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2 Dec 2019, 4:30 pm
Following the release of the ARRC’s Recommendation, Fannie Mae announced in a press release that it will replace LIBOR with the SOFR and will adopt this recommended fallback language for new U.S. [read post]
18 Nov 2019, 6:13 am
Goldman Sachs Group Inc agreed to pay $20 million to resolve claims by investors that it conspired to rig prices of bonds issued by Fannie Mae and Freddie Mac. [read post]
31 Oct 2019, 3:57 am
Supreme Court to toss out a lawsuit by Fannie Mae and Freddie Mac investors that challenged the federal government’s hoarding of almost all the mortgage giants’ profits. [read post]
30 Oct 2019, 9:57 am
Seeks Supreme Court Review of Fannie-Freddie Profit Sweep”: Greg Stohr of Bloomberg News has this report. [read post]
30 Oct 2019, 7:24 am
This paper was originally presented at a national Symposium on Housing Tenure and Financial Security, hosted by the Harvard Joint Center for Housing Studies and Fannie Mae in March 2019. [read post]
30 Oct 2019, 4:00 am
Shawn Verges, a special education teacher at Fannie C. [read post]
26 Oct 2019, 5:18 am
Humphreys underlined that, however, the Dick and Fanny case is quite dated, and the outcome might be different today. [read post]
11 Oct 2019, 8:02 am
Since August, the company has been ferrying passengers between a Fannie Mae office building at the site and an overflow parking lot a few minutes' walk away. [read post]
7 Oct 2019, 3:01 am
Kendi] Late in its tenure, Obama administration began warning Fannie Mae that discouraging some of the riskiest mortgages (>43% debt-to-income) “could be seen as a violation of the Fair Housing Act. [read post]
1 Oct 2019, 6:58 am
In doing so, the court struck down Cleveland’s Fannie Lewis Law. [read post]
1 Oct 2019, 4:02 am
” At Reason’s Volokh Conspiracy blog, Jonathan Adler notes that “[s]everal shareholders of Fannie Mae and Freddie Mac” who won a lawsuit alleging that “the limitations on the removal of the FHFA’s Director violate[] the separation of powers” have asked the Supreme Court to review the decision because they “are unsatisfied with the remedy” the lower court provided. [read post]
29 Sep 2019, 3:56 pm
Several shareholders of Fannie Mae and Freddie Mac were unhappy with actions taken by the Federal Housing Finance Agency (FHFA) that greatly diminished the value of their shares. [read post]
27 Sep 2019, 8:30 am
I hadn’t expected to see so many women in the case files—certainly not women who carried lipgloss, beaded bracelets and fanny packs. [read post]
18 Sep 2019, 6:00 am
Newark, NJ citizen and nursing home assistant Monique Beaucejourwas recently charged for the manslaughter of 85-year old Fannie McClain, who perished while under Beaucejour’s care at Waterview Nursing Home in Cedar Grove, NJ. [read post]
16 Sep 2019, 6:20 am
Deutsche Bank AG will pay $15 million to resolve claims it conspired to rig prices of bonds issued by Fannie Mae and Freddie Mac, becoming the first of 16 financial services companies to settle litigation by investors. [read post]
13 Sep 2019, 12:30 pm
After the housing crisis in 2007, Congress created the Federal Housing Finance Agency, an independent agency designed to supervise lenders Fannie Mae and Freddie Mac. [read post]
11 Sep 2019, 5:24 pm
“Hedge Funds Get a Crack at Weakening the Administrative State; The Fifth Circuit takes some power away from the agency that oversees Fannie Mae and Freddie Mac”: Law professor Noah Feldman has this essay online at Bloomberg Opinion. [read post]
10 Sep 2019, 10:18 am
“Mnuchin considers appealing Fannie Mae, Freddie Mac investor lawsuit to the Supreme Court”: Kevin Breuninger and Diana Olick of CNBC have this report. [read post]
10 Sep 2019, 7:42 am
You hedge fund guys have waited 10 years. [read post]
10 Sep 2019, 6:12 am
Trump administration officials are going before Congress to defend their plan for ending government control of Fannie Mae and Freddie Mac. [read post]