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12 Nov 2008, 3:01 am
Anyway, Bair is now being mooted, possibly by her flacks, as a candidate for Obama's Treasury Secretaryship, and entirely coincidentally, she has decided to critique today's homeowner mortgage relief program announced by Fannie and Freddie as "fall[ing] short of what is needed. [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]
10 Nov 2008, 8:01 am
A women connected with both the failure to stop 9/11 and the Fannie/Freddie crisis. [read post]
29 Oct 2012, 1:03 am
One likely defense available to BofA relates to the timing of the alleged false claims: the immediate victims of Countrywide’s alleged misconduct were the private corporations originally incorporated by the government, Fannie Mae and Freddie Mac, whose subsequent federal takeover constituted taxpayer-funded bailouts. [read post]
1 Jun 2012, 2:50 pm
According to the CFPB, the loan data, which contains loan-level information on the characteristics and performance of all single-family mortgages purchased or guaranteed by Fannie Mae and Freddie Mac, can be used to analyze the impact of certain variables on a consumer’s ability to repay such as debt-to-income ratio. [read post]
9 Dec 2010, 7:51 am
This creates a problem because the holders of the first mortgage, usually guaranteed by mortgage giants Fannie Mae and Freddie Mac, are already agreeing to accept less than the amount owed on the mortgage and compensating the holders of second mortgages increases this gap. [read post]
3 May 2015, 8:03 pm
Here are some excerpts from his interview:Famed defense attorney and legal scholar Alan Dershowitz had harsh words for Maryland state attorney Marilyn Mosby, who on Friday announced stiff charges against six Baltimore police officers involved in the death of Freddie Gray. [read post]
9 Mar 2012, 4:07 pm
The blog covers topics that include Fannie Mae and Freddie Mac, relevent legislation and regulation, mortgage repurchases and residential mortgage-backed securities. [read post]
2 Jun 2014, 1:38 pm
The driver of the pickup truck was identified in the news reports as Freddy Hinojosa, who was unhurt after the accident. [read post]
8 Feb 2012, 8:37 am
(The first phase of structured credit, Fannie/Freddie/etc., were logical - like going from copper to fiber-optics. [read post]
20 Mar 2009, 6:58 am
Jumbo loans are too big to be insured by Fannie Mae or Freddie Mac. [read post]
13 Dec 2008, 11:43 pm
And Frank publicly said Fannie Mae and Freddie Mac were in “good shape going forward,” just weeks before both government entities collapsed. [read post]
2 Jan 2016, 11:00 am
He rationalizes leaving the White House for an investment bank, using political connections to amass “$18 million in just two-and-a-half years,” making six-figure fees from a board seat at Freddie Mac, and savaging anyone who dares question the priorities and self-righteousness and sanctimony of multimillionaires who “just want to make the world a better place. [read post]
19 Nov 2007, 12:23 pm
Two of the larger fines in 2006 were issued against American International Group (AIG) and Fannie Mae, at $800 million and $400 million, respectively. 2007’s fines include $50 million against Freddie Mac, $45 million against ConAgra Foods, $81 million against HealthSouth founder Richard Scrushy, and $208 million against Deutsche Bank. [read post]
23 Mar 2011, 11:35 am
(Photo courtesy of Freddy Sarabia www.rainmantravel.com and Sun-Sentinel) Fortunately, both drivers were able to escape the fire without losing their lives. [read post]
5 Mar 2009, 7:00 am
Fannie Mae and sibling company Freddie Mac were seized by federal regulators last fall. [read post]
14 Nov 2008, 3:51 pm
The questionnaire also focuses on the applicants’ previous work history including, in particular, whether the applicant has worked for companies implicated in the current economic crisis, such as Fannie Mae, Freddie Mac, AIG, and Washington Mutual Bank. [read post]
8 Apr 2009, 4:31 am
His failure to consider his misdeeds is particularly telling given his repeated defenses over the years of Fannie Mae and Freddie Mac, the Government-Sponsored Enterprises (GSEs) whose failure sparked the financial meltdown. [read post]
14 Aug 2011, 2:22 pm
Rather than turn us into a nation of renters under the recent suggestion that Freddie and Fannie rent their foreclosed properties or sell them as rentals, NACBA suggests again that a Chapter 13 bankruptcy can be modified to help families avoid foreclosure on massively underwater property. [read post]
17 Dec 2010, 1:44 pm
The program's failure is partly due to bad program design, but also because Fannie Mae and Freddie Mac, charged with administration and enforcement of the HAMP contracts with banks, have failed in their roles. [read post]
