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10 Oct 2010, 7:00 am
As mortgage delinquencies, defaults and foreclosures have continued to pile up across the nation, Fannie Mae and Freddie Mac began pushing back loans to servicers last year. [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]
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]
6 Sep 2017, 7:21 am
Previously, we wrote about guidance from HUD, the Department of Veterans Affairs, Freddie Mac, and Fannie Mae, as well information from the banking agencies regarding Hurricane Harvey.bacon [read post]
5 Mar 2012, 12:02 pm
Among the previously unreleased tracks reportedly stolen by the hackers were duets with Will.i.am of the Black Eyed Peas and Freddie Mercury, the deceased former lead singer of Queen. [read post]
14 May 2008, 7:30 am
., the ones guaranteed by Fannie Mae and Freddie Mac). [read post]
28 Nov 2017, 9:47 am
Hatem, who was a Palestinian and a Muslim, allegedly received taunts calling him a terrorist, quizzing him regarding the location of his camel, and questioning why he went by the western nickname of “Freddie. [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]
24 Apr 2007, 7:15 am
Essentially, you become the insurance company.Take the case of Freddy Aguilera, who was hired at $65.00 per day to install rain gutters. [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]
25 Nov 2008, 10:33 pm
In a separate move, the Fed announced that it will purchase $500 billion in mortgage-backed securities backed by Freddie Mac and Fannie Mae and directly buy up $100 billion of the troubled lenders' debt. [read post]
7 Nov 2010, 8:25 am
Scott's sworn testimony is a statement that the officers were alerted as to when Fannie Mae and Freddie Mac auditors were coming to the office so that employees could "alter client codes and hide files" that were being handled improperly. [read post]
12 Jun 2008, 6:09 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]
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]
9 Feb 2012, 8:36 am
From what I can see, the settlement does not completely eliminate the notorious "dual tracking" of foreclosures and workouts, which Fannie Mae and Freddie Mac will continue in any event given that they are not covered by this deal. [read post]
6 Nov 2010, 3:22 pm
If Fannie/Freddie used it, doesn't that make it all right? [read post]
10 Oct 2010, 8:08 pm
A top aide to the House Speaker profited by trading shares of Freddie Mac and Fannie Mae in a brokerage account with her husband two days before the government authorized emergency funding for the companies. [read post]
8 Mar 2010, 5:13 pm
The FHA stated that these changes would align FHA with Fannie Mae and Freddie Mac and will potentially increase the number of loan correspondents (mortgage brokers) who are eligible to participate in the origination of FHA-insured loans while providing for more effective oversight of loan correspondents through the FHA-approved mortgage lenders. [read post]
30 Dec 2008, 9:21 am
As detailed below, the story has a serious side (even though it also demands spending time watching this classic comedy video): The death of Freddy the parrot could be debated in federal courts. [read post]
15 Dec 2010, 5:19 pm
They appear to argue that there was nothing wrong in the way financial institutions were operating - it was all Fannie, Freddie, and the Community Reinvestment Act of 1977 (that evidently slow-acting time bomb that also somehow exploded across Europe).They also apparently demanded that the main report not use the terms Wall Street, deregulation, interconnectedness, and shadow banking, and followed this strange counsel in their own document. [read post]