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1 Jan 2009, 10:34 pm by Sean Hayes
The government, hell-bent on distorting our markets, created distortions that motivated all to ignore market realities, which led to loans to credit unworthy borrowers.These market distortions were caused by the Federal Reserve, the unmitigated backing by Congress of Fannie Mae and Freddie Mac, the Federal Housing Administration loosening of down-payment requirements, the strengthening of the Community Reinvestment Act, and the Department of Housing asserting pressure on lenders to lend. [read post]
3 May 2011, 10:29 am by Tomassi Law Associates
Securitization dates back to the 1970s, when mortgage-backed securities were issued for the government and government-sponsored entities such as the Government National Mortgage Association (GNMA or Ginnie Mae), the Federal Home Loan Mortgage Corporation (FHLMC or Freddie Mac), and the Federal National Mortgage Association (FNMA or Fannie Mae), says Adam Meyer, CSAs CEO. [read post]
9 Oct 2008, 4:00 pm
"  The failure to maintain the ban had serious consequences: Many of the firms that have recently collapsed or have been forced into emergency mergers, takeovers, or government bailouts - Bear Stearns, Lehman Brothers, Merrill Lynch, Fannie Mae, Freddie Mac, AIG - did so during the gaps of time in which there was no meaningful regulation of naked short selling. [read post]
27 Jun 2011, 11:27 am by Rich Vetstein
Not only do unpaid condo fees threaten the financial health of a condominium, but a high delinquency rate can run afoul of Fannie Mae/Freddie Mac and FHA condominium lending guidelines, thereby hindering the sale of a unit. [read post]
15 Sep 2008, 5:14 am
  Fannie Mae and Freddie Mac were lucky to beat the rush last week.According to the advocates of the view that business is self-regulating and doesn't need government regulations tying its hands, or lawyers suing it into oblivion to keep it honest, we should be in the biggest economic expansion, business boom, ever in the history of mankind this morning. [read post]
16 Jun 2012, 5:31 am by Rich Vetstein
Freddie Mac and Fannie Mae Tell Banks To Speed Up Short Sale Decisions Real Estate Industry Braces For Another Overhaul Of HUD-1 Settlement Statement And Truth-In-Lending (TIL) Disclosures Note: this bill is completely different from the controversial “Bathroom Bill” giving transgendered persons restroom access. [read post]
21 Feb 2012, 4:47 am by Mandelman
 Besides, by then I had started getting more suspicious that Fannie and Freddie were responsible for more of the problems than I had previously thought. [read post]
8 Dec 2010, 3:00 pm by My name
    In August 2010, the Federal Housing Finance Agency (FHFA) proposed “Guidance on Private Transfer Fee Covenants” (No. 2010-N-11) that would prohibit Fannie Mae, Freddie Mac, and the Federal Home Loan Banks from purchasing mortgages with private transfer fee covenants. [read post]
29 May 2012, 11:14 am by Rich Vetstein
Freddie Mac and Fannie Mae Tell Banks To Speed Up Short Sale Decisions Real Estate Industry Braces For Another Overhaul Of HUD-1 Settlement Statement And Truth-In-Lending (TIL) Disclosures A Different Type Of Tear-Down: Court Orders Million Dollar Marblehead Manse Demolished For Zoning Violation [read post]
6 Nov 2008, 3:19 pm
  FHA, Fannie and Freddie must provide leadership by developing safe and suitable mortgage products, and banishing no-doc and no-down-payment mortgages. [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]
31 May 2007, 1:42 pm
All of those options involved actions that needed to be taken by state or local health authorities, he said.Reminds me of the Freddie Prinze line from Chico and the Man . . . [read post]
15 Mar 2015, 3:59 pm by Tammy Binford
The Fortune article mentions that hiring managers at Freddie Mac, one of the employers actively seeking neurodiversity, were coached to be open to adapting screening practices “so autistic candidates could shine. [read post]
30 Sep 2014, 7:56 am by Allison Tussey
In total, the scheme collected at least $4.9 million from more than 1,000 homeowners, including homeowners whose mortgages were owned by the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac). [read post]
23 Jul 2012, 9:40 am by Rosa Schechter
" 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]
16 Sep 2007, 3:29 pm
Suburban teens are dying off at the hands of Freddy Krueger, an evil, vengeful already dead guy. [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]
14 Jul 2008, 1:03 am
" Hey, at least they're talking about this instead of James Johnson, Fannie Mae, and Freddie Mac. [read post]
4 Jul 2011, 2:25 am by Tomassi Law Associates
The fate of mortgage insurers, which enable loans with low down payments to be sold to Fannie Mae and Freddie Mac, for now appears to be on hold, agreed Jim Ryan, a senior analyst at Morningstar. [read post]