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25 Sep 2009, 6:12 am
“Highly embarrassing …ugly”: Florida Justice Association apologizes for race-baiting mailer intended to sway state senate race [Miami Herald, Orlando Sentinel] Fanny-state regulation: they wouldn’t really ban soft toilet paper, would they? [read post]
15 Sep 2008, 10:12 pm
As an investment bank, Lehman Brothers followed the lead of Salomon Brothers, that invented the non-Fannie/Ginnie Mae mortgage-backed securities business: An ambitious mail-room clerk named Lew Ranieri worked at S[a]lomon Brothers and saw an opportunity in the mid 80s. [read post]
28 Jul 2008, 7:09 am
In addition to the Fannie Mae/Freddie Mac and new FHA features in the bill, there's a less publicized set of safeguards that I think is a great thing: additional help for veterans and active duty military personnel. [read post]
5 Aug 2010, 7:08 am
“Rumors are running wild from Washington to Wall Street that the Obama administration is about to order government-controlled lenders Fannie Mae and Freddie Mac to forgive a portion of the mortgage debt of millions of Americans who owe more than what their homes are worth. . . . [read post]
24 Jul 2008, 1:08 am
House of Representatives passed legislation designed to help bolster the floundering housing market using the promise of financial backstops for Fannie Mae and Freddie Mac, home-buyer tax credits, grants for municipalities to buy foreclosed properties, and more. [read post]
25 Sep 2009, 6:12 am
“Highly embarrassing …ugly”: Florida Justice Association apologizes for race-baiting mailer intended to sway state senate race [Miami Herald, Orlando Sentinel] Fanny-state regulation: they wouldn’t really ban soft toilet paper, would they? [read post]
20 Oct 2007, 7:05 pm
Fanny Carrier Washington, United States21 October 2007 07:37A month after the United States Supreme Court agreed to wade into the lethal injection debate, executions are effectively on hold across the nation as courts and politicians sit tight amid a legal limbo.On September 25, the country's highest court agreed to examine whether lethal injections -- used in virtually all US executions -- are "cruel and unusual" punishment, as banned under the US Constitution.Since it… [read post]
19 Mar 2009, 1:29 pm
It's time for the weekly round up of New York law-related headlines: AIG May Face Subpoena From New York's Cuomo on Pay (Bloomberg) New York Judge Says Cuomo May Release Bonus Recipient Identities (Bloomberg) NY man ordered to prison for defrauding Fannie Mae (Reuters) FBI agent in NY accused of tipping off informant (AP) Jury Awards NY Lawyer $567,000 Contingency Fee From Client Who Fired Him Before Settlement (NY Law Journal) (This is a content summary only. [read post]
22 Oct 2008, 4:35 pm
McCain prefaced his response by saying that the questioner 'probably hadn't heard of Fannie Mae or Freddie Mac'. [read post]
23 Sep 2010, 11:27 am
The proposal would prohibit Fannie Mae, Freddie Mac and all federal home loan banks from purchasing mortgages for properties in communities with deed-based transfer fees. [read post]
21 Sep 2008, 3:28 pm
Barney Frank, Syron's chief sponsor, kept his job, and continues to push the idea of Freddie and Fannie taking their 'profits' and using them to fund low-down-payment mortgages. [read post]
8 Aug 2008, 8:03 am
In a nutshell, while at HUD, Cuomo set housing goals that pushed Fannie Mae and Freddy Mac into the subprime market, then rejected rules which would have imposed more stringent reporting requirements. [read post]
15 Jul 2021, 9:35 am
On July 1, the Federal Housing Finance Agency (FHFA) released a Policy Statement on its commitment to comprehensive fair lending oversight of Fannie Mae, Freddie Mac, and the Federal Home Loan Banks (collectively, “regulated entities”). [read post]
7 Oct 2011, 8:20 am
House Oversight Committee Chair Darrell Issa (R-CA) has written a letter to the Federal Housing Finance Agency requesting documents involving lawsuits the agency has filed against financial institutions over the sale of mortgage-backed securities to Fannie Mae and Freddie Mac. [read post]
4 Aug 2015, 3:56 am
At last night’s Republican debate in New Hampshire, Carly Fiorina criticized how the Dodd-Frank law is strangling community banks, as well as its encouragement of yet bigger Wall Street firms and Congress’s failure to reform mortgage entities Fannie Mae and Freddie Mac. [read post]
24 Jun 2008, 5:42 pm
Fannie Mae and Freddie Mac recently announced they would cease purchasing mortgages insured by Triad Guaranty, the smallest of the seven private mortgage insurers that make up most of the market. [read post]
15 Jan 2009, 9:00 am
The refusal's purported basis was that the property Oparaji wanted to purchase wasn't habitable and didn't satisfy Fannie Mae's appraisal guidelines. [read post]
25 Nov 2008, 4:17 pm
It was working on backstopping Fannie and Freddie again and providing liquidity, via its New York arm, to the sorts of asset backed securities that are purportedly a bit more Main Street directed. [read post]
19 Nov 2012, 6:04 am
FHFA’s claims are based on alleged purchases by Fannie Mae and Freddie Mac of residential mortgage-backed securities from these banks. [read post]
29 Sep 2008, 7:38 pm
The movement's biggest victory, of course, came when Fannie Mae and Freddie Mac began buying up the riskier loans - providing fresh incentive for banks to make even more of them. [read post]
