Search for: "FANNIE MAE"
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19 Dec 2006, 6:26 pm
Fannie Mae is also an employment agency for apparatchiks. [read post]
4 Mar 2010, 3:21 pm
Reiss (Brooklyn) has posted Fannie Mae and Freddie Mac: Creatures of Regulatory Privilege, published in FINANCIAL INSTITUTIONS AND MARKETS: CURRENT ISSUES IN FINANCIAL MARKETS, Robert R. [read post]
14 Sep 2008, 1:53 pm
This major story in today's Washington Post takes the position that the failure of congressional leaders and the Clinton Administration to curb the uncontrolled growth of Fannie Mae and Freddie Mac -- and to withstand the enormous lobbying pressure from the two mortgage giants -- led to their meltdown. [read post]
8 Nov 2007, 2:19 am
New York Attorney General Andrew Cuomo's office issued subpoenas to government-sponsored mortgage finance giants Fannie Mae and Freddie Mac requiring the production of documents related to mortgages issued by Washington Mutual, a large thrift, that included allegedly inflated home appraisals.... [read post]
2 Jan 2012, 9:49 am
On December 16, 2011, the SEC filed two separate suits charging securities fraud by three former top executives from Fannie Mae and Freddie Mac, respectively. [read post]
18 Sep 2008, 6:12 pm
We've been receiving quite a few questions lately asking why the government has structured the Fannie Mae/Freddie Mac takeovers at 79.9% ownership, rather than 80% or some other figure. [read post]
21 Sep 2010, 10:11 am
If Fannie Mae is not satisfied with the servicers response, Fannie may then assess a compensatory fee. [read post]
5 Sep 2014, 7:51 am
Allen was also ordered to pay $96,400 and $97,900 in restitution, respectively, to National City Bank and Fannie Mae, the financial institutions that he helped defraud. [read post]
23 Mar 2011, 7:18 am
Reduction in Federally Supported Mortgages If the amount of Fannie Mae, Freddie Mac, and FHA loans are reduced as per the proposals, borrowers are going to have to depend more upon their local banks and credit unions. [read post]
14 Aug 2012, 9:24 am
Mudd, et al., 11 Civ. 09202, Aug. 10, 2012)Rather, Fannie Mae is a private corporation whose stock is listed on the exchange and is publicly traded. [read post]
5 Mar 2009, 7:00 am
Fannie Mae and sibling company Freddie Mac were seized by federal regulators last fall. [read post]
11 Jul 2013, 2:07 pm
As further alleged in the Information, Coastal failed to remit some of the mortgage loan payoffs that it received from borrowers to Freddie Mac and Fannie Mae, resulting in a loss to Freddie Mac and Fannie Mae. [read post]
18 Oct 2008, 3:28 pm
Fannie Mae and Freddie Mac — government sponsored enterprises that enjoy an implicit federal guarantee that allows them to borrow money cheaply — stood ready to buy or guarantee all sorts of crazy mortgages. [read post]
10 Oct 2011, 3:56 pm
No loans are eligible for a debt reduction if they were bought and held or securitized by Fannie Mae and Freddie Mac. [read post]
30 Sep 2010, 10:42 pm
Politico reports here on a decision of the DC District Court, denying Judicial Watch's request for Fannie Mae and Freddie Mac's records concerning campaign contributions.... [read post]
8 Apr 2020, 10:06 am
On March 23, the FHFA authorized Fannie Mae and Freddie Mac to enter into additional dollar roll transactions, to support additional liquidity to investors of agency mortgage-backed securities. [read post]
18 Mar 2009, 2:35 pm
Here's the next furor: Fannie Mae is due to pay retention bonuses of as much $470,000 to $611,000 this year to some executives despite enormous losses at the government-backed mortgage company. [read post]
19 Dec 2016, 2:53 pm
The statute established a duty for Fannie Mae and Freddie Mac to serve three underserved markets: manufactured housing, affordable housing preservation and rural housing. [read post]
4 Jan 2010, 8:44 am
However, as this decision was being made, Fannie Mae and Freddie Mac's executives said they received approval to pay $42 million in "Wall Street style compensation" to their top 12 executives for 2009. [read post]
13 Jan 2011, 5:30 am
Following the recent announcement that Ally Financial has reached a settlement with Fannie Mae on mortgage buybacks, mortgage giant Bank of America has announced that it too will settle with Fannie Mae and Freddie Mac with regard to the requests of the two companies to buy-back the non-performing mortgages. [read post]