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26 Jun 2013, 9:45 am
Wind Down of Fannie Mae and Freddie Mac: The bill would wind down the existing portfolios of Fannie Mae and Freddie Mac by at least 15% annually until they are completely liquidated. [read post]
16 Jan 2015, 4:11 pm by Boris Volodarsky
On January 14, FHFA released the 2015 Scorecard​ outlining specific priorities for Fannie Mae, Freddie Mac and their joint venture, Common Securitization Solutions, LLC. [read post]
26 Mar 2012, 3:22 pm by Steve Bainbridge
The unprecedented growth, eventual take-over of half the mortgage market and ultimate failure of Fannie Mae and Freddie Mac stems from the decision-making strategies of the companies’ managers. [read post]
8 Apr 2011, 6:15 am
DeMarco also gave several more reasons that Fannie and Freddie not writing down loan balances: according to their statistics, only 10% of Fannie Mae and Freddie Mac owned loans are actually underwater; most underwater homeowners are still paying on their loan; and that the companies do offer forbearance plans for struggling homeowners which don't require payments, but those payments are not ultimately forgiven. [read post]
14 Jul 2008, 7:07 pm
Over at the Foundry, Conn Carroll is pointing out an apparent error in Paul Krugman's defense of the political entities doing business as Fannie Mae and Freddie Mac.... [read post]
9 Feb 2011, 11:17 am by gstasiewicz
Overall, members of Congress have received more than $4.8 million in political contributions from Fannie Mae and Freddie Mac over the last ten years. [read post]
22 Jan 2009, 11:53 am
Recently, government-run mortgage finance company Fannie Mae promised to assist tenants by signing new leases with those living in Fannie-owned properties that have been foreclosed. [read post]
18 Oct 2011, 2:10 pm by Jenna Greene
Fannie Mae and Freddie Mac are dumping their law firm networks and instead will let mortgage servicers hire their own lawyers to process foreclosures. [read post]
10 Aug 2010, 9:26 am
The key date many experts have pointed to is August 17 when the Treasury Department holds a meeting on the future of Fannie Mae and Freddie Mac. [read post]
12 Jul 2008, 1:22 pm
This story in today's Washington Post describes the federal government's emergency plan for the bail out of the huge mortgage backers Fannie Mae and Freddie Mac and that the government backed off after signs that the institutions were stable -- for now. [read post]
10 Apr 2010, 2:19 pm by Kenneth Anderson
” For fifteen years now, I’ve worked out in the gym in the basement of the Fannie Mae foundation, next door to the main Fannie Mae headquarters. [read post]
30 Nov 2011, 11:03 am
How Paulson Gave Hedge Funds Advance Word of Fannie Mae Rescue, Bloomberg.com, November 29, 2011 Losses from Fannie Mae, Freddie Mac seizures may near $400 billion, Los Angeles Times, September 16, 2011 U.S. [read post]
24 Jul 2008, 12:06 pm
The House approved far-reaching government assistance on Wednesday for the nation's housing market, including broad authority for the Treasury Department to protect Fannie Mae and Freddie Mac from collapse. [read post]
8 Jul 2008, 11:45 am
One of the strongest warning signs came Monday, when shares of the nation's most important mortgage companies, Fannie Mae and Freddie Mac, plummeted. [read post]
15 Feb 2012, 6:57 am by cheynovi
Instead of simply foreclosing and taking the write-off, Fannie Mae will now investigate as to whether the foreclosure was warranted or not. [read post]
27 Oct 2015, 1:58 pm by Michael Sugarman
On October 19, 2015, the Federal Housing Finance Agency issued a Final Notice indicating that it will continue to use “expanded-data” House Price Index when establishing Freddie Mac and Fannie Mae’s maximum conforming loan limits. [read post]