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14 Dec 2008, 11:57 pm
The senator did pay attention to Countrywide Financial and to Fannie Mae and Freddie Mac since he received more than $700,000 in loans at below-market rates from Countrywide. [read post]
16 Feb 2010, 4:50 pm by James Hamilton
The Webb-Boxer measure, S 2994, would impose a 50 percent excise tax on the bonuses of employees at financial firms, and Fannie and Freddie, that exceeded $400,000 in 2009. [read post]
23 Jan 2008, 11:01 am
Conforming loans are the ones Fannie Mae and Freddie Mac will purchase from lenders and securitize on the secondary market, and that market is basically functioning smoothly. [read post]
27 Oct 2011, 9:27 am by blacklobellolaw
Together, Fannie Mae, Freddie Mac and FHA own about half of the REO properties across the country. [read post]
9 May 2011, 10:30 am by blacklobellolaw
The continued decline in the Las Vegas market as well as others across the country is stated as the primary cause for the quarter loss claimed by Fannie Mae which is listed as 8.7 billion dollars for the first quarter of 2011. [read post]
27 Dec 2007, 1:49 am
Government-chartered mortgage financers Fannie Mae and Freddie Mac have increased surcharges for borrowers with credit scores below 680, well above the 620 threshold sometimes used to define subprime borrowers, and will require down payments of at least 5 percent on all loans in "declining markets. [read post]
28 Nov 2011, 7:59 am by Glenn Reynolds
.” ANOTHER UPDATE: Ouch: His tenure in Congress in a nutshell: “These two entities — Fannie Mae and Freddie Mac — are not facing any kind of financial crisis,” said Representative Barney Frank of Massachusetts, the ranking Democrat on the Financial Services Committee. ”The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing.” Note that the Bush… [read post]
13 Sep 2012, 7:50 pm by Kevin Funnell
The bill amends Fannie Mae and Freddie Mac charters, forbidding them from financing loans in counties or cities that cleared such eminent domain plans within the previous 10 years. [read post]
11 Dec 2011, 2:07 pm by Todd Zywicki
A spokesman for Rattner acknowledged he attended and said he didn’t trade in Fannie Mae– or Freddie Mac-related instruments after the meeting. [read post]
25 Aug 2010, 1:16 pm
Mortgage brokers are seeing an increase in "buy and bail" purchases even though Fannie Mae and Freddie Mac have attempted to set up standards to prevent it. [read post]
21 Mar 2011, 6:59 pm
It has been reported that banks now hold only 15% of the nation's home mortgages, and that the remainder are now owned by Freddie Mac, Fannie Mae and numerous securitized trusts. [read post]
30 Sep 2008, 10:35 pm
So while we cannot blame black homeowners for this crisis, Democrats used racially-motivated reasons to support Fannie Mae and Freddie Mac. [read post]
10 Oct 2008, 3:18 am
The complaint names as defendants the five offering underwriters and four directors and officers of Fannie Mae. [read post]
7 Oct 2011, 8:01 am by Adam Levitin
We actually already do that quite a bit in the mortgage market-FHA, VA, RHS, Ginnie Mae, and historically the FHLBs, HOLC and Fannie Mae (Susan Wachter and I have a forthcoming book chapter on this, to be posted to SSRN soon). [read post]
10 Jan 2011, 4:00 pm by blacklobellolaw
While the above mentioned revision to the HAFA guidelines are in the right direction, the revisions to HAFA do not apply to first lien mortgages that are owned or guaranteed by Fannie Mae, Freddie Mac, or insured by a federal agency such as the Federal Housing Administration. [read post]
7 Jan 2011, 8:29 am
According to the SEC, Chironis sold the nunandrsquo;s mortgage-backed securities, including securities guaranteed by the Federal Home Loan Mortgage Corporation (Freddie Mac), the Federal National Mortgage Association (Fannie Mae), and the Government National Mortgage Association (Ginnie Mae), and from January 1, 2007 through January 31, 2008, made almost a million dollars ($959,027) churning the nunandrsquo;s accounts in questionable bonds, with undisclosed mark-ups and… [read post]
7 May 2008, 8:20 pm
He threatened to sue government-sponsored mortgage investors Fannie Mae and Freddie Mac for allegedly failing to ensure that appraisers were shielded from pressure to pad their estimates. [read post]
6 Oct 2014, 5:36 pm by Law Lady
S.G., the sue-and-be sued clause in Fannie Mae's federal charter confers federal question jurisdiction over claims brought by or against Fannie Mae. [read post]
23 Mar 2020, 8:15 am by Cathy Moran
  Loans backed by Fannie Mae and Freddie Mac will also get a 60 day reprieve, with promises of further extensions if the circumstances require. [read post]