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25 Sep 2007, 6:49 am
His correct name is Freddy J. [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]
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]
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]
3 Oct 2010, 4:25 am
Chase also offered more than 304,000 modifications through Fannie Mae and Freddie Mac, but only 20 percent were approved through these programs and just 15 percent received a permanent modification. [read post]
21 Nov 2011, 5:18 am
National: Poll: Americans divided on companies that hire lobbyists Federal: Administration Officials Double as Obama Campaign Speakers Corporate Lobbying Is a Very Exclusive Club Gingrich Said to Be Paid By Freddie Mac to Court Republicans Obama Administration Extends Review of Lobbyist Gift Ban From the States and Municipalities: Alaska FEC Rejects Miller’s Senate Race Complaint Arizona Former Fiesta Bowl Employee Indicted California FPPC Sticks with $30,000 Fine for Lobbyist Frank… [read post]
5 Feb 2010, 12:57 pm
And where do you plug in Fannie/Freddie, or AIG? [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]
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]
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]
12 Jun 2012, 8:34 am
Under new rules taking effect on June 15, 2012, Fannie Mae and Freddie Mac will be required to provide a final decision on a short sale within 60 days of its submission. [read post]
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]
6 Jan 2011, 12:03 pm
No one seems to be supporting Fannie Mae and Freddie Mac, and all seem to call for the end of government guarantees of residential mortgages. [read post]
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]
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]
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]
24 Jan 2012, 10:27 am
My conclusion: If Mitch Daniels’s effective tax rate is 30 percent rather than 15 percent, and if he was never paid $1.6 million by Freddie Mac, he can be the next president.By the way, Mitch Daniels was my original, provisional choice for the GOP nomination, in part because I'm sentimental about Indiana. [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]
31 Oct 2010, 4:10 am
The mortgage lender, which closed down last year amid a criminal investigation as one of the largest loan suppliers to Freddie Mac, said in its filing that the expenses associated with paying taxes and maintaining the 37 properties, which have been abandoned by their owners, is approximately $91,000 more than what they are worth. [read post]
6 Sep 2008, 2:55 pm
And the Fannie Mae and Freddie Mac examples should illustrate what happens when future risk involving public money isn't properly accounted for. [read post]
