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17 Mar 2011, 3:00 pm
That might be because in many cases, like at Fannie Mae and Freddie Mac, at least one government agency not only knew about but also sanctioned the accounting irregularities that contributed to their implosions. [read post]
2 Oct 2008, 3:36 pm
WHAT THEY SAID ABOUT FAN AND FRED: The Wall Street Journal rounds up some pre-meltdown quotes on Fannie Mae and Freddie Mac from the likes of Barney Frank, Maxine Waters, and Charles Schumer. [read post]
18 Jun 2018, 2:02 pm
On June 12, 2018, the Federal Housing Finance Agency (“FHFA“) issued a proposed regulation on capital requirements for Fannie Mae and Freddie Mac (the Enterprises). [read post]
21 Mar 2009, 6:04 pm
Perhaps not at the top of most lists, but fairly near the top, should be Christopher Dodd, Barney Frank, and the leaders of Fannie Mae, Freddie Mac, and ACORN. [read post]
15 Jul 2008, 2:24 am
David Smith's eerily prescient AHI blog noted that Fannie Mae and Freddie Mac reportedly bought $35 billion in subprimes in the first quarter of 2007 alone. . . . [read post]
14 Aug 2008, 1:42 am
And yet we now juxtapose our post about the need to dismantle Fannie Mae and Freddie Mac and the following WSJ quotation of ex-Federal Reserve chair Allen Greenspan:They [Congress] should have wiped out the shareholders, nationalized the institutions with legislation that they are to be reconstituted -- with necessary taxpayer support to make them financially viable -- as five or 10 individual privately held units. [read post]
8 Jun 2009, 2:24 pm
The Hartford Courant reports that State Attorney General Richard Blumenthal has sent letters to Fannie Mae and Freddie Mac as well as a third mortgage company to find out why they repeatedly retained the same two law firms to handle all of their foreclosure proceedings in Connecticut. [read post]
9 Sep 2008, 3:07 pm
ABOUT TIME: "With Fannie Mae and Freddie Mac now under federal control, some people are paying attention not just to the housing market conditions involved in their downfall but also to the mismanagement and corruption that helped cripple the federally-backed mortgage companies. [read post]
21 Sep 2008, 8:24 am
" (Via Newsalert, which comments: "No word yet on whether Jesse Jackson feels guilty about taking money from Freddie Mac and Fannie Mae. [read post]
26 Dec 2009, 6:18 am
Jane Hamsher of Firedoglake and Grover Norquist of Americans for Tax Reform don't agree on much, but they're both calling for an investigation and the resignation of White House Chief of Staff Rahm Emanuel for his role in Freddie Mac. [read post]
19 Sep 2008, 11:26 pm
You have Fannie and Freddie to thank for that. [read post]
30 Apr 2008, 1:29 pm
Paul Star Tribune by Kenneth Harney, a nationally syndicated real estate columnist, that discusses the underwriting changes by Fannie Mae and Freddie Mac, and new restrictions being put into place by private mortgage insurers. [read post]
3 Sep 2011, 6:51 am
Fannie and Freddie lost more than $30 billion, in part as a result of the deals, losses that were borne mostly by taxpayers. [read post]
3 May 2022, 11:55 am
Previous plans to include a language preference question in the redesigned Fannie Mae/Freddie Mac Uniform Residential Loan Application (URLA) were scuttled by the Trump Administration. [read post]
27 Nov 2013, 8:02 am
The scheme resulted in a loss to Wells Fargo Bank and Freddie Mac of approximately $173,559. [read post]
8 Jan 2013, 7:03 am
Nearly every residential mortgage is a Freddie Mac/Fannie Mae Uniform Instrument, regardless of whether either Fannie Mae (FNMA) or Freddie Mac (FHLMC) owns the mortgage. [read post]
9 Sep 2008, 2:20 am
The Journal article notes that commercial banks and thrifts hold "high concentrations" of Fannie and Freddie preferred shares. [read post]
27 Jul 2016, 7:15 am
The Baltimore Sun reports this morning:Prosecutors dropped all remaining charges against three Baltimore police officers accused in the arrest and death of Freddie Gray in a downtown courtroom on Wednesday morning, concluding one of the most high-profile criminal cases in Baltimore history.The startling move was an apparent acknowledgement of the unlikelihood of a conviction following the acquittals of three other officers on similar and more serious charges by Circuit Judge Barry G. [read post]
18 Mar 2009, 11:55 am
Sibling company Freddie Mac is planning similar awards. [read post]
15 Jul 2008, 5:45 am
Kent Greenfield offers a sardonic perspective on the Freddie-Fannie bailout over at Huffington Post:I've discovered the secret to having this administration care about your financial well-being: 1. [read post]
