Search for: "The Federal Home Loan Mortgage Corporation"
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29 Sep 2008, 2:10 am
Allows the FDIC to be selected as an asset manager for residential mortgage loans and mortgage-backed securities. [read post]
25 Sep 2008, 9:56 pm
If you have bad credit, why do you deserve to be loaned money? [read post]
25 Sep 2008, 6:32 pm
This is in addition to $5.1 billion for Low-Income Home Energy Assistance and $250 million for weatherization provided in the underlying amendment. [read post]
25 Sep 2008, 3:02 am
Lately, there's been whining and sniveling from some corners of the commercial banking sector about the write down of Freddie Mac and Fannie Mae preferred stock as a result of the federal takeover of those political contribution ATMs stalwarts of home mortgage finance. [read post]
19 Sep 2008, 12:26 pm
The proposal was modeled on the New Deal’s Home Owners Loan Corporation. [read post]
18 Sep 2008, 11:00 am
FACT: Insurance giant American International Group (AIG) was facing bankruptcy until the Federal Reserve Bank of New York took it over and loaned it $85 billion loan last Tuesday September 16. [read post]
17 Sep 2008, 5:25 pm
Chapter Bill No. 155 A564A Wright -- Relates to enhancing police officer recruitment and increasing diversity awareness 69 A614 Paulin (MS) -- Establishes intentionally preventing a person from communicating certain requests for emergency assistance shall be criminal mischief in the 4th degree 401 A7197 Lavine -- Permits waiver of indictment for class A felonies which are not punishable by death or life imprisonment 404 A8358B Bradley -- Relates to the legal powers of custodians and… [read post]
17 Sep 2008, 4:37 pm
Wall Street figures and houses began persuading various federal agencies -- if memory serves, the Federal Reserve and the Comptroller were involved at various points -- to let them make inroads on the separation ordained by Glass-Steagall. [read post]
16 Sep 2008, 5:37 pm
It happened in the 1980s, when we loosened restrictions on Savings and Loans and appointed regulators who ignored even these weaker rules. [read post]
16 Sep 2008, 11:00 am
FACT: The federal government put Fannie Mae and Freddie Mac into conservatorship on September 8. [read post]
12 Sep 2008, 8:26 pm
The companies collectively own or guarantee approximately $5 trillion in home loans. [read post]
2 Sep 2008, 8:03 pm
Moreover, there are strong indications that a far more efficient and sensible mechanism for financing home mortgages in the United States is about to be born. [read post]
26 Aug 2008, 8:45 pm
While OIG's conclusion related only to FHA-insured loans (since the purpose of the audit appeared to be to focus only on those loans), there is certainly reason to be concerned that HUD would reach the same conclusion on any similar arrangements with respect to all federally related mortgage loans. [read post]
16 Aug 2008, 9:57 pm
That practice was the use by big corporate builders, and even some not so big builders, of having in house mortgage brokerage companies that would package loans and financial options that kept the prices on the builders homes high, but allowed the buyer/borrower to receive incentives as large as $100,000 to purchase the house. [read post]
5 Aug 2008, 11:34 pm
In addition to the widely-reported measures that increase FHA loan limits, provide tax-exempt financing to permit the refinancing of sub-prime mortgages, give tax breaks to first-time homebuyers, and provide federal support for Fannie Mae and Freddie Mac, the Act includes a number of provisions that will benefit California communities grappling with rising rates of foreclosure and neighborhood blight resulting from property abandonment. [read post]
30 Jul 2008, 12:24 pm
Interest, Investment, Money Transactions (Alimony, Bad Debts, Applicable Federal Interest Rate, Gambling, Legal Fees, Loans, etc.) 3.5. 5. [read post]
21 Jul 2008, 4:47 pm
This benefits groups like: telecommunications companies that violated Americans' privacy through the Bush Administration's illegal wiretapping, the mortgage industry that gave homeowners predatory loans, and employers that engage in pay discrimination. [read post]
19 Jul 2008, 2:30 pm
Second, it deals with the Federal Home Loan System, which was seen as less in need of drastic change.With regard to Fannie Mae and Freddie Mac, both bills establish an independent regulator and makes the GSEs function more like private corporations. [read post]
18 Jul 2008, 10:10 pm
News release: "The Securities and Exchange Commission today announced that the Federal Home Loan Mortgage Corporation (Freddie Mac) has voluntarily... [read post]
17 Jul 2008, 4:00 am
It was not my first legal job, as a law clerk at the then-named Federal Home Loan Bank Board -- which later became the Office of Thrift Supervision, in the Treasury Department -- where although I obtained unparalleled learning in how to research, analyze, and try to influence federal regulating, and interacted with some wonderful people, much of the tenor there seemed too lifeless. [read post]
