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10 Sep 2009, 8:04 am
Frank, Franklin Raines, Jamie Gorelic, the Fannie Mae bonuses, and the Freddie Mac bonuses. [read post]
9 Sep 2009, 7:16 am
The folks in Congress, in conjunction with HUD, Fannie Mae and Freddie Mac decided anyone who wanted a home should have one.Poof! [read post]
9 Sep 2009, 1:22 am
Fannie Mae and Freddie Mac, the home mortgage interest deduction, even the willingness to bail out financial firms that had lost too much on mortgages, can all be seen as policies that encourage ordinary people to risk it all on real estate. [read post]
4 Sep 2009, 3:08 pm
According to OpenSecrets.org, from 1998 through 2008, the top ten recipients of Fannie Mae and Freddie Mac's political largess, are as follows: Senator Dodd (D-CT), then-Senator Obama (D-IL), Senator Kerry (D-MA), Senator Bennett (R-UT), Rep. [read post]
4 Sep 2009, 8:00 am
Banks bought $2.21 trillion of these securities which represents 16% of the industry's total assets of about $13.5 trillion. 1,400 banks purchased "private label" securities which are those not issued by Fannie Mae or Freddie Mac. [read post]
4 Sep 2009, 4:51 am
Result: In a surprise, Bowling Green stunned Troy 31-14, as Clawson and Ruggiero celebrated a successful coaching debut with the Falcons, with Tyler Sheehan throwing for 339 yards on 32 of 44 pass completions and Freddie Barnes catching 15 (!) [read post]
31 Aug 2009, 5:32 pm by The Bicycling Barrister
First a quick recap.The HVCC is not so much law, as it is the result of an agreed settlement entered into by Fannie Mae, Freddie Mac, and the office of the New York State Attorney General.The idea was to stem the tide of appraisal fraud and abuse by changing the way that lenders select their mortgage appraisers. [read post]
31 Aug 2009, 8:15 am
King, Canned  Heat, Chicago Transit Authority, Freddie King, James Cotton, Janis Joplin, Johnny Winter, Led Zeppelin, [...] [read post]
30 Aug 2009, 10:55 am
The article argues that the government is most clearly a control shareholder for the largest TARP recipients in which it holds an interest, including Citigroup, AIG, GM, Fannie Mae, Freddie Mac, and with some significant measure of certainty the nine remaining banks from among the top nineteen banks to originally receive TARP funding. [read post]
29 Aug 2009, 9:47 am
Freddie Mac was established in 1970 - they've had 39 years to get it right; it is broke. [read post]
26 Aug 2009, 8:59 am by Jeffrey Andersen
  Set forth below is a partial list of the issues identified by Jamie Dimon, all of which, to one degree or another, could fuel a future crisis:   ·         Poor underwriting standards that expanded the housing bubble ·         Use of poorly designed financial products (like option ARMs) ·         Poorly constructed securitizations … [read post]
25 Aug 2009, 4:23 pm
Meanwhile outlays will be $700 billion higher than last year, due largely to efforts to address the economic downturn, "in particular, $133 billion for the Troubled Asset Relief Program (TARP) and $291 billion for the estimated costs of placing Fannie Mae and Freddie Mac into conservatorship. [read post]
25 Aug 2009, 9:08 am
The Washington Post's Zachary Goldfarb notes in a story today that Fannie and Freddie shares - yes, despite being in conservatorship (receivership by any other name) by the US government... [read post]
25 Aug 2009, 7:57 am by David Snyder
According to the Notice, the Code, adopted in December 2008, "expanded on existing [Fannie Mae and Freddie Mac] appraisal standards, seeking to redress problems that contributed to the current mortgage crisis and to improve the quality of the mortgage loans they purchase. . . . [read post]
22 Aug 2009, 7:42 pm
 We might disagree about how to apportion blame between the government (Fannie-Freddie) and Wall Street. [read post]
20 Aug 2009, 7:47 am
Freddie Mac offered to deliver a check payable to the occupants who sign the stipulation. [read post]
19 Aug 2009, 6:44 am
Again, look no further than Fannie and Freddie for evidence of this phenomenon. [read post]
14 Aug 2009, 1:41 am
Subscription needed for online access: 08/13/2009 Letters to Secretary of Defense Robert Gates and Attorney General Eric Holder From House Intelligence Ranking Member Pete Hoekstra (PDF 152 KB)Letter Calls for a Delegation of State and Local Officials in Michigan to Inspect the Guantanamo Bay Detention Facility08/13/2009 Release: Federal Housing Finance Agency Report Shows Refinance Volumes on the Rise for Fannie Mae and Freddie Mac (PDF 128… [read post]
12 Aug 2009, 1:29 pm
(Freddie Mac) Securities Litig., MDL No. 2072 In re Meridian Funds Group Securities & Employee Retirement Income Security Act (ERISA) Litig., MDL No. 2082 Western District of Washington In re Park West Galleries, Inc. [read post]
10 Aug 2009, 9:08 pm
  While this has been raised as a general specter or with an analogy to the conflict between affordable housing regulation and safety-and-soundness in the case of Fannie Mae and Freddie Mac (more on that specific case in another post), precious few examples of potential conflicts have been put forth. [read post]