Related topics:
Fannie Mae stories:
"Fannie Mae And Freddie Mac Warn About Dangers At Their Mortgage Insurers" and related posts
Nov 12th, 2009 - Silicon Alley Insider
Fannie Mae (FNM) and Freddie Mac (FRE) are back again, warning of future tourlbes. But this time there's a twist.
WSJ: …as conditions for mortgage insurers deteriorate...Obama Needs More Time to Find Fannie, Freddie Agency Inspector
Nov 12th, 2009 - Bloomberg
Nov. 12 (Bloomberg) -- Filling a 15-month vacancy forinspector general of the agency overseeing Fannie Mae, FreddieMac and the Federal Home Loan Banks will take more time and bedone “as soon as possible,” the Obama administration said.
"Issa Threatens To Strip Federal Money From Fannie And Freddie" and related posts
Nov 11th, 2009 - The Huffington Post
Taxpayer money shouldn't be used to back some $6 trillion in home mortgages if there is no inspector general keeping watch over those funds, the ranking Republican on...Fannie Mae may seek more aid; tax credit decision could cost $5.2B
Nov 9th, 2009 - USA Today
WASHINGTON — Fannie Mae said Monday it may have to ask the government for more financial assistance because the company cannot sell $5.2 billion in tax credits. The Treasury Department last week blocked the mortgage giant from selling about $2.
Fannie May Write Down $5.2 Billion in Tax Credits
Nov 9th, 2009 - Bloomberg
Nov. 9 (Bloomberg) -- Fannie Mae is reviewing whether itwill have to write down $5.2 billion in low-income housing taxcredits after the U.S. Treasury rejected its request to sell the investments...
Fannie Mae videos from YouTube:
- Fannie Mae: Live in Los...playingforchange.com - Grandpa Elliott has been delighting New Orleanians and tourists alike with this song from his regular perch at Toulouse and Royal for years. He begins this song the same way he always has ...
- Shocking Video Unearthed...Democrats in their own words Covering up the Fannie Mae, Freddie Mac Scam that caused our Economic Crisis. At a 2004 hearing see Democrat after Democrat covering up and attacking the regulations ...
- O'Reilly Blasts Barney Frank...Wow! This was good. O'Reilly talked to Barney Frank in the only language he understands- Screaming. It was great to see the Dem Rep put in his place for his role in the mortgage crisis.
- Explosive Video, Fannie...Explosive CEO calling Obama and Dems the "Family" "Conscience" of Fannie Mae The Banking Failures are because of the Housing Crisis, which was caused by mortgage lenders handing out bad loans ...
Fannie Mae stories from Digg:
Is Fannie Mae the new Enron or MCI
Fannie Mae, the government-sponsored mortgage association, has accounting errors of about $11 billion. That’s more than 19 times larger than Enron’s $567 million error. Yet a Justice Department inquiry, SEC investigation, and Office of Federal Housing Enterprise complaint were not enough to get the attention of ...(Business & Finance)
ts2007Fri, Nov 20th, 20091 Diggs, 0 CommentsFannie, Freddie Warn on More Losses - WSJ.com
Fannie Mae and Freddie Mac, which received a combined total of $112 billion from the government last year, said mortgage-insurance companies may not be able to pay claims in full.(Business & Finance)
sjbradyusdFri, Nov 20th, 20091 Diggs, 0 CommentsFannie Mae saves the day for Apartments ... so far ...
Fannie Mae originated 84% of the apartment loans last year while the usual funding sources kept their heads down in their foxholes ... what does that mean for 2010?(Business & Finance)
propertydocFri, Nov 20th, 20091 Diggs, 0 Comments
Fannie Mae from WikiPedia:
The Federal National Mortgage Association (FNMA) (NYSE: FNM), commonly known as Fannie Mae, is a stockholder-owned corporation chartered by Congress in 1968 as a government-sponsored enterprise (GSE), but founded in 1938 during the Great Depression. The corporation's purpose is to purchase and securitize mortgages in order to ensure that funds are consistently available to the institutions that lend money to home buyers.
On September 7, 2008, James Lockhart, director of the Federal Housing Finance Agency (FHFA), announced that Fannie Mae and Freddie Mac were being placed into conservatorship of the FHFA. The action is "one of the most sweeping government interventions in private financial markets in decades". As of 2008[update], Fannie Mae and the Federal Home Loan Mortgage Corporation (Freddie Mac) owned or guaranteed about half of the U.S.'s $12 trillion mortgage market.
Read more on WikiPedia
