Search for: "Federal National Mortgage Association, "Fannie Mae""
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16 May 2010, 4:17 am
” When his organization brought the case to Fannie Mae, Wells Fargo was “embarrassed into” reversing its decision, according to Trauss. [read post]
10 May 2010, 9:07 pm
Marchant (R-TX) on 3/3/10 Summary: Amends the Federal National Mortgage Association Charter Act and the Federal Home Loan Mortgage Corporation Act to prohibit the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation Act (Freddie Mac) from purchasing a single-family housing (1-to-4 family residence) mortgage unless the… [read post]
3 May 2010, 11:50 pm
The Federal National Mortgage Association is today’s Fannie Mae, and it was originally established in 1938 as part of FDR’s New Deal. [read post]
30 Apr 2010, 6:35 pm
Covered employees are defined as both as employees of the company and non-employee directors of a major federal emergency economic assistance recipient.The Act defines major federal emergency economic assistance recipients as financial institutions of which the federal government acquired an equity interest of more than $5 million pursuant to a program authorized by the Emergency Economic Stabilization Act of 2008, as well as the Federal National… [read post]
6 Apr 2010, 2:00 pm
"It's no one cause" she said--you can't blame it on Fannie Mae or any of those current whipping posts. [read post]
26 Mar 2010, 7:13 pm
Besides the modification program, the government also has taken over Fannie Mae and Freddie Mac; created and prolonged a first-time home buyers' tax credit; and increased the role of the Federal Housing Administration, which in 2009 insured nearly 30% of single-family mortgages. [read post]
24 Mar 2010, 9:53 pm
Herb had a cup of coffee at the helm of Fannie Mae in 2008, so crackerjack work there. [read post]
22 Mar 2010, 7:21 pm
A paranoid person might suspect that there's a method to this madness, that the federal regulators have decided to nationalize the entire commercial banking system of this country, in the same way that it's in the process of effectively nationalizing the residential mortgage lending business through its de facto nationalization of Fannie Mae and Freddie Mac and its dramatic expansion of FHA lending. [read post]
9 Mar 2010, 12:41 pm
” According to Judicial Watch’s motion filed on March 5, 2009, Fannie and Freddie are no longer private enterprises, and therefore their records are subject to FOIA law: “At issue in this Freedom of Information Act (‘FOIA’) lawsuit is whether FHFA, the federal agency that has custody and control of the records of Federal National Mortgage Association (‘Fannie Mae’) and… [read post]
9 Mar 2010, 12:14 am
This has been especially true during the continuing financial crisis, with Fannie Mae, Freddie Mac and the Federal Housing Administration propping up the housing market by issuing guarantees for investors on most new mortgages. [read post]
4 Mar 2010, 4:13 pm
Covered employees are defined as both as employees of the company and non-employee directors of a major federal emergency economic assistance recipient.The Act defines major federal emergency economic assistance recipients as financial institutions of which the federal government acquired an equity interest of more than $5 million pursuant to a program authorized by the Emergency Economic Stabilization Act of 2008, as well as the Federal National… [read post]
4 Mar 2010, 5:09 am
Byrne focused his presentation on the new guidelines issues by the Federal Housing Administration ("FHA"), the Federal National Mortgage Agency ("Fannie Mae") and Federal Home Loan Mortgage Corporation ("Freddie Mac") in relation to loans made in condominiums. [read post]
26 Feb 2010, 10:44 pm
And one says that Fannie Mae (FNMA) needs funds. [read post]
16 Feb 2010, 4:50 pm
Covered employees are defined as both as employees of the company and non-employee directors of a major federal emergency economic assistance recipient.The Act defines major Federal emergency economic assistance recipients as financial institutions of which the federal government acquired an equity interest of more than $5 million pursuant to a program authorized by the Emergency Economic Stabilization Act of 2008, as well as the Federal National… [read post]
12 Feb 2010, 4:39 pm
” The Act states that information typically requested by entities like the federal national mortgage association and the department of housing and urban development is discoverable in a resale certificate if it is reasonably available to the association. [read post]
5 Feb 2010, 6:05 am
None of the most prominent failures of the financial crisis—Fannie Mae, Freddie Mac, AIG, Bear Stearns, or Lehman Brothers—were deposit-taking banks. [read post]
29 Jan 2010, 8:58 am
In that role he advised, among others, the directors at the Federal National Mortgage Association (Fannie Mae) during its accounting scandal in 2004. [read post]
31 Dec 2009, 6:21 pm
Well, we can summarize four type of owners of mortgage notes: -the originator (the rarest of cases), -a securitized trust (known as a REMIC), -Fannie Mae (Federal National Mortgage Association) -or Freddie Mac (Federal Home Loan Mortgage Corporation). [read post]
24 Dec 2009, 6:31 am
The chapter also considers the receiverships of AIG and government-sponsored enterprises (principally Fannie Mae and Freddie Mac), the engineering-assisted transactions (including JP Morgan’s acquisition of Bear Stearns and Bank of America’s purchase of Merrill Lynch), as well as other measures adopted to stabilize troubled financial institutions. [read post]
30 Nov 2009, 9:41 am
 After all, Fannie Mae and Freddie Mae stood as the nation’s mortgage giants. [read post]
