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”

• 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 ...
  3 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 ...
  18 hours 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 ...
  18 hours 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 ...
  21 hours ago

• Fannie Studies Writing Off $5.2 Billion in Tax Credits

  
  DealBook — Authority: 782
  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

• Fannie Mae Lives! Kind Of

  
  Understanding Government — Authority: 139
  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: 550
  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: 630
  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

• 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 ...
  1 day 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 ...
  1 day 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: 419
  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

• Freddie Joins Fannie In Posting LOSSES; $25.2 BILLION Combined

  
  Logistics Monster — Authority: 543
  Burn! Baby! Burn! This is going to seem like a really boring post, but somebody besides Market Ticker has to keep track of our money being torched right before our eyes (and against our will). In all the hubbub of House Call rallies, stealth healthcare votes at 11:15pm on a Saturday night, Barney Frank being ...
  2 days ago

• If You Don’t Qualify to Modify Your FHA Mortgage Loan, Maybe You Can Do Fannie Mae’s New Deed For Lease Program

  
  Cleveland Real Estate News — Authority: 124
  This means you would sign your title over to your lender and you would become their tenant.  The catch is Fair Market Value (FMV) for the rent. If it’s determined to be $850/month, and your mortgage is more than that, it won’t work. If  the FMV is less than what you are now paying per month for your mortgage, it ...
  2 days ago

• (KELYA) Economy Produces Weak Employment Report

  
  Stock Blog Hub — Authority: 506
  The October employment report came in weaker than expected as the country lost 190,000 jobs, rather than the 175,000 expectation. It was, however, an improvement over the 219,000 lost in September, but worse than the 154,000 jobs lost in August. Both the September and August job losses were revised sharply lower. As ...
  2 days ago

• (AXP) More Information on Unemployment Duration

  
  Stock Blog Hub — Authority: 506
  While I touched on unemployment duration at the end of my last blog, this is a very important subject and deserves a bit more elaboration. Quite simply being out of work for three or four weeks is a very different experience with very different economic implications than being out of work for six months to a year or ...
  2 days ago

• Barney Frank: Why Does This Man Still Have A Job?!?

  
  Hummers & Cigarettes — Authority: 421
  Isnt it amazing how some individuals in our society manage to keep their jobs?  Barney Frank , democratic representative of Massachussetts,  is one of those.   How his past actions have not landed him in jail, if not at the very least kicked out of office, is mind-boggling. First, lets start with Franks run-in ...
  2 days ago

• Obama’s Economy Hits 26-Year High Unemployment of 10.2%, As House Democrats Try to Add a New $1.2 Trillion Dollar Obamacare Entitlement Program

  
  Gospel of Jesus Christ, The Gift of Eternal Life — Authority: 121
  Pelosicare will cost a staggering $1.2 trillion, with small businesses wacked with HUNDREDS OF BILLIONS OF DOLLARS in brand-spanking NEW TAXES , courtesy of your business UNFRIENDLY Democratically controlled Congress  and White House. After that, everything EXPLODES in TRILLIONS MORE deficit spending on ...
  2 days ago

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