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3 Jun 2010, 8:55 am
Massiah filed the personal injury lawsuit after the tragic death of her son, Freddie Porter Jr., who was only 19 when the accident occurred. [read post]
24 Nov 2009, 6:58 pm
Further, while the homeowner is there, taxpayers have to make up any shortfall between “market rent” and the cost to hold that house on Fannie Mae’s books, since Fannie Mae (and Freddie Mac) are now controlled by the government. [read post]
13 Feb 2010, 9:12 am
I’m not an economist, although sometimes I pretend, but it seems like Fed rates, which made T-bills less attractive on the margin, and silly policies about housing, such as forced lending to poor people and guarantees of Fannie and Freddie bonds, made the latter much more attractive. [read post]
2 Apr 2010, 10:52 am
And as we saw with Fannie and Freddie, unrestricted access to credit is not, in fact, a "good thing;" it's a way to quickly bankrupt an institution (or agency). [read post]
22 Oct 2011, 12:34 pm
According to the Los Angeles Times, these settlements include: • A promise to forgive up to $3 billion in principal for Massachusetts Countrywide borrowers • $600 million to former Countrywide shareholders • Billions of dollars to Freddie Mac and Fannie Mae over buybacks of bad home loans • $8.5 billion to institutional investors over the repurchase of Countrywide mortgage-backed bonds • $5.5 billion reserved for mortgage bond investors with similar claims … [read post]
30 Apr 2015, 7:28 am
"Her original use of the term "thugs" came on Monday night as she talked about the people engaging in violence amid protests over the death of Freddie Gray, a black man who died after suffering injuries while in police custody:What we see tonight that is going on in our city is very disturbing. [read post]
11 Dec 2018, 6:18 am
For instance, during the 2015 riots in Baltimore following Freddie Gray’s death in police custody, city police reportedly used facial recognition technology on tapes of crowd scenes to try to identify persons with outstanding warrants. [read post]
19 Jun 2019, 6:03 am
In April 2011 a customer filed a complaint alleging that Busco violated the securities laws by, among other things, that Busco made unsuitable investments in Fannie Mae and Freddie Mac causing $120,000 in damages. [read post]
6 Oct 2010, 7:28 pm
The Federal Housing Finance Agency, which regulates government sponsored mortgage buyers Fannie Mae and Freddie Mac, and the Office of the Comptroller of the Currency, which regulates national banks stopped the PACE programs in their tracks. [read post]
30 Apr 2015, 1:32 pm
Justin Fenton of the Baltimore Sun reports that homicides are up 25 percent in the city this year, with 13 incidents occurring since April 12, the day Freddie Gray was arrested. [read post]
2 Aug 2011, 7:47 pm
" Fannie Mae, Freddie Mac, and the Federal Housing Finance Authority also publicly lambasted the ordinance. [read post]
14 Dec 2011, 7:16 am
She testified she notarized 25,000 false documents on notices of default for Bank of America, Washington Mutual, Fannie Mae and Freddie Mac. [read post]
28 Jun 2010, 8:11 pm
Through Fannie and Freddie, the government is running the mortgage market. [read post]
4 Sep 2015, 12:54 pm
Fox News reports that recruitment has plummeted following the death of Michael Brown last year in Ferguson, MO, as well as the deaths of Eric Garner in New York and Freddie Gray in Baltimore, spawning the "Black Lives Matter" movement. [read post]
6 Apr 2012, 11:02 am
Perhaps there is some truth that we can take away from such the portrayal of Sir William Collyer (Simon Russell Beale), a British High Court Judge who fails to provide the passion that his wife Hester Collyer (Rachel Weisz) needs in the relationship and persists in futile attempts to understand the emotional components of Hester even throughout her affair with Freddie Page (Tom Hiddleston), the former Royal Air Force pilot. [read post]
22 Nov 2010, 10:12 pm
Once Wall Street (and Fannie/Freddie) churned up an appetite for securitization, they were willing to pay mucho bucks to the originators to buy mortgages. [read post]
18 Oct 2018, 12:30 pm
Along with Royal Bank of Scotland PC (RBS), the company paid $839M to resolve an MBS fraud case brought by the Federal Housing Finance Agency on behalf of mortgage agencies Freddie Mae and Fannie Mac. [read post]
19 Jan 2012, 2:03 pm
The majority of the securities were part of subordinated tranches of nonagency MBS with underlying collateral, which were were mortgages that weren’t in compliance with requirements to be part of MBS-guaranteed or to have been issued by Fannie Mae, Freddie Mac, or Ginnie Mae. [read post]
11 Sep 2012, 5:27 pm
However, it still is owed much from its rescues of Chrysler and General Motors and the billions of dollars it used to keep Fannie Mae and Freddie Mac afloat. [read post]
6 Apr 2023, 6:31 am
Major investment banks, Fannie Mae and Freddie Mac, nearly all savings and loan institutions, off-balance sheet vehicles, AIG and banks around the world – all of them failed. [read post]