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1 Mar 2010, 7:44 pm
A recent article in The American Banker (paid subscription required) focused on an unpleasant fact for Freddie Mac: when it pushes loan sellers to buy back loans, some of them tell Uncle Freddie to "take your loan and shove it, we ain't buyin' back no more. [read post]
30 Sep 2010, 10:35 am
According to Judicial Watch’s motion filed on March 5, 2009, Fannie and Freddie are no longer private enterprises, and therefore their records should be subject to FOIA law: Until they were seized by FHFA in September 2008, Fannie Mae and Freddie Mac were private corporations with independent directors, officers, and shareholders. [read post]
11 Oct 2008, 10:20 pm
John McCain realized that Fannie Mae and Freddie Mac were going to lead to a market meltdown. [read post]
27 Oct 2015, 1:58 pm
On October 19, 2015, the Federal Housing Finance Agency issued a Final Notice indicating that it will continue to use “expanded-data” House Price Index when establishing Freddie Mac and Fannie Mae’s maximum conforming loan limits. [read post]
SO IS THIS HOPE, OR CHANGE? “Fresh on the heels of Freddie Mac’s request for another $10 billion or…
10 May 2010, 9:46 am
“Fresh on the heels of Freddie Mac’s request for another $10 billion or so between friends, Fannie Mae will be asking for an additional $8.4 billion from the government after reporting an $11.5 billion Q1 loss. [read post]
24 Oct 2012, 11:08 am
This is the first civil fraud case that the US Department of Justice has brought regarding the sale of mortgage loans to Freddie Mac or Fannie Mae. [read post]
16 Jul 2008, 1:33 pm
Politico reports here that "Fannie Mae and Freddie Mac ... have spent nearly $200 million on lobbying and campaign contributions" in the past decade.... [read post]
8 Sep 2008, 2:09 am
Some VC readers were wondering what the US Stock Market is likely to do on Monday, the day after the federal takeover of Fannie Mae and Freddie Mac.... [read post]
18 Sep 2008, 4:57 pm
You’ve got questions about Freddie Mac? [read post]
17 Feb 2009, 8:16 pm
MOE LANE EMAILS: “Did I somehow miss that Rahm Emanuel was on Freddie Mac’s board during the fraud period? [read post]
29 Aug 2017, 12:43 pm
Freddie Mac announced that it will utilize automated collateral evaluations to determine when an automated appraisal can be used for new home mortgages and refinancing. [read post]
29 Nov 2011, 11:49 am
In his role as Congressional "Rabbi" for Freddie Mac and Fannie Mae, Barney Frank has been credited/blamed for many of our current fiscal problems. [read post]
8 Jul 2010, 12:15 pm
” Fannie Mae and Freddie Mac were in desperate trouble in late 2007. [read post]
14 Jul 2008, 2:40 am
Two of the biggest participants in the U.S. secondary mortgage market, Fannie Mae and Freddie Mac, are experiencing serious repurcussions from the subprime mortgage debacle -- and their problems spill over into financial market drops and general mortgage lending liquidity... [read post]
13 Jan 2014, 10:39 am
On January 8, the FHFA announced that it has directed Fannie Mae and Freddie Mac to delay the implementation of the increases to the guarantee fees that were originally to be effective in March and April 2014. [read post]
4 Apr 2009, 9:04 am
The WSJ reports that Fannie Mae and Freddie Mac expect to pay $210 million in retention bonuses over the next eighteen months. [read post]
23 Jan 2011, 11:19 pm
Since the government took over Fannie Mae and Freddie Mac, taxpayers have spent more than $160 million defending their former top executives in fraud lawsuits. [read post]
10 Oct 2011, 3:56 pm
No loans are eligible for a debt reduction if they were bought and held or securitized by Fannie Mae and Freddie Mac. [read post]
3 Jan 2011, 12:30 pm
The bank agreed to resolve claims with Freddie Mac and Fannie Mae against Countrywide Financial in a deal that may prompt a wave of settlements with other big lenders. [read post]
14 Jul 2010, 2:00 am
Brown Jr. is scheduled to discuss a major action he is initiating against mortgage giants Fannie Mae and Freddie Mac, as well as the federal agency that oversees them, for blocking an innovative program that is creating tens of thousands of jobs in California while saving homeowners and small businesses money on their utility bills. [read post]
