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28 May 2011, 3:26 pm
Asked this week about his role in securing an ex-lover’s highly coveted job at government mortgage giant Fannie Mae, Massachusetts Democratic Rep. [read post]
16 Jan 2012, 5:00 am
Fannie Mae (see our prior post here) that a foreclosing mortgagee must hold both the mortgage and the underlying promissory note (see our discussion of this issue, and Land Court Judge Gordon H. [read post]
28 Jul 2012, 7:40 am
The report, used data from Fannie Mae, Freddie Mac and five of the biggest mortgage lenders. [read post]
20 Mar 2011, 12:37 pm
Yet, that's what happened in In re Fannie Mae Securities Litigation, No. 04-1639 (DDC March 8, 2011). [read post]
22 May 2007, 3:13 pm
GSE Reform Bill Passes House with Strong Sarbanes-Oxley ProvisionsA bill overhauling the regulatory oversight of the government sponsored enterprises Fannie Mae, Freddie Mac, and the Federal Home Loan Banks has passed the House. [read post]
24 Jun 2008, 3:05 pm
Two weeks ago, former Fannie Mae CEO Jim Johnson, one of the original three appointed to conduct Obama’s VP search, tapped out after the WSJ reported on favorable loans he received from Countrywide Financial. [read post]
25 Aug 2009, 7:57 am
According to the Notice, the Code, adopted in December 2008, "expanded on existing [Fannie Mae and Freddie Mac] appraisal standards, seeking to redress problems that contributed to the current mortgage crisis and to improve the quality of the mortgage loans they purchase. . . . [read post]
15 Sep 2011, 12:59 pm
Summary: The author of the article interviewed Doug Duncan, the chief economist for Fannie Mae; David Merriman, an economics professor and associate director of the Institute of Government Public Affairs at the University of Illinois at Chicago; and Tracy Turner, economics professor at Kansas State University. [read post]
18 Mar 2008, 12:31 pm
" As in, a jumbo-size mortgage, one of more than $417,000, that the "agencies" Fannie Mae and Freddie Mac will buy from lenders and then resell on Wall Street, once all nicely packaged up into securities. [read post]
24 Aug 2010, 7:50 pm
The lead story on "CBS Nightly News" on 24 August 2010 was on the housing crisis and beganThe steep falloff in housing sales -- which reached a 15-year low in July -- highlights the degree to which the government has been propping up the housing market, and the two biggest pillars of that support system -- Fannie Mae and Freddie Mac -- are facing a crisis. [read post]
18 Sep 2007, 4:34 pm
Among other provisions, the legislation would raise the ceiling on which loans qualify under FHA rules to the lesser of these two: a) 125% of the local area median home price or (b) 175% of the national Fannie Mae and Freddie Mac conforming loan limit (now $417,000). [read post]
24 Sep 2008, 9:00 pm
Financial meltdowns often seem to lead media and regulators to look for illegal activity, which is why I was not surprised to read that the FBI is investigating Fannie Mae, Freddie Mac, Lehman and AIG for potential fraud. [read post]
17 Oct 2008, 12:25 pm
They make silly comments or ludicrous decisions and then can't figure out why things go awry.Apparently the residents of Massachusetts are not content to select someone like Barney Frank, the flip-flopping guardian of Fannie Mae, as their representative. [read post]
9 Sep 2008, 10:26 pm
Interest rates for 30-year conforming loans (and their agency-jumbo cousins) dropped below the 6 percent mark Monday after the welcome news circulated that the federal government is stepping in to keep mortgage financing companies Fannie Mae and Freddie Mac from likely insolvency. [read post]
31 Dec 2015, 1:55 pm
So, it was with interest that I read a Wall Street Journal editorial decrying Fannie Mae and Freddie Mac's use of synthetic CDOs to transfer credit risk on mortgages to the private market through the STACR and Connecticut Avenue programs. [read post]
26 Jun 2020, 12:09 pm
Currently, the GSE Patch also will sunset if Fannie Mae and Freddie Mac exit conservatorship of the Federal Housing Finance Agency. [read post]
11 Aug 2011, 7:30 am
Fannie Mae's newest rules allow lenders that service these loans to continue the foreclosure proceedings on loans over 4 months past due, this is where the Dual Tracking will need to be followed closely for borrowers trying to obtain a solution to their mortgage issues. [read post]
30 Jul 2012, 4:03 am
Oh, and here is a link to Fannie Mae’s 1178-page servicing guidelines. [read post]
25 Dec 2006, 6:45 pm
Following the two billion dollar suit from Fannie Mae against KPMG, we now hear that the Russian tax authorities are filing a suit against the local PricewaterhouseCoopers firm. [read post]
20 Dec 2011, 5:00 am
The one that garnered the most attention was the case against executive officers of Fannie Mae and Feddie Mac (along with a non-prosecution agreement against the entities). [read post]
