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18 Mar 2011, 6:58 pm
That is different from the current U.S. mortgage system, where lenders sell many of the loans they make to Fannie Mae and Freddie Mac, which then repackage them as securities for investors. [read post]
18 Mar 2011, 11:48 am
Unfortunately, this triggers a Fannie Mae issue. [read post]
18 Mar 2011, 10:24 am
Wash Po says it's close to doing so: The Securities and Exchange Commission is moving toward charging former and current Fannie Mae and Freddie Mac executives with violations related to the financial crisis, setting up a clash with the housing regulator that oversees the companies, according to sources familiar with the matter. ... [read post]
18 Mar 2011, 10:19 am
Legislation reforming the government sponsored enterprises, such as the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac), has been introduced by House Financial Services Committee Chairman Spencer Bachus (R-Ala) and Vice Chairman Jeb Hensarling (R-TX). [read post]
18 Mar 2011, 10:04 am
And, to round it all out, Herb had a cup of coffee at the helm of Fannie Mae back in 2008. [read post]
THIS COMES DANGEROUSLY CLOSE TO AN ADMISSION: SEC Moves Toward Charging Fannie Mae, Freddie Mac Exe…
18 Mar 2011, 5:46 am
THIS COMES DANGEROUSLY CLOSE TO AN ADMISSION: SEC Moves Toward Charging Fannie Mae, Freddie Mac Executives. [read post]
18 Mar 2011, 5:16 am
Adler) This could be interesting:The Securities and Exchange Commission is moving toward charging former and current Fannie Mae and Freddie Mac executives with violations related to the financial crisis, setting up a clash with the housing regulator that oversees the companies, according to sources familiar with the matter.The SEC, responsible for enforcing securities laws, is alleging that at least four senior executives failed to provide necessary information to investors about… [read post]
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]
16 Mar 2011, 1:18 pm
For now, here is the 2006 Fannie Mae Annual Report and the 2006 Freddie Mac Annual Report. [read post]
16 Mar 2011, 9:13 am
MERS was formed 16 years ago by Fannie Mae, Freddie Mac and a number of big banks like JPMorgan Chase and Bank of America. [read post]
15 Mar 2011, 7:00 pm
Fannie Mae and Freddie Mac executives may face S.E.C. civil actions as a result of the subprime mortgage crisis, but no criminal charges have been filed. [read post]
15 Mar 2011, 10:50 am
The program allows homeowners with loans administered by Fannie Mae or Freddie Mac, who are current on their loans and whose loan-to-value rations are between 80 and 125 percent, to finance to a lower loan rate. [read post]
15 Mar 2011, 6:39 am
Mudd was fired from Fannie Mae in 2008. [read post]
13 Mar 2011, 7:50 pm
The firm and its foreclosure practices have been under investigation since late 2010 and the Stern firm was fired by mortgage giants Fannie Mae and Freddie Mac in February 2011. [read post]
11 Mar 2011, 5:38 pm
Daniel H. [read post]
11 Mar 2011, 9:58 am
Fannie Mae to Monitor Loan Servicers [read post]
11 Mar 2011, 8:30 am
[The following was published in Huffington Post on March 9th] The New York Times ran a story earlier this week suggesting that if Fannie Mae and Freddie Mac cease to exist, the 30-year fixed-rate residential mortgage loan would become a... [read post]
10 Mar 2011, 6:20 pm
During the course of our representation of clients, we’ve also seen that some of these smaller banks are still underwriting no income verification loans, even though they are not allowable under current Fannie Mae guidelines. [read post]
10 Mar 2011, 8:00 am
Section 956 applies to all depository institutions, credit unions, broker-dealers, investment advisors, GSEs like Fannie Mae and Freddie Mac and the Federal Home Loan Banks with a $1 billion or more in assets. [read post]
8 Mar 2011, 8:08 pm
The New York Times is running a 'Room for Debate' segment on the future demise of Fannie Mae and Freddie Mac. [read post]
