Fannie Mae

Welcome to the 'Fannie Mae' tag page at Technorati. This page features content from the farthest reaches of the Blogosphere that authors have "tagged" with 'Fannie Mae'.

Latest blogosphere posts tagged “Fannie Mae”

• Barney Frank is a disgrace

  
  Coralville Courier — Authority: 488
  So Congressman Barney Frank (liberal - MA.) was sitting on the porch of his partner’s Maine home in August of 2007 when police came to arrest his partner, James Ready, for marijuana possession. Frank claimed he was unaware Ready had marijuana plants.  Right....... According to the police report, Maine police ...
  8 hours ago

• Pain in the Fannie

  
  ThinkMarkets — Authority: 526
  by Chidem Kurdas As Fannie Mae goes for its next withdrawal from the $200 billion kitty the US Treasury graciously made available to this government-created and -sustained mortgage financer, it may be useful to look beyond the current housing slump and consider what it augers for the future. Having made yet another ...
  15 hours ago

• How Did Paul Krugman Get It So Wrong? (Nobel Laureate Missed the Fannie and Freddie Debacle)

  
  Stupidica — Authority: 163
  In July 2008 Nobel laureate Paul Krugman wrote that Fannie Mae and Freddie Mac (the GSEs) "didnt do any subprime lending, because they cant: the definition of a subprime loan is precisely a loan that doesnt meet the requirement, imposed by law, that Fannie and Freddie buy only mortgages issued to borrowers who made ...
  19 hours ago

• The Worlds Most Important Trading Desk Is Not At Goldman, But Is On The 9th Floor Of 33 Liberty Street

  
  zero hedge — Authority: 761
  Even though our good Samaritan friends at One New York Plaza may take offense to this designation, the trading desk that controls the formerly free world is not located anywhere on the premises of Goldman Sachs, but is instead situated on the 9th floor of 33 Liberty Street, also known as the home New York Fed. From a ...
  20 hours ago

• Daily Highlights: 11.10.09

  
  zero hedge — Authority: 761
  Asian stocks, currencies climb as reports show demand spurred by stimulus. China to overlook calls for stronger yuan as exports fall, researchers say. Chinas house prices rise at fastest pace in 14 months, government says. EU objects to Oracles takeover of Sun. Japans government is set to reach a decision on a ...
  22 hours ago

• The financial institutions (and assets) got troubled or bankrupt inthe PAST 2 WEEKS - The Latest Casualty Count

  
  InvestmentWatch — Authority: 449
  Just a short list about the financial institutions (and assets) got troubled or bankrupt inthe PAST 2 WEEKS. This is not about community banks, or little companies anymore. Companies with assets > 10B are not small. Capmark($20B) CIT ($70B) U.S. Bank, NA, of Minneapolis ($19B) GMAC ($187B) United Commercial Bank ...
  1 day ago

• There must be a mistake, we are in recovery.

  
  InvestmentWatch — Authority: 449
  AMBAC Earnings Release: The bond insurer reported $2.87 billion in net unrealized gains on credit derivative contracts during the latest quarter. MBIA Earnings Release: The loss was driven by an $810.2 million pretax unrealized loss on insured credit derivatives Mark To Fantasy accounting has zero standards when ...
  1 day ago

• Your Landlord Fannie Mae

  
  Housing Complex — Authority: 559
  Fannie Mae is now allowing former owners to rent out their own foreclosed homes. The thinking behind this, according to the Wall Street Journal , is to “forestall the rash of foreclosed houses coming on the market,” which are lessening home values and obviously selling for very low prices. The program has ...
  1 day ago

• Fannie Studies Writing Off $5.2 Billion in Tax Credits

  
  DealBook — Authority: 783
  Fannie Mae, the mortgage finance giant, said Monday that it was reviewing whether it would have to write off $5.2 billion in low-income housing tax credits after the Treasury Department rejected its request to sell the credits to Goldman Sachs.
  1 day ago

• Fed Opposed by Left and Right

  
  Cato @ Liberty — Authority: 744
  On its front page today, the Washington Times reports that expanded powers for the Federal Reserve are being opposed by “odd allies.”  The Fed’s imperial over-reach for additional regulatory powers is being opposed by Democrats and Republicans, and liberals and conservatives alike.  As well it should ...
  1 day ago

