Monday, March 26, 2012

Fannie mae freddie mac

  • The US regulator overseeing state-controlled home loan financiers Fannie Mae and Freddie Mac has said that the companies are being pushed to accept losses to keep big US banks from writing down their holdings.
  • (Financial Times)
  • Mortgage giants Fannie Mae ( Federal National Mortgage Association) and Freddie Mac ( Federal Home Loan Mortgage Corp) are being pushed to reduce borrowers mortgage balances in order to shield U.S.
  • (4-traders (press release))
  • Ed DeMarco, the regulator in charge of Fannie Mae and Freddie Mac, has many critics, myself included, who would love him to allow Frannie to do principal reductions where it makes sense. But now he's managed to find a defender.
  • (Seekingalpha.com)
  • The Great Depression in the 1930s led to the creation of Fannie Mae and Freddie Mac, the government-sponsored mortgage agencies, which transferred the bulk of U.S. housing finance off bank balance sheets and onto that of the Federal government.
  • (Wall Street Journal)
  • POINTS FINGER OVER FREDDIE AND FANNIE The U.S. regulator overseeing state-controlled home loan financiers Fannie Mae and Freddie Mac has said the companies are being pushed to accept losses to keep big U.S. banks from writing down their holdings.
  • (Financial Times - March 26 - Reuters)
  • DUMMERSTON, Vt. -- Those who thought that last weeks government bailout of Fannie Mae and Freddie Mac would stabilize the financial markets got a wakeup call this week. Lehman Brothers, the fourth-largest U.S.
  • (American Reporter)
  • If the reaction is positive, the program is likely to be expanded to other states, and could become a model for the biggest players in the mortgage market — Fannie Mae and Freddie Mac.
  • (Boston Herald)
  • This is not a small problem. With Fannie Mae and Freddie Mac reeling from massive mortgage losses, the FHA has assumed a greater role in home lending, and now stands behind as much as 30% of new mortgages.
  • (Orange County Register)
  • The negotiations with Fortress about selling ResCap are still ongoing, while several government agencies including the U.S.
  • (Reuters India)
  • A. Bank, a men's clothing store. When Fannie Mae and Freddie Mac collapsed in early September 2008 and the stock market began to fall, Mr. Cohodes thought that his firm was well positioned to profit from the downturn, he recalled.
  • (New York Times)

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