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4 Jan 2010, 8:44 am by John Watts & M. Stan Herring
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]
8 Sep 2008, 11:31 am
Allison Jr., who was named chief executive of Fannie Mae on Sunday, brings to the job nearly [...] [read post]
17 Oct 2013, 3:15 am by propertyprof
The Chicago Tribune runs a story indicating that Freddie Mac and Fannie Mae will start pursing foreclosure deficiency judgements more aggressively: Fannie and Freddie can pursue judgments against borrowers who walk away from their loans even though they have the... [read post]
2 Sep 2011, 3:29 pm by Jennings Strouss & Salmon
The federal agency that oversees Fannie Mae and Freddie Mac filed lawsuits Friday against 17 financial institutions, including some of the largest American banks, alleging that they made misrepresentations when they sold private-label mortgage-backed securities to Fannie and Freddie. [read post]
3 Jan 2014, 3:15 am by Steve Clowney
Fannie Mae & Freddit Mac might have become too profitable to close: WASHINGTON — Federal officials swooped in to rescue mortgage finance giants Fannie Mae and Freddie Mac in 2008 with the largest of all the financial crisis bailouts —... [read post]
29 Oct 2012, 10:32 am by BuckleySandler
On October 24, the United States Attorney’s Office for the Southern District of New York (SDNY) filed a $1 billion civil mortgage fraud lawsuit against a mortgage lender and a major financial institution in connection with loans sold to the government-sponsored enterprises (GSEs), the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac). [read post]
25 Mar 2012, 11:12 am by admin
On March 22, the Office of Inspector General for the Federal Housing Finance Agency (FHFA IG) released the results of the following audit and surveys: (i) an audit of Fannie Mae’s single-family underwriting standards, (ii) a survey of FHFA’s oversight of the charitable activities of Fannie Mae and Freddie Mac, and (iii) a survey of FHFA’s oversight of Fannie Mae’s and Freddie Mac’s expenses related to the 2011 Mortgage Bankers Association… [read post]
31 Aug 2013, 4:26 pm
But now due to a Hudson, Florida mortgage broker's (Pam Marron) persistence and lobbying efforts, Fannie Mae has found a cure. [read post]
15 Jan 2010, 11:07 am by James Hamilton
Total funding provided under these agreements through the third quarter has been $51 billion to Freddie Mac and $60 billion to Fannie Mae. [read post]
16 Jun 2012, 5:45 am by BuckleySandler
The report cites certain key challenges of Fannie Mae and Freddie Mac, which include (i) the ongoing stress in the national housing market, (ii) the broader economic environment, and (iii) the lack of certainty about the future of Fannie Mae and Freddie Mac. [read post]
27 Aug 2018, 7:26 am by John Jascob
Circuits—in denying shareholder claims against Fannie Mae and Freddie Mac over the government-sponsored enterprises’ net worth sweep (Saxton v. [read post]
15 Jun 2011, 12:58 pm by Zoe Tillman
Fannie Mae was tasked with managing HAMP, and entered into contracts with mortgage providers and services to carry it out. [read post]
25 Sep 2011, 6:14 am
A new bill has been introduced into Congress that would allow Fannie Mae, Freddie Mac and other banks to rent these home for up to 5 years to the existing occupants or new tenants. [read post]
4 May 2012, 8:36 am by Ryan Blay
  Freddie Mac and Fannie Mae back over half of the nation’s mortgage loans. [read post]
15 Nov 2008, 12:08 pm
GIANT LOSERS: Fannie, Freddie . . . and Frank? [read post]
5 Oct 2011, 5:06 pm
Servicers who handle Fannie and Freddie loans must use these attorneys for foreclosure actions. [read post]