• Fannie Mae Lives! Kind Of

  
  Understanding Government — Authority: 140
  ProPublica’s Paul Kiel blogs that the Treasury Dept. quietly announced Friday afternoon that it was providing another $15 billion in its bailout of now wholly government-owned mortgage financier Fannie Mae. Fannie Mae has received a total of $60 billion in taxpayer bailout money, while its sister company, Freddie ...
  1 day ago

• Fannie Mae to allow borrowers in foreclosure to lease back homes -- latimes.com

  
  BuzzFlash.net: published — Authority: 548
  Mortgage giant Fannie Mae said Thursday that it would throw a lifeline to some people losing their homes to foreclosure by allowing them to lease those properties back for up to a year at market rental rates. The move is the latest in a series of steps by lenders trying to manage inventories of foreclosed homes on ...
  1 day ago

• Stuyvesant Town In Effective Default, As Loan Moved To Special Servicing; Mezz Lenders SL Green And Fortress Wiped Out

  
  zero hedge — Authority: 761
  Look for the next batch of CRE numbers to be the worst ever as Tishman and BlackRock move the loan backing Stuyvesant Town to special servicing, in essence throwing in the towel, and pushing the affordable home complex into default. According to Fitch the propertys worth has plunged from $3 to $1.8 billion. This means ...
  1 day ago

• The “Cute and Cuddly Grandpa from Omaha” has Fangs

  
  The Reformed Broker — Authority: 636
  I’ve read enough about and by Warren Buffett to be completely in awe of him.  he remains, as Doug Kass calls him, The Mozart of Investing , cobbling together one masterpiece after another, always ahead of the curve. That said, my eyes were opened by some of my favorite bloggers this weekend, and I will ...
  1 day ago

• Rather than foreclose, Fannie Mae home borrowers could become renters

  
  Home Buyers & Sellers Homeowners — Authority: 120
  Last week Fannie Mae (FM) announced a new program that will allow homeowners who hold a FM mortgage to become renters of their home . Deed for Lease will permit borrowers to transfer their ownership to FM and sign a rental agreement for one year. After that period, leasing will be on a month-to-month basis. This ...
  2 days ago

• Obama Administration Denies Goldman Sachs $3 Billion Tax Break

  
  Politics Daily — Authority: 814
  Filed under: Economy , Taxes , Obama Administration The Treasury Department told Goldman Sachs last week that it could not use Fannie Maes tax credits to reduce its own tax liability. An official with the Obama administration explained that the proposal "would result in a loss of aggregate tax revenues that would ...
  2 days ago

• Handwriting on the Wall?

  
  Bank Lawyer's Blog — Authority: 123
  In mortgage banking, the " elephant in the room " used to be repurchase obligations. That elephant (just like Sarah Palin) "went rogue" over the past two years and as a result, mortgage loan investors are busy trying to ensure that if you pay it forward, you sure better be able to buy it back , Fannie ...
  2 days ago

• Fannie Mae seeks $15 billion aid

  
  Global Crisis News — Authority: 470
  Mortgage giant Fannie Mae has reported a third quarter loss of $19 billion  and has requested the Treasury for $15 billion more as aid for its survival. Fannie Mae and Freddie Mac were taken by the federal government under its control in September last year. Fannie Mae has suffered losses of $111 billion since ...
  2 days ago

• Homeowners facing foreclosure may be able to remain in their homes

  
  Florida real estate blog — Authority: 124
  Fannie Mae has started a program called Deed for Lease™, created with the goal of keeping homeowners who would otherwise lose their home to foreclosure and alternative way of remaining in the home.Homeowners who qualify and agree to give their home back to the lender via a deed in lieu will then be allowed to lease ...
  2 days ago

• The New Deed for Lease Program Hits a Neighborhood Near You

  
  VA Real Estate Talk — Authority: 461
  Back in August 2009 I pondered Should a Distressed Homeowner Get to Rent Their Home Back from the Lender?  when the first hints of the proposed “Deed for Lease “ program were announced. This week Fannie Mae formally issued the “Deed for Lease” (D4L) program guidelines which allows qualifying homeowners ...
  2 days ago

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