investing

Fannie Mae and Freddie Mac to Jointly Form New Securitization Company

The Federal Housing Finance Agency (FHFA), regulator of the government-backed mortgage firms, Fannie Mae and Freddie Mac announced on Monday, March 4 that operations of the two companies will be combined to form a separate entity that will look after securitized home loans.

New York's Real Estate Titans Among Forbes Richest In The World (Full List)

New York's real estate titans were listed on the Forbes list of billionaires, reported Commercial Observor.The list compiled 1,426 billionaires who have a combined net worth of $5.4 trillion.

NASA Funds California Architect Students To Design Space Habitat For Mission

The National Aeronautics and Space Administration, NASA, funded California university students to design a "space habitat" for astronauts planning to go on a 2020 lunar mission, reported the Design Build Source.
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