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7 May 2007, 9:40 am
The article I saw in today's Virginia Lawyers Weekly noted that some Freddie Mac and Fannie Mae forms may no longer be usable in Virginia unless they are modified to comply with this new law.The new law also requires that "[n]ear the notary's official signature on the notarial certificate of a paper document, the notary shall affix a sharp, legible, permanent, and photographically reproducible image of the official seal," § 47.1-16(C) (emphasis added),… [read post]
7 May 2007, 7:25 am
[Previous months in review available here: March 07, Feb 07, Jan 07; Dec 06,]   With the spectacular implosion of subprime lender New Century, Breaking the bank: New Century files bankruptcy, I devoted a lot of pixels to the subprime problem, starting with a primer, Subprime lending: the dramatis personae and offering some gratuitous advice in What's a delinquent borrower to do? [read post]
1 May 2007, 8:19 pm
Instead, the committee called a regulator, the federal housing commissioner, the heads of Fannie Mae and Freddie Mac, several nonprofits, and two banking and securities lobbyists. [read post]
1 May 2007, 8:15 am
  (As I've noted before, combined debt issued by Fannie Mae and Freddie Mac exceeds that of the US Treasury!) [read post]
30 Apr 2007, 3:24 am
I discussed a few things mentioned in OFHEO’s recent report on its two wards, Fannie & Freddie. [read post]
26 Apr 2007, 9:00 am
  Schumer has said it might come from a federal appropriation or perhaps the Federal Housing Administration or mortgage financiers Fannie Mae and Freddie Mac. [read post]
24 Apr 2007, 7:15 am
  Essentially, you become the insurance company.Take the case of Freddy Aguilera, who was hired at $65.00 per day to install rain gutters. [read post]
23 Apr 2007, 8:38 pm
US Bank and Wells Fargo also have lent their support to the hotline, along with the Division of Housing, the Colorado Association of Realtors, Freddie Mac and the Colorado Mortgage Lenders Association [read post]
22 Apr 2007, 1:33 pm
This is a good way to get taxpayers to assume the costs, as few taxpayers understand that loading up the balance sheet of explicitly-guaranteed government agencies like the FHA or implicitly-guaranteed (too-big-to-fail) government sponsored enterprises like Fannie Mae or Freddie Mac with toxic mortgage debt is a form of taxation. [read post]
20 Apr 2007, 10:57 am
Blues:  Little Freddie King's Sing Sang Sung, Skip James' Hardtime Killing Floor Blues, and Snooky Pryor and his Mississippi Wrecking Crew Country:  Wille Nelson's Greatest Hits and Johnny Cash's The Fabulous Johnny Cash Folk:  Be Good Tanyas' Blue Horse, Jolie Holland's Escondida, Mary Lou Lord's Live City Sounds, and Po' Girl. [read post]
19 Apr 2007, 2:50 am
" Freddy Jones and Sergio Rodriguez turned in B to B-minus performances; sparkling they weren't. [read post]
17 Apr 2007, 11:57 am
Freddie has just bowled a fast ball. [read post]
16 Apr 2007, 3:24 am
Freddie Mac: Federal Home Loan Mortgage Corporation (FHLM); a federally-chartered corporation that purchases residential mortgages, securitizes them, and sells them to investors; this provides lenders with funds for new homebuyers. [read post]
12 Apr 2007, 4:24 am
Freddie expects to have quarterly statements produced in 2007; Fannie hopes to get restated 2005 and 2006 financials completed by the second half of 2007. [read post]
12 Apr 2007, 12:42 am
Tonight recent acquisition (and hometown product) Freddy Jones started pumping in the points at the end, winding up with 18. [read post]
9 Apr 2007, 6:53 am
The guide provides detailed advice on the mechanics of obtaining a workout, with specific options for Fannie Mae, Freddie Mac, subprime, FHA-insured, VA, and Rural Housing Service loans. [read post]
9 Apr 2007, 6:15 am
  Chartered by the government to promote home ownership, Fannie Mae and Freddie Mac buy mortgages from lenders, which then have more money to make loans. [read post]
1 Apr 2007, 8:49 am
"     You don’t know the answer until you push the button   Asked about Fannie Mae's move, a Freddie Mac spokesman said, "We are absolutely not a duopoly. [read post]