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2 Jan 2014, 8:36 am
Freddie Mac has been offering the 20 day first look since December 17th.The first look window for Chicago area properties had previously been 15 days,Homebuyers shopping for homes can see which properties are restricted to First Look bidders in Fannie Mae’s “real estate owned” (REO) inventory at HomePath.com and for Freddie Mac REOs… [read post]
2 Apr 2013, 11:33 am
Both Fannie Mae and Freddie Mac will be offering a new program for home loan modifications beginning in July 2013. [read post]
2 Sep 2008, 8:03 pm
Having now become explicitly government-backed entities, Fannie Mae and Freddie Mac (and their supporters in Congress) can no longer argue that they do not pose a risk to taxpayers. [read post]
3 Apr 2009, 8:11 am
Just a few weeks after retention bonuses at American International Group became a national scandal, Fannie Mae and Freddie Mac, the two mortgage-financing giants that the government rescued last fall, have outlined plans to pay an additional $159 million in bonuses to retain employees in 2009 and 2010, on top of the nearly $51 million already paid out last year. [read post]
3 Apr 2009, 8:56 am
QUESTION: When will the buses go by the homes of big-bonus Fannie Mae and Freddie Mac executives? [read post]
16 Dec 2011, 5:11 pm
On Friday, the SEC brought a civil fraud suit against the former CEOs of Fannie Mae and Freddie Mac, as well as four other top executives. [read post]
18 May 2012, 1:21 pm
The new requirements: (i) entitle Freddie Mac to recapture premiums and buyups associated with mortgages that are paid off within 120 days of their sale to Freddie Mac, regardless of the reason for the payoff; (ii) remove the requirement that ARMs sold to Freddie Mac have a note rate, margin, and lifetime ceiling that are divisible by one-eighth of one percent; (iii) prohibit the sale of Mortgages encumbered by certain private transfer fee… [read post]
18 May 2009, 9:57 am
I've been in several heated discussions with well-educated but ignorant people about Fannie Mae's and Freddie Mac's role in the market meltdown. [read post]
24 Sep 2008, 9:46 pm
Davis has never -- never -- been a lobbyist for either Fannie Mae or Freddie Mac. [read post]
23 Apr 2011, 11:33 pm
Reiss (Brooklyn) has posted Fannie Mae, Freddie Mac, and the Future of Federal Housing Finance Policy: A Study of Regulatory Privilege, published in the Alabama Law Review, vol. 61 (2010). [read post]
1 Jul 2015, 1:04 pm
NEW YORK — The CEOs of government-backed mortgage giants Fannie Mae and Freddie Mac are getting large raises, to about $4 million a year, as the government relaxes rules that were imposed on the companies after they suffered big losses and were bailed out. [read post]
21 Sep 2008, 6:00 pm
Levitin (Georgetown) explains the tax motivation for structuring the Fannie Mae, Freddie Mac, and AIG bailouts so the Fed or Treasury Department wind up with 79.99% ownership of their stock: [T]he explanation is tax. [read post]
9 Jun 2014, 6:02 am
On June 5, FHFA announced it is requesting input on the guarantee fees charged by Fannie Mae and Freddie Mac to lenders. [read post]
30 Mar 2012, 7:21 pm
It seems that there are complications in winding up the Freddie Mac Foundation. [read post]
9 Nov 2011, 3:29 pm
When the government assumed Fannie Mae and Freddie Mac, it guaranteed that the two GSEs would have unlimited funds until the end of 2012. [read post]
19 Dec 2011, 2:00 am
Six former executives of Fannie Mae and Freddie Mac were charged, including the former CEO of Fannie Mae, Daniel Mudd, and former CEO of Freddie Mac, Richard Syron. [read post]
4 Dec 2010, 12:19 pm
" Donald Bisenius, executive vice president of the single family credit guarantee business at Freddie Mac, made the same point. [read post]
26 Jan 2023, 5:37 am
Yesterday, Fannie Mae and Freddie Mac issued instructions to servicers on replacement indices for their legacy single-family mortgage loans with 1-month, 6-month, and 1-year LIBOR indices. [read post]
11 Nov 2014, 12:13 pm
Additionally, Fannie Mae and Freddie Mac entered into governance and operating agreements for CSS. [read post]
23 Mar 2015, 8:07 am
The Progress Report describes activities Fannie Mae and Freddie Mac undertook in 2014 to further FHFA’s conservatorship goals: Maintain, Reduce, and Build. [read post]
