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9 Sep 2010, 9:44 am
Fannie Mae and Freddie Mac HAFA Guidelines Announced [read post]
18 Apr 2010, 7:44 am
Treasury Department officials on their takeover of mortgage finance giants Fannie Mae and Freddie Mac. [read post]
2 Jan 2009, 4:44 pm
In September, Fannie and Freddie's implied guarantee edged ahead.As the year wore on, analysts warned of an Oxymoron Bubble. [read post]
14 Mar 2012, 6:30 am
To be eligible, HARP 2.0 applicants must have loans owned or guaranteed by Fannie Mae or Freddie Mac, have less than 20% equity and be current on their monthly payments. [read post]
3 Jul 2007, 11:17 am
" · House Bill 1427 deals with "fannie mae" and "Freddie mac" issues · House Bill 1852, in part, would "modify requirements governing the maximum principal loan obligation and cash downpayments by mortgagors in eligibility criteria for mortgage insurance. [read post]
16 Dec 2015, 6:13 am
Broke Law with Social Media Push for Water Rule, Auditor Finds” by Eric Lipton and Michael Shear for New York Times “A Revolving Door Helps Big Banks’ Quiet Campaign to Muscle out Fannie and Freddie” by Gretchen Morgenson for New York Times California: “As Hospital Lobbyist, Ex-County Employee Pushes Limits of Ethics Policy” by Tracy Wood for Voice of OC Florida: “Broward Commission Rewrites its Ethics Code, Allows $5 Gifts” by Brittany… [read post]
22 Apr 2007, 1:33 pm
This is a good way to get taxpayers to assume the costs, as few taxpayers understand that loading up the balance sheet of explicitly-guaranteed government agencies like the FHA or implicitly-guaranteed (too-big-to-fail) government sponsored enterprises like Fannie Mae or Freddie Mac with toxic mortgage debt is a form of taxation. [read post]
10 Dec 2013, 4:26 am
Recently, our action has been divided into two potential class actions: One action involves the lender placed hazard insurance which has been charged to homeowners with standard Fannie Mae Freddie Mac uniform mortgages by OneWest Bank and IndyMac through the insurance company Assurant and its subsidiary, American Security Insurance Company. [read post]
12 Nov 2008, 2:43 pm
And I think that this is why the announcement yesterday was accompanied by this statement of eligbility: The loan is a Freddie Mac, Fannie Mae or portfolio loan with participating investors.So it appears that the loan modification program, criticized by some as insufficient already, applies only to the loans that Frannie kept or those that it/they packaged and sold ... if the buyers are willing to participate in the modification. [read post]
11 Nov 2010, 2:00 pm
‘Stupidest Lawsuit Ever’: Freddie Mac Sues Feds, Taxpayers Pay Either Way and Law Firm Profits – ABA Journal – Yes, but let's not forget that the Shearman & Sterling lawyers will be paying income tax on those profits, and they're all in pretty high brackets. [read post]
21 Jun 2012, 8:13 am
On September 2008, the Federal Housing Finance Agency (FHFA) placed Fannie Mae (Federal National Mortgage Association) and Freddie Mac (Federal Home Loan Mortgage Corporation) into conservatorship. [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]
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]
19 Mar 2009, 12:09 am
Fannie and Freddie are going to pay bonuses too.The psychology of passive barriers. [read post]
22 Sep 2008, 4:12 am
Meanwhile, Indian leftists are stunned at nationalisation in a country they view as pitilessly capitalist.Two of the nationalised corporations, Fannie May and Freddie Mac, are by far the biggest mortgage lenders in the world, with $5 trillion of mortgages and loans on their books. [read post]
7 Jan 2011, 8:29 am
According to the SEC, Chironis sold the nunandrsquo;s mortgage-backed securities, including securities guaranteed by the Federal Home Loan Mortgage Corporation (Freddie Mac), the Federal National Mortgage Association (Fannie Mae), and the Government National Mortgage Association (Ginnie Mae), and from January 1, 2007 through January 31, 2008, made almost a million dollars ($959,027) churning the nunandrsquo;s accounts in questionable bonds, with undisclosed mark-ups and mark-downs. [read post]
5 Oct 2008, 12:39 pm
UPDATE: Andrew Marcus emails: Regarding your post this morning on Barney Frank, for what it is worth, he sponsored legislation to reform Fannie/Freddy in 2007. [read post]
17 Nov 2016, 6:57 pm
Federal Housing Finance Agency: Objectives Needed for the Future of Fannie Mae and Freddie Mac After Conservatorships, GAO-17-92: Published: Nov 17, 2016. [read post]
27 Apr 2015, 9:05 pm
Maryland Department of Transportation] The Maryland knife law angle in the Freddie Gray story [Patrik Jonsson, Christian Science Monitor; my post at Free State Notes] Tags: attorneys general, class actions, Maryland, New York, pleading, politics, tobacco, WisconsinApril 28 roundup is a post from Overlawyered - Chronicling the high cost of our legal system [read post]
17 Sep 2008, 6:42 pm
Additionally, today the Mortgage Bankers Association reported that new mortgage applications surged following the interest rate decreases that occurred after the government’s announcement that it would provide big heaps of financial backing to save Fannie Mae and Freddie Mac. [read post]
