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14 Nov 2008, 3:51 pm
The questionnaire also focuses on the applicants’ previous work history including, in particular, whether the applicant has worked for companies implicated in the current economic crisis, such as Fannie Mae, Freddie Mac, AIG, and Washington Mutual Bank. [read post]
14 Nov 2008, 3:51 pm
The questionnaire also focuses on the applicants’ previous work history including, in particular, whether the applicant has worked for companies implicated in the current economic crisis, such as Fannie Mae, Freddie Mac, AIG, and Washington Mutual Bank. [read post]
13 Nov 2008, 7:11 pm
From Loren Steffy at the Houston Chronicle: The plan calls for Fannie Mae and Freddie Mac, now under government control, to modify loans for its customers, which include more than 30 million mortgage holders. [read post]
13 Nov 2008, 12:16 am
We he force the insurance companies into insolvency and then bail them out like the corporate criminals at Fannie Mae, Freddy Mac, AIG, Goldman Sachs and all the other failed financial firms? [read post]
12 Nov 2008, 8:40 pm
Investors who were sold structured products issued by Lehman Brothers, Freddie Mac or Fannie Mae by UBS or other brokerage firms based on representations that they were conservative investments have compelling claims to recoup their losses. [read post]
12 Nov 2008, 3:04 pm
The new program for Fannie Mae and... [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]
12 Nov 2008, 2:37 am
That appears to be the position of the plaintiffs’ attorneys who, according to their November 10, 2008 press release (here), have filed a class action against Fannie Mae under ERISA on behalf of Fannie Mae employees who participated in the Fannie Mae ESOP between April 17, 2007 and the present and whose accounts included Fannie Mae common stock. [read post]
12 Nov 2008, 12:12 am
So far, Sallie Mae's relatively respectable performance bodes well, as it has avoided the fate ensnaring its former cousins, Freddie Mac and Fannie Mae. [read post]
11 Nov 2008, 10:04 pm
At a press conference held today at the Federal Housing Finance Agency, temporary conservator of Fannie Mae and Freddie Mac, a plan was announced to speed up the modification of hundreds of thousands of loans held by Fannie Mae and Freddie Mac. [read post]
11 Nov 2008, 9:48 pm
By Alan WhiteThe plan to modify loans controlled by Fannie Mae and Freddie Mac announced today, while a step forward, suffers from two major drawbacks. [read post]
11 Nov 2008, 9:46 pm
The recent bailouts of financial institutions -- including that supremely arrogant titan of insurance, AIG, and its mortgage-buying counterparts, Fannie Mae and Freddie Mac -- has opened up vast new vistas for salvaging plummeting fortunes. [read post]
11 Nov 2008, 2:10 pm
Ask the folks who trusted giants like AIG, Fannie Mae and Freddie Mac. [read post]
11 Nov 2008, 2:56 am
Fannie Mae reported a 3rd quarter loss of $29 billion. [read post]
11 Nov 2008, 1:00 am
The federal government has had to nationalize financial giants Fannie Mae and Freddie Mac, which owned a combined $5.4 trillion in mortgage-backed securities. [30] In addition, the Emergency Economic Stabilization Act of 2008, better known as the $700 billion bailout bill, will more than likely exceed the $1 trillion dollar mark when the economic clean-up is all is said and done. [31] VI. [read post]
10 Nov 2008, 3:44 pm
The economy continues to deteriorate: Fannie Mae Posts $29 Billion Loss Feds Increase AIG Bailout by $40 Mil, total now $150 billion Circuit City Files for Bankruptcy And the Dems are calling for an auto industry bailout. [read post]
10 Nov 2008, 1:28 pm
The past week has revealed to us:U.S. auto makers on the brink of failure with GM stock trading at 60 year lows, more money needed for the AIG bailout (now at $150 billion),Amex becoming a bank holding company to better weather volatility and gain access to bailout funds, Bank of America announcing that it is assuming $16.6 billion of Country Wide's debt as part of its purchase of the troubled lender, Fannie Mae lost $29 billion this quarter,Google stock down 55% this year,… [read post]
10 Nov 2008, 8:23 am
Under the heading "Baggage":Her work at Fannie Mae, which had to be bailed out by the government in September as part of a $200 billion deal. [read post]
10 Nov 2008, 7:47 am
For example, since July, some Fannie Mae shares have dropped in price from $19.50 to $1.40. [read post]
8 Nov 2008, 3:07 pm
Chris Dodd and Congressman Barney Frank for their relationship with Fannie Mae, Freddie Mac and Countrywide Mortgage. [read post]
