Search for: "Fannie Mae"
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4 Oct 2011, 7:11 am
WSJ Law Blog reports that Fannie Mae is being criticized for lax oversight over law firms processing foreculosures. [read post]
8 Apr 2016, 6:10 am
The financial crisis of 2008 and its aftermath have generated a cascade of such lawsuits, including highly publicized ones involving equity holders of Fannie Mae, Freddie Mac and American International Group, Inc. [read post]
19 Feb 2009, 8:50 am
As outlined, the plan has three stated purposes: (1) to provide low-cost refinancing to homeowners now unable to refinance; (2) to create a $75 billion fund to aid loan modifications for homeowners now underwater on mortgages; and (3) to keep current mortgage rates low by providing additional support for Fannie Mae and Freddie Mac. [read post]
1 Mar 2010, 7:27 pm
” UPDATE: Reader John Marston writes: Of course, the big difference is that Yoo has been threatened with loss of his law license or worse – Gorelick went on to a politically plum position she wasn’t remotely qualified for at Fannie Mae and bagged big bonuses while it helped drive the country into financial crisis. [read post]
21 Jul 2010, 8:09 am
According to a spokeswoman for Fannie Mae, however, there is nothing in the federal guidelines that “would prohibit a borrower on maternity or paternity leave from qualifying for a mortgage, as long as the borrower [has] proof at the time of the closing that his or her income would be adequate upon returning to work. [read post]
17 Jun 2020, 7:34 am
The article points the disparate impact of an obscure, but enormous indirect fee on mortgage borrowers that the Federal Housing Finance Agency has required Fannie Mae and Freddie Mac to charge since 2007. [read post]
2 Sep 2010, 4:56 am
I mean you guys run Social Security, Medicare, Fannie Mae, Freddie Mac, the Post Office and most recently took on Wall Street. [read post]
15 Sep 2008, 10:47 am
Regulators Reach Out to Lehman Account HoldersDeal Journal: Winners and Losers of the Lehman-Merrill WeekendNews Tracker: Latest updates on Monday's developmentsComplete Coverage: Crisis on Wall StreetArnold Kling shares thoughts here and here.Alex Tabarrok adds:Thanks goodness we bailed out Bear Stearns back in March if we hadn't we might have lost Fannie Mae and Freddie Mac, Lehman Brothers, Merrill Lynch and who knows what else. [read post]
30 Oct 2008, 3:25 pm
Click here to access the press release issued by Fannie Mae. [read post]
23 Oct 2008, 12:16 pm
Over the next few days, we will post the director compensation for Wells Fargo, Freddie Mac, and Fannie Mae (all three written by Joseph Aguilar) and JP Morgan, Citigroup and AIG (all written by Gregg Emmel). [read post]
1 Oct 2010, 8:45 am
Massachusetts Congressman Barney Frank, Chairman of the House Financial Services Committee, urged Fannie Mae, the federal agency that buys mortgages on the secondary market, to half their work with "foreclosure mill" law firms that do not verify documentation before filing lawsuits to foreclose on homeowners. [read post]
4 Jul 2010, 10:03 am
Following suit, Fannie Mae, the government-supported mortgage company, reminded the companies that manage its loans that they can immediately suspend or reduce payments for borrowers for at least three months given the loss of income occasioned by the oil spill.Citigroup's move will protect about 1,200 homeowners. [read post]
8 Apr 2016, 6:10 am
The financial crisis of 2008 and its aftermath have generated a cascade of such lawsuits, including highly publicized ones involving equity holders of Fannie Mae, Freddie Mac and American International Group, Inc. [read post]
18 May 2012, 1:24 pm
The draft plan updates FHFA’s existing strategic plan document to incorporate a proposal sent to Congress in February 2012 that outlined FHFA’s plan to build a new infrastructure for the secondary mortgage market, contract Fannie Mae and Freddie Mac’s current market dominance, and maintain the Enterprises’ roles in foreclosure prevention activities and refinance initiatives. [read post]
26 Jul 2008, 5:01 pm
Congress approved a massive housing market rescue bill Saturday, offering emergency financing to Fannie Mae and Freddie Mac, creating a new regulator for the mortgage titans and setting up a $300 billion fund to help troubled homeowners. [read post]
5 Apr 2012, 3:32 pm
The remaining 10% of the institutions receiving Fannie Mae private loans are for-profit colleges. [read post]
20 Dec 2011, 11:40 am
So, without further delay, turn up your speakers click below and get ready for attorney Shawn Newman and how he sees fraudclosure by Fannie Mae and Freddie Mac… on Mandelman Matters Podcast. [read post]
7 Jun 2010, 12:52 pm
” And, that, more or less, is what the Administration has clearly decided with respect to the Government Sponsored Entities (now Government Owned Entities), Fannie Mae and Freddie Mac. [read post]
14 Oct 2011, 10:59 am
In 2004, along with Jonathan and Peter Orszag, Professor Stiglitz wrote a paper for Fannie Mae in which he “estimated” that the “risk to the government from a potential default on GSE debt is effectively zero. [read post]
26 Aug 2011, 6:16 am
The Neighborhood Preservation Act, H.R. 2636, a bill being considered by the House Financial Services Committee, would permit Fannie Mae and Freddie Mac to rent foreclosed properties they own to the current homeowner or to any potential renter for a period of up to 5 years. [read post]
