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27 Jan 2009, 7:37 pm
RFC sells some of the securitized mortgages to Fannie Mae and Freddie Mac, which can require RFC to repurchase nonconforming loans as well. [read post]
27 Jan 2009, 3:17 pm
Hold onto your wallets, Fannie Mae is going to be asking the Federal Government for $10 billion to $16 billion. [read post]
26 Jan 2009, 4:24 pm
Fannie Mae (remember them) are seeking $16 billion from the Treasury to prop up their company. [read post]
26 Jan 2009, 3:53 am
  With the government takeover of Fannie Mae and Freddie Mac, there have been increasing calls for a federal foreclosure moratorium. [read post]
26 Jan 2009, 3:53 am
  With the government takeover of Fannie Mae and Freddie Mac, there have been increasing calls for a federal foreclosure moratorium. [read post]
26 Jan 2009, 3:53 am
  With the government takeover of Fannie Mae and Freddie Mac, there have been increasing calls for a federal foreclosure moratorium. [read post]
26 Jan 2009, 1:54 am
They included not only all of the toxic mortgage-backed assets, but also securities and other assets related to Fannie Mae and Freddie Mac, and also assets related to a growing list of other institutions, including Lehman Brothers, Washington Mutual, American International Group, and the Icelandic banks. [read post]
26 Jan 2009, 1:46 am
That total -- which includes single-family to four-family homes valued at $11.5 billion and another $1.5 billion in property purchased with FHA-backed loans securitized by Ginnie Mae -- represents a 134 percent increase from a year ago, according to the latest quarterly report from the Federal Deposit Insurance Corp.Repossessions by Fannie Mae and Freddie Mac grew by nearly 25 percent from the second quarter to the third quarter of 2008, hitting 15,196 homes, according to… [read post]
25 Jan 2009, 1:09 pm
Horne, a former executive at Fannie Mae, suggested that the new loans had not been structured to best meet borrowers' financial circumstances, in large part because the loan servicers that collect mortgage payments cannot engage in a lengthy analysis of each borrower's finances. [read post]
22 Jan 2009, 11:53 am
Recently, government-run mortgage finance company Fannie Mae promised to assist tenants by signing new leases with those living in Fannie-owned properties that have been foreclosed. [read post]
21 Jan 2009, 9:18 am
Read Ralph Losey's  assesment of the ruling  on  In re Fannie Mae Securities Litigation. [read post]
21 Jan 2009, 7:10 am
That deal was structured so that the Government's investment did not force shareholders to take a huge hit on their stock positions - unlike the bailouts for Bear Stearns, Fannie Mae, and Freddie Mac.When asked about the demands of the job, Bason seems to take it all in stride, describing the work as "a thrill. [read post]
20 Jan 2009, 5:00 am
The people with whom the Chamber and the Institute do battle are not the people who invented or allowed the great pyramid schemes which brought down Freddie Mac and Fannie Mae. [read post]
17 Jan 2009, 12:46 pm
Fannie Mae and Freddie Mac, the giant mortgage investors, have now pushed a "home valuation code of conduct. [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]
16 Jan 2009, 2:20 pm
"$90 million might seem like a lot of cash, and it certainly is to Beal Bank, but it pales in comparison to the $10 billion Fannie Mae wishes to extract from the FDIC's hide. [read post]
15 Jan 2009, 9:00 am
The refusal's purported basis was that the property Oparaji wanted to purchase wasn't habitable and didn't satisfy Fannie Mae's appraisal guidelines. [read post]
15 Jan 2009, 8:36 am
Now I understand why:Only about a third of U.S. mortgage debt outstanding is likely to qualify for refinancing, said Doug Duncan, chief economist of Fannie Mae. [read post]
14 Jan 2009, 7:04 am
Cuomo, whose previous job included HUD Secretary from 1997 through 2001 during which time there was a major expansion of sub-prime lending programs especially those backed by Fannie Mae (FNMA), has an interesting past. [read post]