Search for: "Fannie Mae"
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31 Jul 2008, 7:08 pm
When you strip down all the dressing, it is pretty easy to see how Fannie Mae and Freddie Mac got into their problem, and who really is to blame.Look, I think home ownership is a great thing (I like owning my home), but admittedly my wife and I have come very close to getting in over our head and floundered for a while. [read post]
31 Jul 2008, 10:02 am
Senate passed H.R. 3221, the Housing and Economic Recovery Act of 2008, which provides measures to shore up Fannie Mae, Freddie Mac and the Federal Home Loan Banks, and provides relief to thousands of homeowners facing foreclosure. [read post]
31 Jul 2008, 5:14 am
Both drawings showed bailed-out Fannie Mae and Freddie Mac tumbling from the sky as they ask a man on the ground labeled "taxpayers" to break their fall.Hope, in denying the alleged plagiarism, was quoted as saying: "It just seems that the muse struck twice but at a different time and place.... [read post]
31 Jul 2008, 2:12 am
Sure, it's an election year and ostensibly the Prez is worried about the public perception that Freddie Mac and Fannie Mae are in trouble (a perception fueled by uncomfortable facts), so I shouldn't be surprised by yet another broken promise by the White House. [read post]
30 Jul 2008, 6:00 pm
The bill has a two-pronged approach: it provides guarantees and backing for Fannie Mae and Freddie Mac, two of the nation's largest mortgage security companies (which account for nearly half of the 12 trillion dollar housing industry), and it also provides relief for homeowners facing loss of homes to foreclosure by allowing them to replace their troubled loans with more stable government-backed loans. [read post]
30 Jul 2008, 4:02 pm
From what the experts say, if Freddie Mac and Fannie Mae go down, we would be looking at a profound financial crisis. [read post]
30 Jul 2008, 2:40 pm
Once some clever tax committee staff member comes up with a tax increase idea, it tends to pop up in... [read post]
30 Jul 2008, 2:00 pm
The bill also provides emergency financing capacity for mortgage titans Fannie Mae and Freddie Mac, two government-sponsored enterprises which own or guarantee nearly half the nation’s $12 trillion in outstanding home mortgage debt. [read post]
29 Jul 2008, 7:12 pm
Motivated by the recent Fannie Mae and Freddie Mac crisis, Congress passed the Housing and Economic Recovery Act (HR 3221) on Saturday. [read post]
29 Jul 2008, 6:47 pm
Yep, Fannie Mae's, which gave out $21 million. [read post]
29 Jul 2008, 6:47 pm
UK Rejects Fannie Mae-Freddie Mac Model for Mortgage-Backed Securities MarketA UK Treasury report rejects the Fannie Mae-Freddie Mac model for secondary markets in mortgage-backed securities. [read post]
29 Jul 2008, 12:08 pm
White Paper on Act Reforming Regulation of Fannie Mae and Freddie Mac Is AvailableActing on a broad consensus that government sponsored enterprises need a strong well-funded and independent federal regulator, Congress has overhauled the regulatory oversight of Fannie Mae, Freddie Mac, and the Federal Home Loan Banks. [read post]
29 Jul 2008, 8:00 am
So we are in a great big mess because of the incontinent lending practices of the exquisitely well-connected Fannie Mae... [read post]
28 Jul 2008, 2:56 pm
A recent Fannie Mae report lists Atlanta as the second worst for mortgage fraud, only behind Minneapolis. [read post]
28 Jul 2008, 2:19 pm
Lawrence Summers has an op-ed in today's WashPo about the housing bill's attempt to bail out Fannie Mae and Freddie Mac. [read post]
28 Jul 2008, 9:09 am
In addition to the Fannie Mae/Freddie Mac and new FHA features in the bill, there's a less publicized set of safeguards that I think is a great thing: additional help for veterans and active duty military personnel. [read post]
28 Jul 2008, 7:09 am
In addition to the Fannie Mae/Freddie Mac and new FHA features in the bill, there's a less publicized set of safeguards that I think is a great thing: additional help for veterans and active duty military personnel. [read post]
28 Jul 2008, 7:09 am
In addition to the Fannie Mae/Freddie Mac and new FHA features in the bill, there's a less publicized set of safeguards that I think is a great thing: additional help for veterans and active duty military personnel. [read post]
28 Jul 2008, 7:09 am
In addition to the Fannie Mae/Freddie Mac and new FHA features in the bill, there's a less publicized set of safeguards that I think is a great thing: additional help for veterans and active duty military personnel. [read post]
27 Jul 2008, 1:40 pm
Other aspects of the bill change the rules for reverse mortgages, redefine jumbo loans for purchases by Fannie Mae and Freddie Mac, and change tax rules. [read post]
