Rebuilding a Local Economy

By Dawn Kopecki Feb. 24 (Bloomberg) Fannie Mae and Freddie Mac, the mortgage-finance companies under government control, are reporting fourth-quarter losses after writing down the value of tax credits and setting aside money for housing-market

“Caveat emptor”  (Latin for “Let the buyer beware”) In light of Moody’s Investors Service lowering the U.S. credit-rating outlook to …