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20 Jul 2012, 8:33 am
Fannie Mae Case Why The Big Stink? [read post]
20 Jul 2012, 8:33 am
Fannie Mae Case Why The Big Stink? [read post]
19 Jul 2012, 7:19 am
Beyond the securitization froth, Fannie Mae’s peccadillos and malfeasances, the end of the Baby Boomer Buyer Bulge, or even theEurozone’s starvation for yield, let’s add another one: a whole generation of Americans who have bought expensive and uneconomic educations and pledged themselves to make payments they would otherwise be using to buy homes. [read post]
19 Jul 2012, 3:00 am
Katrin Anacker (George Mason), James Carr (Fannie Mae), & Archana Pradhan (National Community Reinvestment Coalition) have posted Analyzing Determinants of Foreclosure of Middle-Income Borrowers of Color in the Atlanta, GA Metropolitan Area on SSRN. [read post]
18 Jul 2012, 7:57 pm
About a year ago, we discussed how much Bank of America appeared to be flailing about in its attempts to get its rams around its total exposure to loan repurchase demands by Fannie Mae. [read post]
18 Jul 2012, 11:37 am
The Federal National Mortgage Association, better known as Fannie Mae, cannot be liable for punitive damages so long as it remains under the conservatorship of the Federal Housing Finance Agency. [read post]
17 Jul 2012, 9:33 am
" A Fannie Mae spokesman declined to comment. [read post]
13 Jul 2012, 8:49 am
Recently BofA has refused to pay Fannie Mae additional billions of dollars of pending repurchase claims. [read post]
12 Jul 2012, 9:50 am
We’ll hold our breaths until our equity recovers That sum is about two-thirds of what we’ve lost on Fannie Mae and Freddie Mac combined – and that’s only for southern California. [read post]
10 Jul 2012, 4:27 pm
Cato's David Boaz today hits on one such example that Carney misses, Countrywide home loans: I was struck by this point in a Bloomberg report, about Countrywide CEO Angelo Mozilo’s close relationship with Fannie Mae chief executive Jim Johnson, former top aide to Vice President Walter Mondale and chairman of both the Brookings Institution and the Kennedy Center. [read post]
10 Jul 2012, 7:48 am
We’ve already seen, years ago, the contortions that Fannie Mae went through to produce earnings figures in line with senior management’s directives and their bonus formulas. [read post]
9 Jul 2012, 9:51 pm
Higher FICO Scores, Fees, Down Payments For instance, The FHFA oversees Fannie Mae and Freddie Mac which combined with the FHA make up about 90 percent of all home loan funding. [read post]
9 Jul 2012, 5:00 pm
– VoteTexas.gov Register to Vote Where to Vote STATE OF TEXAS SHORT SALE RESOURCES: Short Sales in Texas STATE OF TEXAS COURTS & LAW LIBRARIES: Dallas County Law Library Denton County Law Library Office of Court Administration Supreme Court of Texas Tarlton Law Library - The University of Texas School of Law Texas Court of Criminal Appeals Texas Courts On-line Texas First Court of Appeals Texas State Law Library The Fred Parks Law Library - South Texas College of Law, Houston Travis… [read post]
7 Jul 2012, 12:02 pm
FHFA launched its REO pilot program in February 2012 and bids from qualified investors were sought during the second quarter of the year for roughly 2,500 single-family foreclosed properties held by Fannie Mae. [read post]
6 Jul 2012, 8:37 am
Congress and executives at Fannie Mae as it lobbied to scuttle legislation that would have diminished its sale of sub-prime mortgages, according to a report released today by House Oversight and Government Reform Committee Chairman Darrell Issa.” [read post]
CULTURE OF CORRUPTION: “Countrywide Financial Corp. gave discount loans to former and current membe…
5 Jul 2012, 9:55 am
Congress and executives at government-sponsored Fannie Mae (FNMA) as it lobbied to scuttle legislation that would have diminished its sale of sub-prime mortgages.” Plus, from Angelo Mozilo: “Don’t worry” about the credit score. [read post]
3 Jul 2012, 2:03 pm
Milwaukee County could miss out on at least $200,000 in real estate transfer returns if a federal lawsuit turns in favor of Fannie Mae and Freddie Mac. [read post]
3 Jul 2012, 12:49 pm
The homeowners alleged that the beneficial interest in their note was acquired by Fannie Mae. [read post]
3 Jul 2012, 6:00 am
The FFIEC and Fannie Mae both have lists of red flags for mortgage transactions that can be reviewed. [read post]
2 Jul 2012, 2:55 pm
Mortgage-security repurchases, at least $13 billion: In January Bank of America agreed to settle claims that Countrywide had violated certain “representations and warranties” when selling mortgages to Fannie Mae and Freddie Mac. [read post]
