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17 Jul 2017, 2:04 pm by William Cavanagh
FHFA alleged violations of federal and state securities laws in connection with private-label residential mortgage-backed securities (PLS) trusts purchased by Fannie Mae and Freddie Mac between 2005 and 2007. [read post]
18 Mar 2009, 2:38 am
Fannie and Freddie's loan servicers agreed to 16,718 short sales in 2008, while the companies repossessed 145,183 homes, their annual reports showed. [read post]
10 Aug 2011, 4:05 pm
The Federal Housing Finance Agency has issued a formal request for information to determine the best way to sell 250,000 homes owned by Freddie Mac, Fannie Mae and the FHA in order to convert them into rental properties. [read post]
29 Sep 2019, 3:56 pm by Jonathan H. Adler
Several shareholders of Fannie Mae and Freddie Mac were unhappy with actions taken by the Federal Housing Finance Agency (FHFA) that greatly diminished the value of their shares. [read post]
25 Sep 2013, 5:55 am by Mark Astarita
Attorney's Office in Manhattan, said Countrywide made $165 million selling loans that it promised were investment quality to Fannie and Freddie. [read post]
22 Oct 2014, 2:48 pm
"Post Foreclosure Hell" describes the latest gift to Americans from the banks, FANNIE MAE and FREDDIE MAC. [read post]
7 Aug 2013, 5:02 pm by Allison Tussey
This resulted in an $18,735,903.77 loss to Freddie Mac and Fannie Mae. [read post]
17 Oct 2013, 8:46 pm by Allison Tussey
This resulted in an $18,735,903.77 loss to Freddie Mac and Fannie Mae. [read post]
11 Aug 2022, 8:33 am by Reid F. Herlihy
On the topic, Freddie Mac issued Bulletin 2022-17, and Fannie Mae issued Servicing Guide Announcement SVC-2022-06. [read post]
21 Jun 2012, 6:26 am by Philip R. Stein
” The FHFA is also standardizing the data Fannie Mae and Freddie Mac collect on each loan so that they have more information when buying mortgages from lenders. [read post]
25 Sep 2008, 3:02 am
That may explain why Texas banker Andy Beal, a man who owns a Texas-based bank that doesn't own any Freddie or Fannie preferred stock, is not exactly overflowing with tears over the plight of those banks that are being stiffed by Uncle Freddie and Aunt Fannie. [read post]
15 Oct 2010, 12:09 pm by Walter Olson
And it’s not just the big role he played in the Fannie Mae-Freddie Mac debacle: my new post at Cato-at-Liberty (& thanks to Glenn Reynolds at Instapundit and Frum Forum for the links). [read post]
12 Feb 2009, 10:39 am
The Judicial Panel on Multidistrict Litigation yesterday ordered In re Fannie Mae Securities and Employee Retirement Incomne Security Act (ERISA) Litig., MDL No. 2013, to the U.S. [read post]
14 Jul 2008, 3:15 pm
* Federal government to prop up Fannie Mae and Freddie Mac. [read post]
22 May 2008, 11:45 am
That’s the title of this interesting essay at Fannie’s Room. [read post]
22 Mar 2013, 9:26 am by Alan White
That is the finding of a report released yesterday by the Inspector General of FHFA, the agency that oversees our nationalized mortgage funders Fannie Mae and Freddie Mac. [read post]
9 Jan 2013, 6:47 pm by rhall@initiativelegal.com
Under the terms of the settlement, Bank of America has agreed to repurchase some of the $6.75 billion in loans that Countrywide had sold to Fannie Mae, and also make a direct cash payment of $3.6 billion in cash to Fannie Mae. [read post]
15 May 2008, 8:38 am
  Of course, that could just be pessimism run amok, but given the size of both Freddie Mac and Fannie Mae and the importance of those two giants to the housing market and the global economy, thinking of their collapse is a sobering thought. [read post]
24 Mar 2015, 5:54 pm by Eric C. Chaffee
Horton, For the Protection of Investors and the Public: Why Fannie Mae's Mortgage-Backed Securities Should Be Subject to the Disclosure Requirements of the... [read post]