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1 Aug 2012, 5:19 pm
Now you can see why creditors wanted to force the borrower to actually go get another loan…because they can’t due to the back room veto authored by yours truly at HUD, FHA, VA, FNMA, FREDDIE MAC and all of the other platonic guardians that are supposed to “protect” us. [read post]
13 Feb 2015, 3:33 pm
While this includes many of the obvious iconic horror characters, such as Freddie, Jason, Pinhead, etc., it also includes elements from less-obvious sources such as Doctor Who, Star Trek and the list goes on. [read post]
20 Mar 2020, 5:33 pm
Federal regulators, through Fannie Mae and Freddie Mac, are ordering lenders to offer homeowners flexibility and the entire mortgage industry may soon follow suite. [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]
3 Mar 2014, 10:30 am
Let us never forget what this man did, as described by the trial judge:On February 21, 1978, Freddie Lee Hall kidnapped Karol Lea Hurst from the parking lot of a grocery store as she was carrying her packages to her car. [read post]
21 Mar 2009, 6:35 pm
And reader Freddy Clayton sends this report from Orlando: “I am an enthusiastic reader who has checked in with Instapundit nearly daily for almost six years. [read post]
12 Dec 2009, 3:04 am
But while Fannie & Freddie were the only ones lending, It would soon be apparent that most folks would stop spending. ~~~ Throughout most of the year we pumped cash never ending, So banks would be healthy, or so we’d be pretending. [read post]
27 Jul 2010, 6:05 pm
” Here’s what happened according to the story in the Times… When the meltdown started the Fed wanted to hold down long-term interest rates in order to prop up the housing market, so it started buying more Treasuries, mortgage backed securities, and the debts of Fannie and Freddie. [read post]
20 Jul 2010, 5:21 am
But I join the chorus of those who believe that the bill largely fails to address the root causes of the financial crisis and the financial system weaknesses exposed by it; grants discretionary authority to regulators to perform acts already within their existing powers, such as identifying systemic risks (which they did not use before the last crisis, and are not likely to use before the next one); punts the bulk of meaningful issues to regulators; and fails to address at all items that… [read post]
22 Sep 2010, 7:26 am
The authors Graham Greene, Arthur Ransome, Somerset Maugham, Compton Mackenzie and Malcolm Muggeridge, and the philosopher AJ "Freddie" Ayer, all worked for MI6, Britain's Secret Intelligence Service admitted for the first time today . [read post]
23 Sep 2008, 3:06 pm
Some Severance Payments Beat the Regulators The Federal Housing Finance Agency, which took control of Fannie Mae and Freddie Mac, says it will curtail severance payments to their ex-CEOs. [read post]
22 Jul 2022, 5:35 am
’ Weiss said the open Hurricane Irma claims and Sawgrass Mutual failure raise ‘serious questions for consumers and regulators,’ such as why they occurred despite the ratings deemed acceptable by Freddie Mac and Fannie May? [read post]
24 Jan 2011, 5:53 pm
He states, "When China receives dollars for the many goods it sells us, instead of recycling those dollars into the purchase of US goods, it uses that money mostly to buy US Treasuries and Agencies (Fannie/Freddie securities). [read post]
21 Sep 2008, 1:52 pm
Lack of Responsiveness on the Part of BoardsLeading shareholder activist, Carl Icahn, notes on his Blog, The Icahn Report:"What has transpired in recent weeks with Lehman Brothers, AIG, Fannie Mae, Freddie Mac and Merrill Lynch is shocking. [read post]
16 Jun 2023, 9:05 pm
Similarly, a 2021 study by Freddie Mac, a government-sponsored enterprise, found that a property in a Black or Latino neighborhood is more likely to receive an appraisal value below the contract price than a comparable property in a white neighborhood. [read post]
17 Jun 2010, 5:27 am
., a wholly-owned subsidiary of Taylor Bean, to divert funds which it received from Freddie Mac and other third parties for purchases of mortgages to Taylor Bean in order to pay down Taylor Bean’s debt to Colonial Bank. [read post]
24 Apr 2020, 11:15 am
If the acquired properties are backed by institutions such as Fannie Mae, Freddie Mac, HUD, or the VA, the lender or servicer will convey those properties to these entities for eventual marketing and sale. [read post]
11 Sep 2009, 4:43 am
With AIG, Fannie and Freddie shooting to unpredicted heights in recent weeks - weeks when the volume of trading in their stocks represented a sizable chunk of the overall market's volume - I've begun to wonder whether the high-frequency trading craze is the latest innovation by Wall Street that poisons our financial system. [read post]
23 Oct 2011, 1:00 pm
He also urged the Administration and Congress to commit to an orderly wind down of Fannie and Freddie, replacing the government’s role in residential mortgages with that of private financial institutions.It is important to address the role of money market mutual funds in the United States, said the Chairman, adding that the time has come to harness money market funds in a manner that recognizes both their structural importance in diverting funds from regulated banks and their… [read post]
11 Oct 2010, 7:32 am
A top aide to the House Speaker profited by trading shares of Freddie Mac and Fannie Mae in a brokerage account with her husband two days before the government authorized emergency funding for the companies. [read post]
