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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]
5 Nov 2008, 3:25 pm
That means no calls, no visits, no having Uncle Freddy call her on his behalf or calls to her work. [read post]
3 Nov 2008, 2:43 pm
Although Bernanke spoke in general terms about the importance of mortgage securitization, he did not say much about short term initiatives or what should really become of Freddie Mac and Fannie Mae. [read post]
31 Oct 2008, 12:30 pm
The event features a faculty of leading outside litigators, renowned jurists, and 24 senior in-house counsel from these companies: American Express • American General Finance • Bank of America • Capital One • Citi • Countrywide • Discover • GMAC • Greenpoint • First Data • Freddie Mac • Hyundai • iQor • MasterCard • Sovereign Bank • TCF National… [read post]
31 Oct 2008, 11:06 am
Now taxpayers aren't just on the hook for the debts but, arguably, for the fate of every corporation that sells them equity.Interestingly, mortgage fund giants Fannie Mae and Freddie Mac both enjoyed this kind of unspoken guarantee before they were nationalised at the start of this crisis. [read post]
30 Oct 2008, 11:25 am
Court of Appeal, Seventh Circuit, affirmed a federal district court's ruling that the Indiana State Lottery Commission was not a "state agency" and thus it was not entitled to 11th Amendment sovereign immunity with respect to unlawful discrimination claims filed by former employees pursuant to 42 USC 1981 and Title VII of the Civil Rights Act of 1964.Freddie Burrus and a number of other former lottery employees sued the Indiana State Lottery Commission alleging that had been… [read post]
29 Oct 2008, 10:46 pm
News release: "The Treasury Department and the Internal Revenue Service today issued Revenue Procedure 2008-64 (Rev. [read post]
28 Oct 2008, 8:28 pm
Maybe they didn't notice the fine job Barney Frank and the banking committee did with Fannie Mae and Freddie Mac. [read post]
27 Oct 2008, 5:00 pm
Freddie Mac’s board met thirteen times in 2007. [read post]
26 Oct 2008, 3:51 am
In 2003, the Bush administration attempted to create an agency “to regulate and supervise the financial activities” of Fannie Mae and Freddie Mac. [read post]
24 Oct 2008, 10:26 am
Fishermen catch dog a mile out to seaTwo North Sea fishermen made an unusual catch when they caught a dog.Freddie, a 14-year-old cairn terrier, became disorientated in the fog while on a walk with his owner Jean Brigstock.It slipped into the water as Mrs Brigstock, 73, searched for it but had no success and assumed he was hiding in a nearby holiday park.However, Freddie was swimming against the tide, almost a mile out to sea.He was only saved when the two fishermen spotted what they thought… [read post]
23 Oct 2008, 9:00 pm
Freddie. [read post]
23 Oct 2008, 3:00 pm
John Mica trying to blame Barack Obama for the financial crisis by saying that Obama was the “largest recipient in 20 years” of money from Fannie and Freddie’s PACs. [read post]
23 Oct 2008, 12:16 pm
Over the next few days, we will post the director compensation for Wells Fargo, Freddie Mac, and Fannie Mae (all three written by Joseph Aguilar) and JP Morgan, Citigroup and AIG (all written by Gregg Emmel). [read post]
22 Oct 2008, 4:35 pm
McCain prefaced his response by saying that the questioner 'probably hadn't heard of Fannie Mae or Freddie Mac'. [read post]
20 Oct 2008, 5:27 pm
Freddie Mac had hired a lobbyist specifically for the purpose of keeping regulation of the mortgage market at bay. [read post]
20 Oct 2008, 1:32 am
So Obama was paid off by Fannie and Freddie. [read post]
19 Oct 2008, 10:17 pm
The Journal article notes that Freddie Mac settled a prior securities lawsuit for $410 million (about which refer here). [read post]
19 Oct 2008, 9:13 pm
At this third stage, Fannie and Freddie did play a role, albeit a minor one. [read post]
19 Oct 2008, 5:57 pm
The global financial exchanges each sustained similarly devastating losses created by the integral linkage between foreign banks, especially the of Chinese banks and American institutions which ripped through Freddy and Fannie, largely because of a variant of [unregulated] "insurance," e.g., credit default swaps in which the notes or "policies" were transferred anonymously connecting other holders, these institutions spiral downward when the underlying note is due or… [read post]
