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24 Oct 2012, 11:08 am
This is the first civil fraud case that the US Department of Justice has brought regarding the sale of mortgage loans to Freddie Mac or Fannie Mae. [read post]
21 Jul 2008, 3:32 pm
FANNIE AND FREDDIE'S ENABLERS: In the strange accountability of Washington, the same folks who put taxpayers on the hook for Fannie Mae and Freddie Mac are now demanding ransom to let taxpayers bail them out. [read post]
23 Sep 2010, 10:43 am
Fannie Mae is now requiring all companies that service Fannie Mae owned loans or Fannie Mae loans that have been pledged to mortgage-backed securities, to assign delinquent loans to an attorney from the Retained Attorney Network approved by Fannie Mae. [read post]
30 Mar 2012, 2:58 pm by BuckleySandler
On March 28, the Inspector General (IG) for the Federal Housing Finance Agency (FHFA) published a white paper that provides a general assessment of the FHFA’s conservatorship of Fannie Mae and Freddie Mac (the enterprises). [read post]
8 Sep 2008, 2:14 pm
So the government has now nationalized Fannie Mae and Freddie Mac, the feckless government-sponsored mortgage companies. [read post]
16 Jul 2008, 1:33 pm
Politico reports here that "Fannie Mae and Freddie Mac ... have spent nearly $200 million on lobbying and campaign contributions" in the past decade.... [read post]
8 Sep 2008, 2:09 am
Some VC readers were wondering what the US Stock Market is likely to do on Monday, the day after the federal takeover of Fannie Mae and Freddie Mac.... [read post]
30 Sep 2010, 10:35 am by gstasiewicz
According to Judicial Watch’s motion filed on March 5, 2009, Fannie and Freddie are no longer private enterprises, and therefore their records should be subject to FOIA law: Until they were seized by FHFA in September 2008, Fannie Mae and Freddie Mac were private corporations with independent directors, officers, and shareholders. [read post]
In After the Deal: Fannie, Freddie and the Financial Crisis Aftermath, we offer a solution to the problem of what to do with the profits being made by Fannie Mae and Freddie Mac, the subject of a dispute between the government, which has declared that it will keep those profits, and the shareholders of common and preferred stock left behind after the firms were quasi-nationalized, who have sought, in court, a share of them. [read post]
14 Jul 2010, 2:00 am by atussey@mortgagefraudblog.com
Brown Jr. is scheduled to discuss a major action he is initiating against mortgage giants Fannie Mae and Freddie Mac, as well as the federal agency that oversees them, for blocking an innovative program that is creating tens of thousands of jobs in California while saving homeowners and small businesses money on their utility bills. [read post]
17 Jun 2011, 3:58 pm by Jonathan H. Adler
Adler) BLT reports that Ohio Attorney General has “suspended” noted plaintiffs attorney Stanley Chesley, aka the “Master of Disaster,” from the state AGSs’ lawsuit against Fannie Mae due to pending disciplinary proceedings against him. [read post]
18 May 2020, 10:46 am by Ashley Halvorsen
  On May 5, the Federal Housing Finance Agency (“FHFA”) extended loan origination flexibilities offered by Fannie Mae and Freddie Mac until at least June 30th. [read post]
23 Mar 2020, 11:58 am by Eric Nyman
  On February 18, the Federal Housing Finance Agency (FHFA) announced that Fannie Mae and Freddie Mac (the “Enterprises”) have published a Joint Credit Score Solicitation, which describes the process for credit score model developers to submit applications to the Enterprises. [read post]
28 Sep 2004, 5:02 pm
In Tuesday's corporations and securities law news, Roger Barnes, the Fannie Mae whistleblower who raised the company's accounting problems, will testify before a House Financial Services subcommittee on October 6. [read post]
15 Oct 2004, 5:33 am
In Friday's corporations and securities law news, the SEC's inquiry into Fannie Mae's accounting practices has become a formal investigation. [read post]
23 Feb 2005, 10:45 am
[JURIST] Leading Wednesday's corporations and securities law news, Fannie Mae's federal regulator, Office of Federal Housing Enterprise Oversight (OFHEO) [official website], has found additional problems with the company's accounting practices. [read post]
11 May 2012, 10:44 am by Jennifer C. Waryjas
While those with a sweet tooth may think of Fannie May as the Chicago-based chocolate company, Fannie Mae has only brought heartburn to Michigan as Fannie and Freddie Mac claimed a federal exemption from the Michigan real estate transfer tax as to the sale of foreclosed properties – costing Michigan millions of dollars in lost tax revenues. [read post]