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16 Dec 2011, 2:15 pm
At Freddie Mac, the executives claimed that Freddie's single-family business had no subprime exposure, according to the SEC. [read post]
16 Dec 2011, 12:31 pm
The SEC has indicted former Fannie Mae and Freddie Mac Excutives for Securities Fraud based on the subprime loan debacle. [read post]
16 Dec 2011, 11:57 am
From Freddie Mac, the SEC sued former Chairman of the Board and CEO Richard F. [read post]
16 Dec 2011, 11:41 am
Freddie Mac’s conduct was similar, according to the complaint. [read post]
16 Dec 2011, 9:13 am
As explained in the LA Times, the SEC is going after the former top executives of Fannie and Freddie. [read post]
16 Dec 2011, 8:24 am
The SEC charged six former top executives of the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) with securities fraud, alleging they knew and approved of misleading statements claiming the companies had minimal... [read post]
14 Dec 2011, 2:46 pm
Understanding the requirements imposed by Fannie Mae and Freddie Mac (the Enterprises) or the U.S. [read post]
14 Dec 2011, 2:04 pm
Forty percent of those have not made a payment on their mortgage in over two years… 70% haven’t made a payment in over a year, making them ineligible for a loan modification if their loan is owned by Fannie or Freddie. [read post]
14 Dec 2011, 7:51 am
When those mortgages are guaranteed by Fannie and Freddie, the credit reserve requirement is cut by 80% resulting in a more than 60-1 leverage. [read post]
14 Dec 2011, 7:16 am
She testified she notarized 25,000 false documents on notices of default for Bank of America, Washington Mutual, Fannie Mae and Freddie Mac. [read post]
13 Dec 2011, 11:02 pm
And no… it wasn’t Fannie and Freddie either… look it up for yourself if you don’t believe me. 4. [read post]
13 Dec 2011, 4:12 pm
Taxpayers effectively own Fannie and Freddie. [read post]
12 Dec 2011, 11:41 pm
If we want mortgage relief to stabilize the housing market, there are lots of ways the government could accomplish that, given its control over of a vast number of troubled mortgages through its conservatorship of Fannie and Freddie. [read post]
12 Dec 2011, 9:43 pm
Fannie/Freddie genre of government-sponsored enterprises called “monstrous moral hybrids” [Mark Calabria, Cato] Posner: lawyers appeared more likely to run junk-fax suit for own interests than clients’ [Beck, Trask (Creative Montessori Learning Centers v. [read post]
12 Dec 2011, 7:43 pm
The Mortgage Bankers Association, the National Association of Realtors, and the National Association of Homebuilders told lawmakers that redirecting revenue from Fannie and Freddie for purposes unrelated to the health of the housing finance system is counterproductive. [read post]
12 Dec 2011, 5:30 pm
According to Freddie Mac’s website: Every day, Freddie Mac provides a continuous flow of funds to mortgage lenders. [read post]
12 Dec 2011, 5:58 am
WSJ A watchdog with a bite: Fannie and Freddie and the Federal Housing Financing Agency are facing lots of questions from the regulator’s new inspector general, Steve Linick. [read post]
12 Dec 2011, 5:00 am
Home Ownership University posted FHA, Fannie and Freddie guidelines in their recent article. [read post]
11 Dec 2011, 2:07 pm
A spokesman for Rattner acknowledged he attended and said he didn’t trade in Fannie Mae– or Freddie Mac-related instruments after the meeting. [read post]
10 Dec 2011, 9:23 am
The poster children for this problem, Fannie Mae and Freddie Mac, have sucked more than $100 billion from taxpayers and continue to live on like immortal vampires feasting on America’s gross domestic product. [read post]
