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20 Dec 2011, 2:53 pm by Jessica N. Dell
" about the SEC's apparent inaction on the wells notices they had served to the execs of Fannie & Freddie. [read post]
15 Nov 2006, 5:11 am
Raines, the former chief executive of Fannie Mae who was ousted two years ago in an accounting scandal, will receive $2.6 million under a deal disclosed Tuesday that largely resolves a pay dispute. [read post]
21 Oct 2010, 3:39 am by By DEALBOOK
Fannie Mae and Freddie Mac's overseer, the Federal Housing Finance Agency, has hired a law firm specializing in business litigation, signaling the agency may be considering further legal steps to recoup billions of dollars related to mortgage-backed securities purchased from Wall Street firms. [read post]
25 Apr 2011, 4:46 am by propertyprof
Andrea Boyack (George Washington) has posted Laudable Goals and Unintended Consequences: The Role and Control of Fannie Mae and Freddie Mac (American Law Review). [read post]
16 Sep 2010, 3:03 pm by By DEALBOOK
The bailout of the mortgage finance giants Fannie Mae and Freddie Mac could cost the government $53 billion through 2020 or save the government as much as $44 billion, depending on the accounting principles used, the nonpartisan Congressional Budget Office said. [read post]
22 Sep 2008, 1:11 pm
., the fifth largest U.S. bank, said on Monday it expects a charge to write down the third quarter of $ 480 million in investments related to preferred stock of Fannie Mae and Freddie Mac. [read post]
10 Jul 2008, 12:16 pm
With shares of Fannie Mae and Freddie Mac continuing to decline, the Bush administration has held talks about a contingency plan should the mortgage giants falter, The Wall Street Journal reported citing three people familiar with the matter. [read post]
21 Apr 2008, 8:43 pm
" In August 2006, the Department of Justice dropped criminal investigations against the two former Fannie Mae officials. [read post]
24 Dec 2020, 5:48 am by Bloomberg
Democratic lawmakers Maxine Waters and Sherrod Brown have a message for Treasury Secretary Steven Mnuchin: Stand down on making big changes to Fannie Mae and Freddie Mac before the Trump administration ends. [read post]
30 Jan 2014, 7:33 pm by Steven D. Schwinn
Federal National Mortgage Association that Fannie Mae and Freddie Mac enjoy statutory immunity certain state and local taxes--and that this congressionally granted... [read post]
17 Jul 2009, 4:13 pm
The former chief executive of Fannie Mae, Daniel H. [read post]
14 Apr 2011, 2:43 pm by Zoe Tillman
Fannie Mae denies any wrongdoing, accusing Herron of filing the lawsuit because she had wanted to pursue a job opportunity at Treasury and Fannie Mae wouldn’t help her resolve conflicts of interest that came up, given her role at the time at Fannie Mae. [read post]
10 May 2010, 6:50 am by By CYRUS SANATI
Fannie Mae on Monday reported an $11.5 billion loss for its first quarter, as the mortgage giant warned that it faced "significant uncertainty" over its future. [read post]
24 Dec 2009, 7:08 am by By DEALBOOK
The top executives at the mortgage lending giants, Fannie Mae and Freddie Mac, could get paid as much as $6 million for 2009, despite the companies' dismal performance this year. [read post]
11 May 2010, 12:25 pm by Banking LawProf
Fannie Mae needs $8.4 Million in additional government aid to survive. [read post]
26 Aug 2008, 11:18 am
Two of the biggest U.S. bond investors said they would get involved in a capital raising by Fannie Mae and Freddie Mac as long as the Treasury department participates in the new deals. [read post]
16 Dec 2011, 12:31 pm by buslawblogger
The SEC has indicted former Fannie Mae and Freddie Mac Excutives for Securities Fraud based on the subprime loan debacle. [read post]
1 Nov 2012, 5:56 pm
The Federal Housing Finance Agency (FHFA) recently announced that Fannie May and Freddie Mac are issuing new, clear guidelines to their mortgage servicers that will align and consolidate existing short sales programs into one standard short sale program. [read post]