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7 Nov 2009, 3:40 pm
There are some things that every single US citizen should know… Preface In 2003, the Office of the Comptroller of the Currency (“OCC”), proposed a regulation that would preempt essentially all state banking and financial services laws as applied to national banks and their operating subsidiaries. [read post]
21 Dec 2010, 4:32 am by Mandelman
Now, I’m sitting here looking at Chris Whalen’s slide show, and Laurie Goodman’s remarks, and I’m thinking about the FHFA preventing Fannie and Freddie from doing any principal reductions, which I just wrote about yesterday… … and I’m remembering President Obama introducing the Making Home Affordable Program, and the cheers from the throngs of Americans who had waited for him to do something about the free fall in housing prices… and how… [read post]
14 Feb 2012, 4:28 am by Mandelman
This was a very controversial aspect of the settlement because Fannie Mae and Freddie Mac were concerned about the moral hazard aspect of rewarding people for having lost their home to foreclosure. [read post]
3 Dec 2009, 9:07 pm
On July and early September 2008 Freddie Mae and Fannie Mae, two government-sponsored companies in the mortgage industry, were aided by the U.S. [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]
21 Mar 2012, 5:42 am by Mandelman
  Look, I like Frank and Brian of Think Big/Work Small… I really do. [read post]
27 Aug 2015, 6:00 am by INFORRM
Most people are aware of the phone hacking scandal and the high profile defendants at the ‘trial of the century’ last year. [read post]
26 Mar 2017, 4:06 pm by INFORRM
Freddy Mayhew in the Press Gazette also referred to the publishing of these pictures, saying that the attack raised “both ethical and legal questions for journalists. [read post]
21 Mar 2012, 8:14 am by Mandelman
    “It’s hard to imagine a less-deserving group of victims: people who gambled during the housing bubble by purchasing homes with borrowed money that they knew or should have known they couldn’t afford, but who are now able to stay in the homes they should have never bought because of what amounts to paperwork errors on the part of the nation’s big banks. [read post]
26 Mar 2012, 6:52 am by INFORRM
The PCC has not made any new adjudications during its transition period, but there are several resolved cases to report: Mr Philip Bovey v The Independent, Clause 12, 26/03/2012; Mr Nic Bullough v Southern Daily Echo, Clause 1, 23/03/2012; Mr Freddie Wright v Daily Mail, Clause 1, 23/03/2012; Dr John Glasspool v The Daily Telegraph, Clause 1, 23/03/2012; The Scottish Refugee Council v Scottish Daily Mail, Clause 1, 23/03/2012; Ms Lucy Buckingham v Southport Visiter, Clause 6, 9, 21/03/2012;… [read post]
17 Jul 2021, 4:08 pm by INFORRM
The BBC has developed a reputation for arrogantly brushing off criticism and failing to acknowledge and rectify mistakes before the consequent damage to its reputation has been done. [read post]
25 May 2011, 4:46 pm by Mandelman
”) And today, the only mortgage lending in this country comes from the federal government… Fannie Mae, Freddie Mac and the FHA. [read post]
15 Dec 2015, 3:27 pm by Michael Grossman
UPDATE: In what came as a surprise to absolutely no one, this case was all but laughed out of court when it finally came before a judge. [read post]
1 Oct 2008, 8:13 pm
Friends, The richest 400 Americans -- that's right, just four hundred people -- own MORE than the bottom 150 million Americans combined. 400 rich Americans have got more stashed away than half the entire country! [read post]
10 Oct 2013, 6:04 pm by John Elwood
  Our final relist comes from a state that always avoids judicial controversy:  Freddie Lee Hall v. [read post]
2 Sep 2010, 7:53 am by admin
    Aside from giving the global financial markets confidence that treasury was standing firmly behind Fannie and Freddie – confidence further buttressed by the year-end lifting of funding caps – it also had the secondary effect, a probably-intended consequence, of holding down interest rates by essentially printing money. [read post]
26 Apr 2011, 11:01 am by admin
  They foresee the municipal debt markets seizing up – in much the same way Fannie Mae and Freddie Mac’s liquidity markets nearly froze up two years ago – and they are trying to create CDS lubrication to keep the markets functioning. [read post]
2 Nov 2017, 3:00 am by INFORRM
“#MeToo”: Five letters that have been tweeted millions of times in the past month, and demonstrate the enormous power of social media and how it can bring about change for the good. [read post]