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4 Mar 2014, 11:21 am
Laskawy will step down from the chairmanship of Fannie Mae effective March 31, 2014, and will be succeeded by the current board member Egbert L. [read post]
4 Mar 2014, 10:21 am
Sullivan fifty years later; Will Baude posts his latest discussion with Eric Posner on originalism; Richard Epstein weighs in on the executive branch's dealings with Fannie Mae and Freddie Mac; and Richard Posner and Gary Becker discuss ending the embargo on Cuba. [read post]
25 Feb 2014, 5:17 am
Fannie Mae has the resources to do whatever it takes to collect its judgments. [read post]
20 Feb 2014, 2:00 pm
Fannie Mae is offering fairly sizeable incentives to buyers themselves. [read post]
13 Feb 2014, 2:55 pm
Fannie Mae. [read post]
13 Feb 2014, 1:59 pm
The FHFA, as conservator for Fannie Mae and Freddie Mac, asserted claims for violations of federal and state securities laws on the basis of allegedly false and misleading statements and omissions in the registration statements and prospectuses of securities sold to Freddie Mac and Fannie Mae. [read post]
13 Feb 2014, 1:36 pm
February 12, 2014, FHFA Oversight of Enterprise Handling of Aged Repurchase Demands “Why OIG Did This Report: “Various entities such as banks often sell mortgage loans to two Government Sponsored Enterprises – the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac); taxpayers invested heavily to keep these enterprises afloat during the recent housing crisis due to losses on those mortgages. [read post]
6 Feb 2014, 5:36 pm
Our empirical strategy exploits a discrete jump in interest rates generated by the conforming loan limit–the maximum loan size eligible for securitization by Fannie Mae and Freddie Mac. [read post]
4 Feb 2014, 8:07 am
This is exactly what we did with Fannie Mae: charter made available to the public in 1934, but no takers, so a new government entity was created in 1938. [read post]
31 Jan 2014, 9:58 am
The Appraisal Institute announced that Fannie Mae launched a website focused on its new Appraiser Quality Monitoring process, which evaluates appraisals for data accuracy and consistency. [read post]
30 Jan 2014, 7:33 pm
Federal National Mortgage Association that Fannie Mae and Freddie Mac enjoy statutory immunity certain state and local taxes--and that this congressionally granted... [read post]
28 Jan 2014, 7:59 am
” “James Lee Lankford participated in a fraudulent scheme that preyed on elderly victims and the banking industry, causing millions of dollars in losses to those individuals and to Fannie Mae,” said Michael P. [read post]
28 Jan 2014, 7:27 am
Deutsche Bank agreed to pay $1.9 billion to settle claims by the Federal Housing Finance Agency that it made misleading disclosures about mortgage-backed securities sold to Fannie Mae and Freddie Mac. [read post]
13 Jan 2014, 10:39 am
On January 8, the FHFA announced that it has directed Fannie Mae and Freddie Mac to delay the implementation of the increases to the guarantee fees that were originally to be effective in March and April 2014. [read post]
8 Jan 2014, 12:06 pm
As Anthony Della Pelle explains, the ACLU “suit was filed under the federal Freedom of Information Act, and seeks copies of public federal records relating to the efforts of the FHFA to use its regulatory powers over mortgage agencies Fannie Mae and Freddie Mac, which control most residential mortgages in the United States, and also relating to communications between FHFA and various financial institutions, associations and organizations. [read post]
7 Jan 2014, 7:38 am
In total, Armstrong arranged the purchase of approximately $100 million in loans through this scheme, resulting in estimated losses between $7 million and $20 million to the mortgage lenders and secondary purchasers Fannie Mae and Freddie Mac. [read post]
6 Jan 2014, 12:43 pm
The FHFA asserted claims for violations of federal and state securities laws on the basis of allegedly false and misleading statements and omissions in the registration statements and prospectuses of securities sold to Freddie Mac and Fannie Mae. [read post]
3 Jan 2014, 3:15 am
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]
2 Jan 2014, 8:36 am
Starting today, Fannie Mae homebuyers who plan to be owner-occupants get a 20 day “First Look” at foreclosed homes without competition from investors. [read post]
16 Dec 2013, 2:11 pm
Her argument in a nutshell: Fannie Mae is currently making outrageous counter-offers in every short sale situation. [read post]
