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14 Feb 2012, 4:28 am
This was a very controversial aspect of the settlement because Fannie Mae and Freddie Mac were concerned about the moral hazard aspect of rewarding people for having lost their home to foreclosure. [read post]
16 Aug 2018, 9:06 am
Charlotte Garden is an associate professor at Seattle University School of Law. [read post]
16 Oct 2011, 8:39 pm
Well, that’s a pretty safe statement, but when? [read post]
12 Oct 2010, 6:36 am
Fannie Mae only 38 times this month… did we get our feelings hurt, or are you guys spending all your time searching Monster.com in the hopes of finding a solvent organization? [read post]
15 Jun 2022, 11:32 am
” Moreover, the federal agents are open to working with other investigators, either at sister federal agencies (think Fannie Mae, for instance) or those at the state or local levels: “[t]he FBI seeks to maximize its impact on the mortgage fraud and financial institution fraud as a whole thorough collaboration. [read post]
6 Apr 2010, 2:00 pm
"It's no one cause" she said--you can't blame it on Fannie Mae or any of those current whipping posts. [read post]
1 May 2012, 6:06 am
What you’re about to read about should never be allowed to happen in this country, and what is particularly troubling is that Wells Fargo Bank could have very easily prevented it by simply communicating with its customer honestly or competently. [read post]
16 May 2010, 4:17 am
” When his organization brought the case to Fannie Mae, Wells Fargo was “embarrassed into” reversing its decision, according to Trauss. [read post]
28 Nov 2009, 9:52 pm
Michael Barr is undoubtedly a very smart guy. [read post]
31 Aug 2012, 6:20 am
Banking regulations debated here Tier 1 capital is, in essence, a bank’s net shareholders’ equity – but as we saw in the case of Fannie Mae, it can include a variety of things that are not cash, even though they are (presumably) good equity. [read post]
21 Mar 2012, 5:42 am
Look, I like Frank and Brian of Think Big/Work Small… I really do. [read post]
25 May 2011, 4:46 pm
”) And today, the only mortgage lending in this country comes from the federal government… Fannie Mae, Freddie Mac and the FHA. [read post]
Testimony Before Congress: The Private Sector and Government Response to Mortgage Foreclosure Crisis
17 Dec 2009, 3:56 am
We have worked with Fannie Mae to set up an escalation call center so that borrowers may seek immediate assistance in completing a modification request, or to report suspected misapplication of HAMP program rules by a servicer. [read post]
6 Aug 2010, 7:32 am
After Ocelot absconded, Fannie Mae as lender appointed a receiver, and put some money into the buildings. [read post]
8 Sep 2024, 11:40 am
., opinions of counsel on green bonds [including for Maryland state issued sustainability bonds], on Fannie Mae green project mortgages, etc.); and accountants supported by attorneys provide that third party verification in SEC matters and the like. [read post]
5 Feb 2010, 6:05 am
None of the most prominent failures of the financial crisis—Fannie Mae, Freddie Mac, AIG, Bear Stearns, or Lehman Brothers—were deposit-taking banks. [read post]
11 Aug 2020, 6:00 am
As a result, there was a sharp decrease in affordable residential construction and applications for the LIHTC.[28] Fannie Mae and Freddie Mac, the largest government-sponsored mortgage financers (GSEs) that previously constituted approximately 40 percent of LIHTC investment, withdrew from the LIHTC market in 2008 as their projected losses from the recession would offset their taxable income for the foreseeable future.[29] Fannie and Freddie were subsequently placed under… [read post]
23 Sep 2011, 6:21 pm
Listen… I don’t mind telling you that I’m starting to freak out over here. [read post]
31 Jan 2011, 4:17 am
Treasury has essentially outsourced the responsibility for overseeing servicers to Fannie Mae and Freddie Mac, but both companies have critical business relationships with the very same servicers, calling into question their willingness to conduct stringent oversight. [read post]
15 Feb 2011, 12:53 pm
On October 4, 2010, President Barack Obama appointed Sarah Bloom Raskin to be a member of the Board of Governors of the Federal Reserve System. [read post]
