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13 Jan 2009, 7:46 pm
Last week's rank speculation reasonable assumption that the FDIC as receiver of the late, great IndyMac retained the liability for buyback demands made by Fannie Mae was confirmed Sunday by the New York Post ( a bastion of responsible reporting, so we don't doubt its word). [read post]
12 Jan 2009, 11:49 pm
Terror experts warn next 9/11 could fall on different date.Think Fannie Mae and Freddie Mac were a politicized financial disaster? [read post]
12 Jan 2009, 6:38 pm
JON ENTINE: Think Fannie Mae and Freddie Mac were a politicized financial disaster? [read post]
9 Jan 2009, 2:33 pm
Among the biggest issuers of new debt were Fannie Mae and [...] [read post]
9 Jan 2009, 10:56 am
Davis also filed the proposal at Merrill Lynch, recently acquired by Bank of America, and Fannie Mae, which is now under government control and may not have a shareholder meeting this year. [read post]
8 Jan 2009, 5:47 am
The business of Fannie Mae and Freddy Mac was never simple enough for the average investor to understand. [read post]
8 Jan 2009, 5:09 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]
8 Jan 2009, 3:05 am
OFHEO, though a third-party, was intimately tied to the facts here, and knew well that the defendants -- the executives of Fannie Mae and Fannie Mac -- would want extensive documentation from them. [read post]
8 Jan 2009, 1:08 am
Resurrecting corporate America after the failure of governanceBricker & Eckler LLP"AIG, Bear Stearns, Fannie Mae, Freddie Mac, Lehman Brothers et al. are the result of a fundamental flaw in governance of corporate America: failure to provide independent oversight of management in the governance of these organizations. [read post]
7 Jan 2009, 11:41 pm
An LEM, sponsored by Fannie Mae, is a mortgage that helps people become homeowners in location efficient communities such as TOD projects.Second, reducing household transportation expenditures can also promote housing affordability. [read post]
7 Jan 2009, 5:28 pm
Holmes's from 1999, embarrassingly putting the Times's imprimatur on a devastatingly prescient, witheringly factual assessment of where Democratic Party politicization and cronyization of subprime mortgages and Fannie Mae would lead - and did.VIWho will pay for reporting of facts? [read post]
7 Jan 2009, 12:18 am
The culprits in the government include an administration that extended the Community Reinvestment Act and the Home Mortgage Disclosure Act, the Department of Housing and Urban Development, the Federal Housing Administration, and Fannie Mae and Freddie Mac. [read post]
6 Jan 2009, 9:16 am
by Stephen Greenspan, from the Wall Street Journalhttp://online.wsj.com/article/SB123093987596650197.htmlIntelligent people have long been ruined by frauds. [read post]
6 Jan 2009, 1:08 am
Within the space of just a few short weeks, the government took control of Fannie Mae and Freddie Mac; the FDIC took over Washington Mutual, in the largest U.S. bank failure ever; Lehman Brothers collapsed, in the largest U.S. bankruptcy ever; Bank of America agreed to acquire Merrill Lynch in a government brokered deal; the government undertook a massive bailout of AIG; Congress enacted a colossal $700 billion bailout package; and Wells Fargo agreed to acquire Wachovia.… [read post]
5 Jan 2009, 8:42 pm
As the crisis deepened, the adverse impact upon the US economy and Fannie Mae only worsened. [read post]
5 Jan 2009, 7:22 pm
However, the FDIC also said that it continued to negotiate the repurchase issue with Fannie Mae. [read post]
5 Jan 2009, 7:38 am
Fannie Mae Rooks was found dead in her wheelchair in the cold and rain. [read post]
2 Jan 2009, 5:30 pm
This fall, Cohen spent ‘five weeks in hell’ (his words) working on a load of assignments, from government rescues to bank acquisitions, including AIG, Barclays, Fannie Mae, Goldman, J.P. [read post]
2 Jan 2009, 9:47 am
As I noted here, and as a result of the dramatic events in the financial markets during September and October 2008, a number of companies outside the financial sector were hit with credit crisis-related lawsuits, particularly those with exposure to Lehman Brothers, Fannie Mae and Freddie Mac, or those that made wrong-way bets on currencies or commodities. [read post]
1 Jan 2009, 10:34 pm
The government, hell-bent on distorting our markets, created distortions that motivated all to ignore market realities, which led to loans to credit unworthy borrowers.These market distortions were caused by the Federal Reserve, the unmitigated backing by Congress of Fannie Mae and Freddie Mac, the Federal Housing Administration loosening of down-payment requirements, the strengthening of the Community Reinvestment Act, and the Department of Housing asserting pressure on lenders to… [read post]
