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27 Jan 2010, 3:00 pm
They only want banks that received bailouts to pay the tax but think other bailed-out institutions like Fannie Mae and Freddie Mac also should be taxed. [read post]
18 Nov 2008, 5:43 pm
Indeed, many borrowers who've been foreclosed never even heard about these new outreach programs to keep them in their homes. (3) Letting investment banks borrow from the Fed's discount window just after Bear Stearns failed suggests that letting the firm go was done as a risky gesture to the principle of avoiding moral hazard, which has subsequently been thrown out the window. (4) The government's unwillingness to provide transparent rescue plans started with the mysterious $29bn Bear… [read post]
25 Feb 2013, 5:54 pm
On March 1, 2013, Fannie Mae and Freddie Mac will begin to allow some homeowners who need to move but are stuck in their “underwater homes” to give up their houses and cancel their debt. [read post]
15 Feb 2011, 9:59 am
Mais les analystes disent que les acheteurs traditionnels – qui comptent sur un financement pour l’achat de logements – seront nécessaires pour qu’un rebond du marché du logement soit complet, et la clé en sera des entités parrainées par la Gouvernement, comme Fannie Mae et Freddie Mac qu’il pense d’ailleurs réformer. [read post]
14 Mar 2012, 8:43 am
Among the other market crisis cases brought by the SEC are proceedings against: • RBC Capital Markets LLC who was named in a September 2011 settled administrative proceeding brought by the SEC for misconduct relating to the sale of unsuitable investments (credit-linked notes that were tied to the performance of synthetic collateralized debt obligations or "CDOs") to five Wisconsin school districts; • Thomas Wu, the former CEO of United Commercial Bank, who was sued by the SEC for… [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]
28 Oct 2012, 6:16 pm
Fannie Mae and Freddie Mac, quesi-private companies, engaged in various corrupt practices during the housing boom in order to gain added business (see the expose of these companies in “Reckless Endangerment” by Morgenson and Rossner). [read post]
5 Jul 2009, 8:40 am
• Freddie Mac received another $6.1 billion from the U.S. [read post]
7 Aug 2012, 1:52 am
Since most home loans in the U.S. belong to Freddie Mac or Fannie Mae, you can usually find the weekly interest rate "floor" and "ceiling" online. [read post]
28 Sep 2016, 7:34 am
However, this case, like the litigation brought by Freddie Starr, should be a warning against taking such robust action when doing so may harm your reputation further. [read post]
6 Jan 2014, 6:44 am
Since Freddie Mac did not own the note and mortgage at the time it filed a foreclosure action against the Schwartzwalds, it lacked standing to bring the action. [read post]
22 Apr 2022, 1:33 pm
If, for example, your supervisor called your male coworkers benign things like “Lucky Louie” and “Steady Freddie,” but called you and your female colleagues demeaning things like “Becky Big Butt” and “Thicc Thea,” that might potentially be evidence that the use of demeaning nicknames was based on sex. [read post]
16 Dec 2010, 4:15 am
And this time around, we divvied up the reporting--she took on the subprime companies, Goldman Sachs, Fannie and Freddie, among other topics, while I covered Merrill Lynch, AIG, the Clinton era in Washington and so on. [read post]
14 Jan 2010, 7:47 pm
He meant all the rest of the unpaid balance of the $700 billion given to entities like the effectively nationalized Freddie Mac and Fannie Mae and auto makers GM and Chrysler (whose big labor unions have done so much to make the auto makers uncompetitive with their foreign counterparts while solidly supporting the Democratic Party), none of whom have paid a nickel back (nor will likely ever pay any of it back), and none of whom will be subject to the "financial crisis responsibility… [read post]
6 Feb 2012, 12:40 pm
Also, there is much progress in refinancing homes whether the home ownership is under Fannie Mae, or Freddi Mac as long as the homeowners are current on their payment. [read post]
8 Jan 2009, 5:09 am
The people with whom the Chamber and the Institute do battle are not the people who invented or allowed the great pyramid schemes which brought down Freddie Mac and Fannie Mae. [read post]
17 Dec 2015, 2:43 pm
And both HUD and the FHFA—the two key housing regulators whose principal leaders are speaking before and after me today—have announced that the FHA, Fannie Mae, and Freddie Mac will apply the same basic approach in dealing with mortgage loans that are made under the new rule. [read post]
5 Nov 2010, 8:45 am
The Loan Modification Scam Prevention Network (LMSPN) was launched on April 26, 2010 and is led by Fannie Mae, Freddie Mac, , the Homeownership Preservation Foundation (1-888-995-HOPE), NeighborWorks America (LoanScamAlert.org) and the Lawyers’ Committee for Civil Rights Under Law (PreventLoanScams.org). [read post]
20 Apr 2011, 8:15 am
Farkas and his co-conspirators began to run overdrafts in TBW bank accounts at Colonial Bank in order to cover TBW’s cash shortfalls and then transferred money between accounts at Colonial Bank to hide the overdrafts; • after the overdrafts grew to more than $100 million, the conspirators covered up the overdrafts and operating losses by causing Colonial Bank to purchase from TBW more than $1.5 billion in worthless mortgage loan assets, including loans that TBW had already sold to other… [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]
