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21 Aug 2012, 8:00 am
., http://www.structuredfinancelitigation.com/files/2012/06/UBS-Interlocutory.pdf, Judge Denise Cote claimed that there was a single question as to if the FHFA may proceed with its federal securities laws’ claims against UBS regarding the sale of mortgage backed securities to Fannie Mae and Freddie Mac. [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]
18 Oct 2011, 9:00 am
Such a plan could be implemented for mortgages held by Fannie Mae and Freddie Mac, as we believe that such a plan would be entirely consistent with FHFA's obligation to minimize taxpayer losses in the Enterprises. [read post]
9 Nov 2010, 8:35 am
This pilot loan program is interesting in the wake of the PACE controversy, wherein property tax-based financing of home efficiency improvements were rejected by Fannie Mae and Freddie Mac, among others. [read post]
18 Feb 2009, 1:52 pm
Department of Housing and Urban Development's website has various links to further information.Fannie Mae's website and the Treasury Department's financialstability.gov also have further information.Former Secretary of Labor Robert Reich wrote a blog post on the proposal stating that the two most important aspects of the proposal are its support for bankruptcy modification of mortgage and the administration's support for Fannie Mae and Freddie Mac.New York Times… [read post]
21 Nov 2008, 8:38 am
The regulations imposed by HUD on Fannie Mae and Freddie Mac during 1995 an 1999 mandated an expansion in credit to those with lower incomes and reduced the required down payments for that credit. [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]
12 Jun 2008, 7:09 pm
Freddie Mac said today that the national average for a 30-year loan with a fixed rate is 6.32 percent with average points of 0.7. [read post]
10 Jun 2015, 5:31 am
CONCEALING FREDDIE GRAY’S AUTOPSY SERVES NO ONE CREATIVE JUSTICE: WHEN SENTENCES FOCUS ON SHAME MCKINNEY COP PLACED ON LEAVE AFTER CHOKESLAMMING 15 YEAR OLD GIRL LEAVE THE GUN, TAKE THE VIBRATOR SCOTUS’ MESSAGE IN MELLOULI: NO ONE SHOULD BE DEPORTED BECAUSE THEY WEAR SOCKS PEOPLE TO NYPD COMMISSIONER BRATTON: #NOROBOCOPS THE CRIME OF PUNISHMENT Read them all. [read post]
16 Mar 2009, 6:55 am
Frank led Democratic efforts to thwart reforms of Fannie and its sister GSE, Freddie Mac. [read post]
9 Apr 2011, 6:15 am
Along with the "big 5" mortgage servicers, there has been talk that federal mortgage giants Fannie Mae and Freddie Mac would be included as a part of the new "cash for keys" program. [read post]
28 Feb 2012, 5:22 pm
Other than the fact that luxury homes are hard for foreclosing banks to to sell, a large part of the pattern has to do with Fannie Mae and Freddie Mac rules. [read post]
28 Aug 2008, 6:03 pm
Mortgage rates moved slightly in buyers’ favor this week, according to Freddie Mac today. [read post]
23 Oct 2010, 6:01 am
[Steele, LEF] “How Fannie and Freddie Became a $363 Billion Liability” [John Hudson, Atlantic Wire] “Lawsuit of the Day: Kid Injured by ‘Deleterious’ Hot Sauce” [Legal Blog Watch] Tags: animal rights, campaign regulation, food safety, Long Island, mortgages, Phoenix, recusals Related posts Update: anti-milk suit dismissed (2) Suit demanding warnings on hot dogs (3) September 2000 archives, part 2 (0) Long Island parents bid bake sales adieu… [read post]
18 Nov 2008, 3:33 pm
By Alan White We now have foreclosure and mortgage modification reports coming from five sources on a periodic basis: the Mortgage Bankers Association National Delinquency Survey (watch for the 3rd quarter report due the first week of December), the FHFA report on Fannie/Freddie mortgages, the State Foreclosure Prevention Working Group, HOPE NOW and the OCC/OTS mortgage metrics from banks and thrifts. [read post]
8 Nov 2011, 5:04 am
Frank admitted that he had “ideological blinders” on when dealing with Fannie Mae and Freddie Mac. [read post]
HUFFPO: Federal Auditor Says Obama’s Anti-Foreclosure Effort Risks ‘Generating Public Anger And Mis…
26 Oct 2010, 4:03 am
The Treasury Department set aside $50 billion from TARP, plus another $25 billion from taxpayer-owned Fannie Mae and Freddie Mac, to give mortgage servicers thousand-dollar incentives to reduce monthly mortgage payments by modifying eligible homeowners’ loans. [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]
31 Jul 2008, 5:14 am
Both drawings showed bailed-out Fannie Mae and Freddie Mac tumbling from the sky as they ask a man on the ground labeled "taxpayers" to break their fall.Hope, in denying the alleged plagiarism, was quoted as saying: "It just seems that the muse struck twice but at a different time and place.... [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]
