Search for: "Fannie Mae"
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16 Nov 2009, 7:34 am
He possesses a unique ability to overlook the role he played, turning a blind eye to problems at Fannie Mae and Freddie Mac, two former government- sponsored enterprises that were placed in conservatorship last year. [read post]
12 Nov 2009, 10:55 am
Fannie Mae was looking to expand the home ownership by low-income people. [read post]
12 Nov 2009, 8:12 am
Homeowners would sign over all interest in the homes to Fannie Mae. [read post]
11 Nov 2009, 7:31 am
If so, Fannie Mae's net worth would be reduced by that amount, and it would need more money to shore up its balance sheet. [read post]
10 Nov 2009, 1:15 am
" Â Former Federal Judge to Serve as Special Master in Fannie Suit "The five-year-old Fannie Mae securities litigation has been bogged down in more than its fair share of discovery disputes. [read post]
8 Nov 2009, 7:36 pm
To do business with Fannie Mae, lenders must now have a net worth of at least $2.5m â€â [read post]
8 Nov 2009, 2:51 pm
• Fannie Mae is seeking an additional $15 billion in financing from the government after reporting a third quarter loss of $18.9 billion. [read post]
6 Nov 2009, 8:15 pm
Why would Fannie Mae do this? [read post]
6 Nov 2009, 4:58 pm
As expected, the Treasury Department blocked the sale of Fannie Mae's unused tax credits to Goldman Sachs late Friday, arguing that the government would lose more money on taxes than it would gain from the proposed deal. [read post]
6 Nov 2009, 7:23 am
For example, bondholders were fully covered in the bailouts of AIG, Bank of America, Citigroup, and Fannie Mae, while these firms' shareholders had to bear large losses. [read post]
5 Nov 2009, 3:04 pm
News release: "Fannie Mae is implementing the Deed for Lease â„¢ Program under which qualifying homeowners facing foreclosure will be able... [read post]
5 Nov 2009, 8:32 am
AP reports on a new Fannie Mae program to allow homeowners who can't pay their mortgages to rent instead: Thousands of borrowers on the verge of foreclosure will soon have the option of renting their homes from Fannie Mae, under a policy announced Thursday. [read post]
4 Nov 2009, 3:05 pm
Further, Buffett's firm is bidding for Fannie Mae's low-income tax credits, which are not of use when Fannie is losing money but can be sold for a significant boon to the buyer in reduced taxes. [read post]
3 Nov 2009, 5:02 pm
This is similar to claims made concerning the sales of auction-rate securities and recommendations prior to the Lehman, Fannie Mae, and Freddie Mac debacles. [read post]
3 Nov 2009, 3:06 pm
I. [read post]
2 Nov 2009, 2:05 am
The FBOP banks had their share of troubled loans, but the collapse of FBOP’s banks was, according to the Chicago Tribune (here), the result of "an abrupt reversal of fortune last year when the government takeover of Fannie Mae and Freddie Mac exposed the holding company’s large concentration of Fannie and Freddie preferred stock. [read post]
31 Oct 2009, 8:52 pm
The old rules imposed nationwide by mortgage giants Fannie Mae and Freddie Mac, according to realtors and mortgage brokers, produced appraisals often below the agreed-upon price, causing delays and disputes and the necessity for multiple appraisals. [read post]
31 Oct 2009, 5:29 am
 I’ll get back to the point of the story… So now, ex-Fannie Mae Chief Credit Officer Edward Pinto has come out attacking Treasury’s claim that 500,000 homeowners have entered the HAMP loan modification program. [read post]
29 Oct 2009, 5:06 am
The “Ohio, Single-Family, Fannie Mae/Freddie Mac” uniform mortgage deed form (hereinafter the “Form”) imposes such an obligation on the lender prior to acceleration of the debt and foreclosure of the mortgage. [read post]
22 Oct 2009, 11:02 am
This is like the mortgage business in a way.You fill out paper work, provide supporting documentation that indicates you are a good risk and can indeed pay back the loan, and you get your money.This is the way business was done before Congress, ACORN and Fannie Mae pushed the banks into making loans to people that did not qualify. [read post]
