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16 Jan 2010, 7:19 am
This is in addition to the approximately 2,300 other lenders who service GSE loans (owned or guaranteed by Fannie Mae or Freddie Mac).The report relates the following steps made in the permanent mortgage modifications (by "waterfall steps") : 1. interest rate reduction (100% of mortgages), 2. term extension (43.2% of mortgages), and 3. principal forbearance (26.6% of mortgages).Jordan E. [read post]
13 Jul 2009, 4:00 am
Marianna and Freddie Patek were arrested by law enforcement officials and face criminal charges including child endangerment and tampering with evidence. [read post]
9 Mar 2009, 7:50 am
Geithner has been trying to stretch government money by working with private investors, the Federal Reserve and government-controlled companies like Fannie Mae and Freddie Mac, the mortgage giants. [read post]
13 Oct 2011, 10:47 am
For the millions of underwater mortgages that are held by Fannie Mae and Freddie Mac, the government would just be paying itself. [read post]
11 Nov 2010, 6:43 am
Department of Veterans Affairs (VA), Fannie Mae and Freddie Mac bring the potentially fraudulent practices into the reach of federal law enforcement. [read post]
2 Oct 2007, 10:19 pm
The plaintiff side ran a very, very narrow and technical legal argument.They argued that a court would never - read my lips - ever - find that the plaintiff contributed to its own loss as a result of a fraud, notwithstanding the fraud by the defendant's employee went undetected, in large part, because of the plaintiff's woeful back office systems.And they had contributory negligence cases to die for - even a House of Lords decision bang on point - which go down big here... apparently the… [read post]
11 Sep 2008, 6:01 am
Juggles over at Long or Short Capital passes along this fictional thank-you note from Treasury Secretary Hank Paulson to American taxpayers after this week's seemingly inevitable federal bailout of Freddie Mac and Fannie Mae (prior posts here): Dear US Taxpayer, I would like to congratulate you on your recent purchase. [read post]
24 Jun 2016, 12:40 pm
It's no big secret: Because the person acquitted was a cop -- the lead Freddie Gray defendant.He was acquitted notwithstanding a hostile jurisdiction, a grandstanding prosecutor, a courthouse mob outside the building that could be heard inside, a poorly-hidden assumption of malice within the dominant culture, the widespread deep-sixing of the presumption of innocence, a long-ago trial and conviction in the media, and an overall circus atmosphere.These are exactly the… [read post]
21 Aug 2011, 6:05 am
The changes will not apply to loans owned or guaranteed by the big mortgage companies Freddie Mac and Fannie Mae, which account for roughly half of all mortgages. [read post]
30 Aug 2019, 11:48 pm
His clownish persona has not aged well, especially the skits in which he played a bum (Freddy the Freeloader), a dimwit (Clem Kaddidlehopper), or a drunk (Willie Lump Lump). [read post]
10 Dec 2007, 12:18 pm
Young, Notes From Academe: Ethics Meets Freddy Krueger, December 7, 2007.See also Carol J. [read post]
18 Dec 2009, 9:00 am
HUD Secretary Donovan, Governor Paterson, Senator Schumer, Starrett's ownership, Wells Fargo Multifamily Capital, and Freddie Mac have all been valued partners in this process, and I thank them for their dedication and for helping to brighten the holiday season for Starrett's tenants. [read post]
30 Sep 2008, 3:36 am
The very last report outlines legislation over the years, a very interesting read.On Housing Finance, the Difference between Democrats and Republicans Has Been Night and DayThe Truth about the Community Reinvestment Act*** The Truth versus the Republicans on the Regulation of Subprime Mortgages and Fannie Mae and Freddie MaceAdvocateSex Offender Issues, Research and the Truth from eAdvocate [read post]
5 Aug 2009, 4:31 am
As it no longer had a head, it had stopped struggling, but she has always been conscientious about chewing her food.I suppose Freddy from the Friday the 13th movies is a good analogy for cats as seen through the eyes of their prey. [read post]
22 Nov 2011, 5:54 am
., the New York foreclosure firm that came under fire for hosting a party mocking the homeless, will be closing its own doors after Fannie Mae and Freddie Mac stopped referring cases to the company, the New York Law Journal reports. [read post]
4 Jan 2011, 9:15 am
What had changed was the Fed using every tool in its toolkit -- and a few that people didn't even know were in there -- to keep interest rates low, the federal government handing first-time home buyers $8,000 to get into the market, and Fannie Mae and Freddie Mac buying virtually every mortgage that was issued. [read post]
7 Nov 2010, 9:00 pm
Democrats, who must weary of defending the indefensible Fannie and Freddie, would allow the Republican congress to eviscerate those money-losing government-sponsored enterprises in exchange for a tax-raising cap on the mortgage interest deduction, perhaps the 28% cap that President Obama has suggested in both of his first two budgets. [read post]
7 Jan 2011, 1:16 pm
In 2003, he led an investigation into accounting fraud at Freddie Mac, the now-government controlled housing finance giant. [read post]
9 Feb 2010, 1:08 pm
Michelle explained that it takes a lot of effort to find some of the pearls in SEC filings that she and her team have uncovered over the years -- "things like Freddie Mac’s lush employment agreement with its new CFO or Chesapeake Energy’s $12.1 million map collection" -- and that Morningstar’s global reach and the resources that they’ve committed to growing footnoted will mean that she can hire additional staff to grow the publication. [read post]
5 Dec 2022, 8:45 am
We recently reported on the residential mortgage loan limits for loans purchased by Fannie Mae and Freddie Mac in 2023. [read post]
