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7 Nov 2008, 4:05 pm
If that happens many people--most obviously, the same people who insist that the collapse of Fannie Mae and the associated difficulties are the fault of laissez-faire and deregulation--will conclude that only massive intervention preserved us from a still worse outcome. [read post]
25 Sep 2008, 6:00 pm
At the center of this crisis are Fannie Mae and Freddie Mac. [read post]
24 Dec 2010, 8:38 pm
Fannie Mae and Freddie Mac have halted foreclosure evictions during the Christmas and New Year's holidays. [read post]
30 Sep 2008, 4:08 pm
It's pure speculation, but I think AIG is more likely to get Enronized than Lehman, and I suspect that Congress, quite hypocritically, will be baying for a little blood from Fannie and Freddie. [read post]
18 Dec 2008, 9:33 am
The housing market did not collapse until Fannie and Freddie, the GSEs, did.So much for a blog with "truth" in the title.evoked a quick response:Lie? [read post]
27 Dec 2008, 12:01 am
Russ Roberts writes: There are four factors that helped drive up the price of real estate in the United States and create the housing bubble: The GSEs (Fannie and Freddie), the Community Reinvestment Act, expansionary monetary policy starting in 2001, and the 1997 Taxpayer Relief Act that for the first time let people avoid capital gains on home price appreciation without having to rollover the gains into a bigger house.We have heard a great deal about the first three, but Russ… [read post]
19 Mar 2011, 1:29 pm
The very attractive mother of two wears a size 10 or 12, and credits good luck and good genes for her hot pants worthy fanny. [read post]
29 Sep 2008, 5:06 pm
After all, the seizure of Fannie and Freddie, the takeovers of AIG and WaMu, the modified Paulson plan â€â [read post]
28 Mar 2013, 9:30 pm
Federal Housing Finance Agency (FHFA) announced Fannie Mae and Freddie Mac’s new Streamlined Modification Initiative to help delinquent borrowers avoid foreclosure.The FDA approved a one-of-a-kind botulism antitoxin.The EPA and the Department of Housing and Urban Development (HUD) announced plans to administer agency-wide furloughs as a result of the sequester.United States Department of Agriculture (USDA) announced its plan to expand its StrikeForce for Rural… [read post]
14 Feb 2011, 6:19 pm
Here is our weekly list of selected news stories that we are following: The Obama Administration proposes a plan to reform the housing mortgage market, including winding down Fannie Mae and Freddie Mac In his speech to the U.S. [read post]
12 Nov 2008, 12:12 am
So far, Sallie Mae's relatively respectable performance bodes well, as it has avoided the fate ensnaring its former cousins, Freddie Mac and Fannie Mae. [read post]
25 Jul 2011, 6:30 am
The Fannie Lou Hamer PAC, which is named after a Mississippi voting rights activist who died in 1977, is even threatening to take the state to court if districts are not redrawn to mirror the voting power of Maryland’s minorities, the Post reports. [read post]
5 Jun 2009, 3:02 pm
Unlike GM, AIG, Freddie Mac, Fannie Mae, or Citigroup, CA cannot give the federal government equity in exchange for loans. [read post]
30 Nov 2010, 1:29 pm
(Fannie, and Freddie, to be sure, remain waaaay out of the money). [read post]
7 Feb 2012, 8:00 am
In a series of private meetings and in letters to FHFA, Senators and Members of Congress have asked the FHFA to use its authority over Fannie Mae and Freddie Mac to require them to agree to the Principal Paydown Plan when proposed by a homeowner trying to save a home in chapter 13 bankruptcy. [read post]
22 Sep 2011, 5:00 am
The last book banned in the United States was John Cleland’s 1749 novel, Fanny Hill (or Memoirs of a Woman of Pleasure). [read post]
29 Nov 2007, 10:31 am
But despite the quarterly national-level gloom in the OFHEO home price index, which is based on purchase and refinance transactions in the Freddie Mac and Fannie Mae portfolios, there are obviously some places doing better than average. [read post]
10 Jan 2011, 4:00 pm
While the above mentioned revision to the HAFA guidelines are in the right direction, the revisions to HAFA do not apply to first lien mortgages that are owned or guaranteed by Fannie Mae, Freddie Mac, or insured by a federal agency such as the Federal Housing Administration. [read post]
12 Dec 2011, 9:43 pm
Fannie/Freddie genre of government-sponsored enterprises called “monstrous moral hybrids” [Mark Calabria, Cato] Posner: lawyers appeared more likely to run junk-fax suit for own interests than clients’ [Beck, Trask (Creative Montessori Learning Centers v. [read post]
27 Dec 2011, 4:24 am
The federal government is suing to overturn Chicago’s law requiring lenders to maintain properties they don’t own [WSJ editorial]: Earlier this month the federal agency that oversees Fannie Mae and Freddie Mac sued Chicago for its vacant-buildings ordinance, which requires that a “mortgagee” register vacant properties, pay a $500 fee to the city, comply with onerous maintenance requirements and face a $1,000 daily fine for noncompliance. [read post]
