Search for: "Fannie Mae"
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26 Sep 2008, 2:55 pm
.), former Fannie Mae Chief Executive Franklin Raines, and California state appeals court judge Richard Aldrich. [read post]
26 Sep 2008, 12:12 pm
Senator John McCain is correct: He warned two years ago that Congress should rein in Fannie Mae and Freddie Mac, the giant mortgage finance companies, before their financial risk-taking threatened the economy, and Senator Barack Obama did not. [read post]
26 Sep 2008, 9:14 am
Fannie and Freddie provided mounds of materials defending their practices. [read post]
26 Sep 2008, 8:35 am
It turns out that the FBI is looking into the actions of Fannie Mae, Freddie Mac, Lehman Brothers and AIG to determine if their employees, particularly executives, engaged in fraudulent behavior. [read post]
25 Sep 2008, 11:28 pm
Fanny Mae bought mortgages from the lenders who issued them and bundled them into mortgage backed securities to be resold to investors on the secondary mortgage market.The problem with mortgages as investments is the risk that the borrower will default, a risk which depends on the detailed facts of that particular mortgageâ€â [read post]
25 Sep 2008, 9:56 pm
Bush said about Fannie Mae and Freddie Mac: Freddie Mae -- Fannie Mae and Freddie Mac -- I see the heads who are here; I want to thank you all for coming -- (laughter) -- have committed to provide more money for lenders. [read post]
25 Sep 2008, 6:00 pm
At the center of this crisis are Fannie Mae and Freddie Mac. [read post]
25 Sep 2008, 5:31 pm
Fanny Mae bought mortgages from the lenders who issued them and bundled them into mortgage backed securities to be resold to investors on the secondary mortgage market.The problem with mortgages as investments is the risk that the borrower will default, a risk which depends on the detailed facts of that particular mortgageâ€â [read post]
25 Sep 2008, 5:22 pm
And Fannie Mae employees gave Dodd, Obama, and Clinton most of their campaign contributions this year. [read post]
25 Sep 2008, 4:15 pm
AIG, Bear Stearns, Fannie Mae, Freddie Mac…the list goes on. [read post]
25 Sep 2008, 2:33 pm
The obvious solution is to restore, at least temporarily and possibly permanently, the business of low-end mortgage finance, refinance, financial counseling, and mortgage securitization to those still existing agencies which made low-end mortgages possible in the first place, then handled the bulk of them for decades: I refer to the Federal Housing Administration (FHA), working in tandem with its originally government-sponsored and recently re-nationalized sibling enterprises (GSEs),… [read post]
25 Sep 2008, 1:09 pm
UPDATE: Don Surber comments: "Here is the architect of the self-destruction of Fannie Mae constructing the Obama presidency. [read post]
25 Sep 2008, 12:51 pm
” This was after the collapse of of Lehman Brothers and the bargain-basement purchase of Merrill Lynch by Bank of America, and the bailout of Freddie Mac and Fannie Mae and Bear Stearns. [read post]
25 Sep 2008, 3:02 am
In this instance, that should have extended beyond holders of Fannie Mae and Freddie Mac stock further into the entities' capital structures. [read post]
24 Sep 2008, 11:21 pm
The FBI is investigating whether fraud played a role in the troubles at Fannie Mae, Freddie Mac, Lehman Brothers and American International Group, bringing to 26 the number of bureau investigations of institutions tied to the mortgage debacle, according to... [read post]
24 Sep 2008, 9:53 pm
Recently the New York Times ran an article suggesting that John McCain's campaign manager, Rick Davis, had a business relationship with Fannie Mae and Freddie Mac. [read post]
24 Sep 2008, 9:46 pm
Davis has never -- never -- been a lobbyist for either Fannie Mae or Freddie Mac. [read post]
24 Sep 2008, 9:00 pm
Financial meltdowns often seem to lead media and regulators to look for illegal activity, which is why I was not surprised to read that the FBI is investigating Fannie Mae, Freddie Mac, Lehman and AIG for potential fraud. [read post]
24 Sep 2008, 8:55 pm
The FBI is now investing not only Fannie Mae and Freddie Mac, but also Lehman Brothers and AIG for "misstatements. [read post]
24 Sep 2008, 8:50 pm
By Alan White Die-hard free market advocates are responding to the nationalization of Fannie Mae and Freddie Mac by calling for them to be gradually shrunk out of existence, to unleash the private market to meet our housing finance needs. [read post]
