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14 Apr 2009, 4:33 am
The announcement is expected "in coming days," the source told the news service, adding that Michael Williams, Fannie Mae's chief operating officer, is expected [...] [read post]
10 Apr 2009, 6:09 am
The administration's plan was praised for expanding access to mortgage refinancing through Fannie Mae and Freddie Mac, which could help an estimated 5 million homeowners, and for giving lenders financial incentives to allow loan modifications. [read post]
8 Apr 2009, 4:31 am
His failure to consider his misdeeds is particularly telling given his repeated defenses over the years of Fannie Mae and Freddie Mac, the Government-Sponsored Enterprises (GSEs) whose failure sparked the financial meltdown. [read post]
7 Apr 2009, 9:33 am
On April 2 Senator Coburn released the following statement: The public had every right to be outraged when AIG received $165 million in bonuses from public funds, yet few taxpayers realize the government has spent billions on improper bonuses for the defense industry, non-performing contractors and incompetent executives at places like Fannie Mae. [read post]
7 Apr 2009, 5:23 am
Fannie Mae's and Freddie Mac's failed experiment to improve home ownership for "low and middle income families" should be a wake-up call to those who believe more government involvement in American healthcare will help "low and middle income families". [read post]
6 Apr 2009, 7:09 am
Say, can we get a list of Fannie Mae / Freddie Mac bonus recipients? [read post]
5 Apr 2009, 5:08 pm
Fannie Mae and Freddie Mac, the two bailed-out federal corporations that lost a combined $110 billion last year and are getting another $200 billion from the government this year (on top of $200 billion last year), will shortly be paying... [read post]
5 Apr 2009, 1:26 pm
In September 2008, the government takeover of mortgage giants Fannie Mae and Freddie Mac was followed by the collapse of Lehman Brothers, the acquisition of Merrill Lynch by Bank of America and an $85 billion (and now $170 billion) government investment in American International Group. [read post]
4 Apr 2009, 9:04 am
The WSJ reports that Fannie Mae and Freddie Mac expect to pay $210 million in retention bonuses over the next eighteen months. [read post]
3 Apr 2009, 8:56 am
QUESTION: When will the buses go by the homes of big-bonus Fannie Mae and Freddie Mac executives? [read post]
3 Apr 2009, 8:11 am
Just a few weeks after retention bonuses at American International Group became a national scandal, Fannie Mae and Freddie Mac, the two mortgage-financing giants that the government rescued last fall, have outlined plans to pay an additional $159 million in bonuses to retain employees in 2009 and 2010, on top of the nearly $51 million already paid out last year. [read post]
3 Apr 2009, 6:37 am
Fannie Mae and Freddie Mac also operate as quasi-government entities but yet they led us down the road to economic collapse in the mortgage market.Not very promising, huh? [read post]
1 Apr 2009, 6:42 am
In several instances, firms that were deemed "too-big-to-fail" were nationalized to prevent a disorderly bankruptcy (Fannie Mae, Freddie Mac, and AIG) and in other cases the specter of nationalization looms (Citigroup, Bank of America, and General Motors). [read post]
30 Mar 2009, 11:29 pm
Liberal websites like Daily Kos, however, have pointed out that CEOs at AIG, Fannie Mae and Freddie Mac were forced to leave their jobs as a condition of the companies they managed receiving federal assistance. [read post]
27 Mar 2009, 4:02 pm
HAMP, and a companion program (HARP) applicable to loans held or securitized through Fannie Mae and Freddie Mac, have been touted by the Administration as having the potential to help up to nine million homeowners. [read post]
26 Mar 2009, 7:51 pm
We once thought that Clinton appointee Franklin Raines had a sweet deal at Fannie Mae (even though he had to--kind of--sort of--pay back a wad of his "compensation"). [read post]
26 Mar 2009, 4:53 am
I all too often don't see enough.c) Does the condo qualify for insured mortgages like Fannie/Freddie Mae, CMHC? [read post]
26 Mar 2009, 4:53 am
I all too often don't see enough.c) Does the condo qualify for insured mortgages like Fannie/Freddie Mae, CMHC? [read post]
24 Mar 2009, 10:40 am
Receivables must have been generated by Fannie Mae- or Freddie Mac-approved residential mortgage loan servicers on or after January 1, 2007. [read post]
24 Mar 2009, 10:39 am
The higher limit matters because the federal loan-purchasing agencies Fannie Mae and Freddie Mac may not purchase "jumbo" loans, which in turn means those loans carry higher interest rates and are more difficult to get. [read post]
