Search for: "The Fannie"
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17 Sep 2007, 8:39 am
[Fannie's Room] Cheap Beer Informality in interviews. [read post]
13 Dec 2009, 7:22 am
Investment trusts, labor unions, pension funds, local municipalities, school boards and charitable foundations, required by law in most states to only invest in prudent, and otherwise conservative fixed income securities and preferred shares, have collectively lost tens of billions in the securities of Wachovia, Fannie Mae, Freddie Mac, Bear Stearns, and Lehman Brothers. [read post]
17 Jan 2009, 5:36 am
Wall Street did get "drunk" but Washington had set up the open bar.For that matter, most everyone else was also drinking the free booze: from homebuyers who put nothing down for a loan, to a White House that bragged about record home ownership, to the Democrats who promoted and protected Fannie Mae and Freddie Mac. [read post]
19 Mar 2009, 12:09 am
Fannie and Freddie are going to pay bonuses too.The psychology of passive barriers. [read post]
22 Sep 2008, 4:12 am
Meanwhile, Indian leftists are stunned at nationalisation in a country they view as pitilessly capitalist.Two of the nationalised corporations, Fannie May and Freddie Mac, are by far the biggest mortgage lenders in the world, with $5 trillion of mortgages and loans on their books. [read post]
7 Jan 2011, 8:29 am
According to the SEC, Chironis sold the nunandrsquo;s mortgage-backed securities, including securities guaranteed by the Federal Home Loan Mortgage Corporation (Freddie Mac), the Federal National Mortgage Association (Fannie Mae), and the Government National Mortgage Association (Ginnie Mae), and from January 1, 2007 through January 31, 2008, made almost a million dollars ($959,027) churning the nunandrsquo;s accounts in questionable bonds, with undisclosed mark-ups and mark-downs. [read post]
19 Feb 2010, 12:47 pm
And this is the same CPS that plans to fanny about with 'Community Prosecutors'. [read post]
1 Dec 2008, 3:32 pm
If you are refinancing a Mortgage secured by property located in New York State for delivery to Freddie Mac, your attorney or mortgage professional should use the most current version of the New York Consolidation, Extension and Modification Agreement Single-Family Fannie Mae/Freddie Mac Uniform Instrument (Form 3172). [read post]
17 Nov 2016, 6:57 pm
Federal Housing Finance Agency: Objectives Needed for the Future of Fannie Mae and Freddie Mac After Conservatorships, GAO-17-92: Published: Nov 17, 2016. [read post]
17 Sep 2008, 6:42 pm
Additionally, today the Mortgage Bankers Association reported that new mortgage applications surged following the interest rate decreases that occurred after the government’s announcement that it would provide big heaps of financial backing to save Fannie Mae and Freddie Mac. [read post]
9 Apr 2012, 8:22 pm
As icing on the cake, the law also blocks bonuses to Fannie Mae (FNMA) and Freddie Mac (FMCC) executives while each company remains under government conservatorship. [read post]
30 Oct 2011, 11:04 am
With some help from Cato colleagues: As bailouts go, Fannie/Freddie’s is on track to cost more than TARP [Mark Calabria; related, Arnold Kling] “Engineering the Financial Crisis: Systemic Risk and the Failure of Regulation” [Cato forum this past Thursday] Just like Valley Forge out there in the snow? [read post]
6 Oct 2007, 1:15 am
(photo courtesy of JapaneseCanadianHistory.net)... 1917 (80 years ago today), in Montgomery Country, Mississippi, Fannie Lou Hamer was born. [read post]
11 May 2012, 12:17 pm
In July 2011, as conservator for Fannie Mae and Freddie Mac (the GSEs), FHFA initiated multiple lawsuits alleging that billions of dollars of MBS purchased by the GSEs were based on offering documents that “contained materially false statements and omissions. [read post]
26 Feb 2011, 5:41 am
-Oregon Credit Unions--Next on the obligatory Chopping Block for State Income Taxes -Is it Bye Bye to Fannie and Freddie? [read post]
13 Feb 2008, 7:27 am
Increase the availability of mortgages by providing a one-year boost to the cap on loans Fannie Mae and Freddie Mac can buy, from $417,000 up to $729,750 in high-cost markets.Information Courtesy of:Assocaited PressThe package amounts to about 1% of U.S. gross domestic product.Taxpayers will not have to apply for the rebate; it would come automatically based on their 2007 tax return.Economists who have analyzed the numbers say it will give the economy a much-needed boost in the middle of… [read post]
26 Apr 2011, 12:23 pm
There have already been dramatic changes to the regulations governing mortgages, observed the ABA, with the result that mortgage loans with lower risk characteristics, which include most mortgage loans being made by community banks today, should be exempted from the risk retention requirements regardless of whether sold to Fannie Mae and Freddie Mac or to private securitizers.Under the proposal, for the loan to qualify for the risk retention exemption, borrowers must make at least a 20… [read post]
27 Jan 2011, 5:15 am
Even though Citigroup, Inc. appears to be pulling out of the depths that caused it to receive a multi-billion dollar government bailout, it potentially faces another round of billion dollar mortgage repurchase requests from Fannie Mae and Freddie Mac, along with other investors that bought mortgage backed securities that contained non-performing mortgages. [read post]
12 Apr 2021, 10:56 am
., FHA, VA, Fannie Mae, or Freddie Mac); Sending certain important communications to borrowers by FedEx, UPS, or other weighted mail options, to help encourage borrowers to open mail that they may otherwise discard as a routine communication; and Providing information in multiple languages to better assist Limited English Proficient borrowers. [read post]
13 Jun 2011, 4:02 pm
The lead villain is James Johnson, head of Fannie May and a Minnesota Democrat associated with Mondale and Kerry. [read post]
