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2 Sep 2011, 3:29 pm
The federal agency that oversees Fannie Mae and Freddie Mac filed lawsuits Friday against 17 financial institutions, including some of the largest American banks, alleging that they made misrepresentations when they sold private-label mortgage-backed securities to Fannie and Freddie. [read post]
2 Sep 2011, 3:28 pm
News release: "The Federal Housing Finance Agency (FHFA), as conservator for Fannie Mae and Freddie Mac (the Enterprises), today filed... [read post]
2 Sep 2011, 3:14 pm
The federal housing agency serves as conservator for Fannie Mae and Freddie Mac, and is is charged with preserving the companies’ assets on behalf of taxpayers. [read post]
2 Sep 2011, 2:15 pm
Breaking: The U.S. federal regulator for mortgage giants Fannie Mae and Freddie Mac Friday filed lawsuits against 17 of the nation’s largest banks over soured mortgage bonds, aiming to recoup billions of dollars in losses from the failed investments. [read post]
2 Sep 2011, 1:55 pm
Federal regulators filed suits on Friday against several of the nation's leading banks, seeking billions in compensation for huge losses by Fannie Mae and Freddie Mac on mortgage-backed securities the banks assembled during the housing boom. [read post]
2 Sep 2011, 6:32 am
Fannie and Freddie lost more than $30 billion, in part as a result of the deals, losses that were borne mostly by taxpayers. [read post]
1 Sep 2011, 9:44 pm
Unlike loans owned by Fannie and Freddie, the State of Illinois does not purchase loans. [read post]
31 Aug 2011, 7:19 pm
And "privatization" of Fannie and Freddie would have to be handled correctly to avoid a windfall from the existing public guarantee. [read post]
30 Aug 2011, 8:52 pm
One modification program is designed to help refinance mortgages insured by Freddie Mac or Fannie Mae. [read post]
29 Aug 2011, 5:01 pm
After FHFA effectively halted the residential PACE program by telling Fannie and Freddie, its client entities, to stop underwriting mortgages on PACE-assessed properties, enviros and state and local governments sued on both coasts. [read post]
29 Aug 2011, 4:11 pm
Not only do unpaid condo fees threaten the financial health of a condominium, but a high delinquency rate can run afoul of Fannie Mae/Freddie Mac and FHA condominium lending guidelines, thereby hindering the sale of a unit. [read post]
29 Aug 2011, 9:00 am
"A restraining order doesn't stop anybody," neighbor Freddie Rodriguez said. [read post]
28 Aug 2011, 8:45 am
Not only do unpaid condo fees threaten the financial health of a condominium, but a high delinquency rate can run afoul of Fannie Mae/Freddie Mac and FHA condominium lending guidelines, thereby hindering the sale of a unit. [read post]
27 Aug 2011, 8:23 am
Nothaft, the chief economist at Freddie Mac, said the federal action could instill confidence. [read post]
27 Aug 2011, 4:51 am
(and to celebrate, he has made reservations at the Hotel California.)Kenny Wesiman and company have registered, as have Former Judge Jon Colby (probably verified as the email contains a private address) Fake Alex Michaels, Fake Freddy Moldovan, and Shumie's Cigar. [read post]
26 Aug 2011, 6:16 am
With the number of foreclosed homes that Fannie and Freddie own at about 201,000, allowing Fannie and Freddie to rent their foreclosed homes could restore the average American community to what it once used to be. [read post]
25 Aug 2011, 9:08 am
As a first step, Fannie Mae and Freddie Mac should invite all those whose mortgages they hold to refinance at the lower rates now available. [read post]
25 Aug 2011, 7:53 am
Fannie, Freddie and the Federal Housing Administration guaranteed or financed 95% of new mortgages in 2011. [read post]
24 Aug 2011, 8:26 am
Not only do unpaid condo fees threaten the financial health of a condominium, but a high delinquency rate can run afoul of Fannie Mae/Freddie Mac and FHA condominium lending guidelines, thereby hindering the sale of a unit. [read post]
23 Aug 2011, 2:49 pm
Not only do unpaid condo fees threaten the financial health of a condominium, but a high delinquency rate can run afoul of Fannie Mae/Freddie Mac and FHA condominium lending guidelines, thereby hindering the sale of a unit. [read post]
