CEO Daniel Mudd

The Service Employees International Union has Goldman Sachs in its sights.   Why not  Fannie Mae, Freddie Mac or Congress? The union will lead a protest Monday in front of the building that houses Goldman's Washington offices (one wonders why they aren't protesting in front of the New York office given that the DC office doesn't house [...]  

WASHINGTON, Nov. 13 /PRNewswire-FirstCall/ -- Fannie Mae (NYSE: FNM) will redeem the principal amounts indicated for the following securities issues on the redemption dates indicated below at a redemption price equal to 100 percent of the principal amount redeemed, plus accrued interest thereon to the date of redemption:  

Phoenix – Well when you think they have thought of everything, Fannie is now in the Landlord business. However, it does help the struggling homeowners from becoming homeless which is a good... This is a summary of the article. For the complete article, please visit the site. Thank you http://www.evliving.com/  

Asset Management Specialists (AMS) was recently awarded a contract to begin providing property preservation services on a number of real estate owned (REO) properties for mortgage giant Fannie Mae (FNM: 1.00 -1.96%). Fannie awarded AMS property preservation rights on its properties in 10 states, AMS chief procurement officer Greg Harrison tells HousingWire. The contract was signed [...]  

Fannie Mae is now offering a new commercial loan modification program aimed exclusively at commercial real estate owners who are unable to make their monthly mortgage payments. The new program called the Payment Reduction Plan (PRP) comes as welcome relief to many apartment building, office building and shopping center owners who have seen drastic [...]This Article is Copyright © 2004-2009 BiggerPockets, Inc. All Rights Reserved. Commercial...  

U.S. News & World Report - With foreclosures continuing to mount, housing finance giant Fannie Mae has introduced a fresh approach to keeping struggling borrowers in their homes: turning them into tenants. Fannie Mae--which, along with Freddie Mac, owns or guarantees nearly $5.5 trillion in mortgages--announced last week its Deed for Lease initiative, in which property owners facing foreclosure can remain in their homes as renters. Under the...  

WASHINGTON D.C. - Fannie Mae is reviewing whether it will have to write down $5.2 billion in low-income housing tax credits after the US Treasury rejected its request to sell the investments, the mortgage-finance company said yesterday.  

Last night Bloomberg printed an article about Fannie Mae (FNM) and Freddie Mac (FRE). Here are the lowlights:1. There were 2.6 million defaults on residential mortgages in the first nine months of 2009;2. Fannie Mae recorded $101.6 billion in losses over the past eight quarters;3. Fannie Mae has taken $44.6 billion of Federal Aid since April 2009;4. Fannie Mae now says it needs $15 billion more in Federal Aid (which makes sense as $45 billion...  

Announcement 09-14, Electronic Appraisal Reports, Enhancements to the Loan Delivery File Format, and Mortgage Fraud Reporting, stated that Fannie Mae will require the submission of electronic appraisal reports and their addenda in an acceptable XML format for all loans requiring...  

Once it seemed like a radical idea: Let delinquent borrowers stay in their homes as renters after foreclosure. Last week it gained legitimacy when housing giant Fannie Mae said it would do just that, offering one-year leases at market rates to people who sign... Foreclosure - Fannie Mae - Real estate - Business - Freddie Mac  

MiamiHerald.comFannie Mae Files $15.8 Billion in Claims in Lehman BankruptcyBloombergLehman was a frequent business partner in servicing home loans and the mortgage bonds Fannie Mae and fellow government- sponsored enterprise Freddie Mac ...Mortgage giant expects further losses and continued need for helpWashington PostThe Fed and Fannie Mae: Throwing Money Down a Black HoleSeeking Alpha (blog)Fannie Mae to allow borrowers in foreclosure to...  

Who is watching the hen-house full of 6 trillion dollars? If you are thinking about Fannie Mae and Freddie Mac, today the answer is nobody. The agencies inspector general must have been getting too close to the truth as he has been fired in a complicated bureaucratic maneuver and now there is no oversight of the [...]Thanks for reading this post. If you would like to see more articles like this, please come visit The Real Estate Bloggers...  

Washington, Nov 7 (THAINDIAN NEWS) Government controlled U.S. mortgage finance company Fannie Mae announced on Thursday about their unique rental program which is aimed at helping homeowners who can’t pay back their loans. The program aims at turning struggling homeowners into renters in their own very homes. The special “Deed for Lease” program will allow financially [...]  

WASHINGTON - Fannie Mae is asking for an additional $15 billion in government aid after posting another big loss in the third quarter as the taxpayer bill from the housing market bust keeps rising. The government-controlled company continued to see a ...  

With the ever-troubled Stuyvesant Town now bordering on default, particularly in the wake of last month's giant court decision, a set of elected officials has begun taking their concerns straight to the 11,200-unit complex's lenders: Fannie Mae and Freddie Mac. Bypassing the current owners--a partnership led by Tishman Speyer--the officials who represent the property sent a letter last week effectively asking for kindness and cooperation...