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29 Apr 2009, 3:40 pm
Some of it has to do with legal action -- a California state law has delayed lenders' action on many defaults, while private lenders, Fannie Mae and Freddie Mac had temporarily suspended foreclosure actions during the early part of the year. [read post]
27 Apr 2009, 3:39 am
Last month, this Washington Post article outlined how the head of FHFA (which oversees Fannie Mae, Freddie Mac and the FHLB) urged Freddie and Fannie to make misleading disclosures [read post]
25 Apr 2009, 11:51 am
I see that the Acting Chief Financial Officer of Freddie Mac is thought to have committed suicide. [read post]
24 Apr 2009, 6:28 am
 He had worked 16 years  for Freddie  in the financial area  but had been the acting CFO only since last [...] [read post]
23 Apr 2009, 1:59 pm
If a loan’s initial interest rate under the program is less than the Freddie Mac rate, the interest rate will increase annually until it equals the current Freddie Mac rate, at which point it will be fixed. [read post]
22 Apr 2009, 10:31 pm
For most of us, Freddie Mac was a fairly distant memory, pushed aside by seemingly larger and more pressing troubles at GM, Citi, and Treasury.Now the spotlight is back on Freddie and Fannie. [read post]
22 Apr 2009, 6:01 pm
A MICKEY KAUS READER NOTES SOMETHING in a story about the death of Freddie Mac CFO David Kellerman. [read post]
22 Apr 2009, 5:26 pm by Ivy Grey
Only first mortgages on the borrower’s primary residence where the mortgage is owned by Fannie Mae or Freddie Mac are eligible for refinancing. [read post]
22 Apr 2009, 5:51 am
Kellermann, 41, has been Freddie Mac's chief financial officer since [...] [read post]
21 Apr 2009, 5:13 am
The students blame the fiery House Financial Services chairman for the financial meltdown, singling out his longtime support of Freddie Mac and Fannie Mae as contributing to the severity of the crisis and magnitude of bailouts. . . . [read post]
18 Apr 2009, 4:00 pm
The rule which takes effect on all Freddie Mac and Fannie Mae loans is highly controversial in the real estate industry. [read post]
15 Apr 2009, 6:49 am
As a matter of policy, we allowed housing prices to be subsidized, including through implied government support of Fannie Mae and Freddie Mac. [read post]
14 Apr 2009, 7:44 pm
In attendance were Cyndi Nance (Arkansas), Athornia Steele (Nova Southeastern), Don Lewis (Hamline), Freddie Pitcher (Southern), JoAnne Epps (Temple), John White (UNLV), Linda Ammons (Widener), Peter Alexander (Southern Illinois), Jim Chen (Louisville), Beto Juárez (Denver), McKen Carrington (Texas Southern), and Dan Bernstein (president of the Law School Admissions Council). [read post]
14 Apr 2009, 9:33 am
   Name  Nicole Sandberg  Department  Access Services  Tell us about your pet(s):  We have three kitties - Windsor, Wilfred (Freddy) and Isabel (Izzy). [read post]
13 Apr 2009, 4:43 am
All of us are now paying for the abuses of a few which were subsidized to a great extent by Fannie & Freddie . . . those quasi-government entities backed by the full faith and credit of the taxpayer.Much like Medicare, overall spending in the public option will be controlled over time by paying less for medical services, drugs and technology. [read post]
12 Apr 2009, 7:19 am
Ron: Until this crisis (which started in with Bear Stearns in March 2008 or with Fannie, Freddie, and AIG in September 2008, depending on your perspective), I would have said the prospects for any real change were close to zero. [read post]
11 Apr 2009, 1:41 pm
Bank of America announced this week that it has begun refinancing mortgages at up to 105% of home values under the Fannie/Freddie Home Affordable program, part of the Administration's foreclosure relief plan. [read post]