From sfgate.com
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Federal Housing Administration Commissioner David Stevens says concerns that the agency is headed for the same financial trouble that snared Fannie Mae, Freddie Mac and the subprime sector are unwarranted. Stevens made the remarks during a speech at the...
Freddie Mac - Fannie Mae - Federal Housing Administration - Subprime lending - Business
- Obama Needs More Time to Find Fannie, Freddie Agency Inspector (rss.news.yahoo.com)
MCLEAN, Va., Nov. 13 -- Freddie Mac (NYSE: FRE) today issued its 2010 funding calendars, which provide optional announcement dates for Reference Notes® securities and announcement and auction dates for Reference Bills® securities. The 2010 funding calendars are ava...
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From earthtimes.org
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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 [...]
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From briansullivan.blogs.foxbusiness.com
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MCLEAN, Va., Nov. 12 -- Freddie Mac's (NYSE: FRE) conforming loan purchase limits for 2010 are unchanged from those in effect for 2009 for all areas of the United States, according to the Federal Housing Finance Agency (FHFA). The loan limits set the maximum original...
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From earthtimes.org
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Fannie Mae is in more financial trouble:Fannie Mae, the federally controlled mortgage finance giant, said Thursday it lost $19 billion in the third quarter and had submitted a request to the Treasury Department for $15 billion in more aid to stay afloat.District-based Fannie Mae and its McLean sibling, Freddie Mac, were seized in early September 2008 by the federal government. Since then, Fannie Mae has lost $111 billion. The $15 billion in...
From bubblemeter.blogspot.com
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- The Fannie Mae and Freddie Mac Farce (minyanville.com)
- Fannie Mae Gets $15 Billion More (drudge.com)
- Government Landlords (freerepublic.com)
Mortgage giant Freddie Mac (FRE: 1.23 0.00%) posted a $5bn net loss in Q309 at $10.4bn net worth as of September 30. Unlike sister GSE Fannie Mae (FNM: 1.04 0.00%), Freddie said it would not require additional Treasury Department funds ...
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From blogsearch.google.com
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The Wall Street Journal is reporting that Fannie Mae and Freddie Mac, which have already consumed $112 billion in taxpayer bailouts, may have additional losses if they can’t recoup claims from struggling private mortgage insurers.
From the Journal:
Fannie Mae has about $109.5 billion of mortgage-insurance coverage in force, which represents 4 percent of all single-family home [...]
From feedburner.com
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- The Fannie Mae Dice Roll Continues (freerepublic.com)
- $15 Billion More Down the Fannie Mae Hole? (moonbattery.com)
Freddie Mac (FRE.N) (FRE.P), the second largest provider of U.S. residential mortgage funding, said on Friday it lost $5 billion in the third quarter and predicted it would require further support from the Treasury amid a "prolonged deterioration" in housing.
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From upstatetoday.com
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Der US-Hypothekenfinanzierer Freddie Mac musste im dritten Quartal ein Minus von fünf Milliarden Dollar hinnehmen. Wie sein Schwesterkonzern Fannie Mae will das Institut den Staat nun um weitere finanzielle Unterstützung bitten. Derweil geht das Bankensterben in den USA weiter.
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From spiegel.de
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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
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From sfgate.com
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