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21 Nov 2008, 2:44 pm
The FBI also is investigating Fannie Mae, Freddie Mac, AIG, Lehman Brothers and others involved in the subprime mortgage crisis. [read post]
15 Aug 2016, 1:39 pm
The "national conversation" looks a good deal like "space to destroy," in the memorable phrase of Stephanie Rawlings-Blake, Mayor of Baltimore and opener of the Democratic National Convention.It was also Baltimore where, after the charges against six officers in the Freddie Gray case -- not a single one of which was proved (before a black judge) and all of which were recently dropped -- the murder rate spiked by 63% in 2015. [read post]
12 Mar 2010, 1:52 pm
Some big banks are considering issuing new mortgage backed securities--these would be acked by jumbo bonds (more than $730,000 loans) because Fannie and Freddie can't do those, and probably with at least 40% or so equity. [read post]
10 May 2010, 11:15 pm
" Since Jan.1, 2009, Chase has offered over 750,000 modifications to struggling homeowners under the Home Affordable Modification Program, its own modification programs, and modification programs offered by Fannie Mae, Freddie Mac, the Veterans Administration and the Federal Housing Authority. [read post]
10 Feb 2024, 4:51 pm
Several hitters were also taking batting practice, though stars like Mookie Betts and Freddie Freeman haven’t yet arrived at camp. [read post]
27 May 2014, 9:03 am
The decision did not determine, in a final way, the fate of the individual in the case, Freddie Lee Hall, who was sentenced to die for the 1978 murder of a pregnant housewife. [read post]
28 Aug 2014, 1:27 pm
McClung’s career was spent at Freddie Mac where she held numerous positions throughout the agency. [read post]
26 Jul 2008, 4:56 pm
Evil/Mini Me Steve Blake - Gummo (main character from the movie) Andrew Bogut - Ashlee Simpson (pre-surgery) Bruce Bowen - Droopy Dog Kwame Brown - guy from movie “The Air Up There” Mike Brown - The Grimace PJ Brown - Willem Dafoe Andrew Bynum - Tracy Morgan Rick Carlisle - Anthony Perkins (Psycho) Sam Cassell - ET; Gollum Nick Collison - Sam Rubenstein Danny Crawford (ref) - Kwesi Mfume Mark Cuban - Joaquin Phoenix; Elephant Boy from The Howard Stern Show … [read post]
23 Jul 2012, 9:40 am
" The interest rate for a 30-year fixed-rate mortgage averaged 3.68 percent in June 2012, significantly lower than the 4.51 percent average during the same month a year earlier, according to Freddie Mac. [read post]
14 Jan 2016, 11:44 am
The Verification Policy must: Be compliant with the requirements set forth in this Handbook; Identify what form of verification the servicer will require for various components of borrower’s income (which verification cannot be based solely on the borrower’s stated income); Reflect the business judgment employed by the servicer when modifying loans held in its own portfolio; Be consistent with investor guidelines, when applicable; and Chapter II: HAMP MHA Handbook… [read post]
6 Aug 2010, 7:23 am
And, as Bloomberg’s Lorraine Woellert notes in this June article, Fannie Mae — which with Freddie Mac backs a huge proportion of U.S. mortgages — is warning that homeowners who do the same thing “will be banned from obtaining new mortgages backed by Fannie Mae for seven years from the date of foreclosure…” Here’s the reasoning: “Walking away from a mortgage is bad for borrowers and bad for communities,” Terence Edwards, Fannie… [read post]
28 Jun 2010, 7:40 am
And, of course, the fact that the government had the power to “resolve” Fannie Mae and Freddie Mac (which it did) has not prevented either precipitous action or a big bailout. [read post]
2 Apr 2009, 2:21 pm
I make sure to remind them about what happened to Wilbert Lee and Freddie Pitts. [read post]
16 Dec 2010, 8:59 am
US legislation such as the CRA or Fannie & Freddie only covered US housing and lenders. [read post]
23 Nov 2008, 1:44 pm
First, I do not agree that investing 22 percent of a major fund in a single type of security -- specifically, residential mortgage-backed securities issued by Fannie Mae and Freddie Mac -- represents a prudent balance of risk and return. [read post]
3 Jun 2007, 7:18 pm
Phillies starting pitcher Freddy Garcia, who was the cause of much hope among Phillies fans after his off-season acquisition, had another poor outing, surrendering seven runs (six earned) over five and one-third innings. [read post]
31 Oct 2008, 12:30 pm
The event features a faculty of leading outside litigators, renowned jurists, and 24 senior in-house counsel from these companies: American Express • American General Finance • Bank of America • Capital One • Citi • Countrywide • Discover • GMAC • Greenpoint • First Data • Freddie Mac • Hyundai • iQor • MasterCard • Sovereign Bank • TCF National… [read post]
10 Mar 2010, 6:30 am
For each year after that, the interest rate increases by one percent each year until it reaches a certain Freddie Mac cap rate. [read post]
21 Sep 2008, 6:02 pm
Treasury, the Fannie/Freddie conservator and the Fed can offer mortgage servicers incentive payments, based on new metrics that look at success in getting mortgages to reperform. [read post]
12 Nov 2012, 9:30 pm
The new agency would replace Fannie Mae and Freddie Mac, the two mortgage finance entities linked to the housing crisis. [read post]
