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Original Technorati articles tagged “freddie mac”
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in PoliticsMitt - Gingrich Out Demonize Each Other In Obama Style Class Warfare Attacks

Why were the executives of TAXPAYER funded Freddie Mac and Fannie Mae able to walkaway with multi-million dollar bonuses?by theedje / on Dec 13, 2011 -
in PoliticsNEWT GettING RICH at the Expense of Taxpayers

The Gingrich Group, which is named after him, took $2 million dollars from Freddie Mac.by stephengfm / on Nov 19, 2011 -
in FinanceMortgage Aid Still Needs To Be Offered To The Middle Class

Calling the end of government involvement in the mortgage sector and if it is the right choice for Americans and home ownership.by freehampreport / on Mar 9, 2011
Latest blogosphere posts tagged “freddie mac”
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Maryland joins pending multibillion-dollar foreclosure settlement
Exhibit A Baltimore —
Authority: 137
Maryland stands to receive between $895 million and $959 million in benefits under a pending multibillion-dollar nationwide settlement with the five largest mortgage lenders over alleged foreclosure abuses, Attorney General Douglas F. Gansler said Wednesday.Gansler joined the ranks of more than 40 attorneys general ...8 hours ago -
Freddie Mac Rolls Out a Program for the Unemployed
Mortgage-Blog —
Authority: 129
Here’s a newsflash – unemployment remains a concern. In Arkansas, the unemployment rate was 8.2 percent in November – that’s down from 9.3 percent, but is still high for Arkansas. What that number means is that 106,500 people in the Natural State want jobs but don’t have them. That’s a large number, ...5 days ago -
Gingrich’s Deep Ties to Fannie Mae and Freddie Mac
NYT > Theater —
Authority: 861
Speaker Newt Gingrich in 1998 in Ireland, where he helped promote a program sponsored by Fannie Mae and Freddie Mac. His campaign said he had been invited by Habitat for Humanity.5 days ago -
‘Cash For Keys’ scam in Rancho Cucamonga
Riverside CA Inland Empire Southern California News —
Authority: 133
A woman alleged to have operated a “cash for keys” scam in Rancho Cucamonga has been charged with Burglary, Forgery and Grand Theft. Quddusa Lynette Anderson, 38, of Patton, was arraigned on February 3 in Rancho Cucamonga Superior Court. Investigators from the District Attorney’s Real Estate Fraud ...5 days ago -
Regulator: Freddie Ceased Mortgage Transactions ‘On Its Own’
WSJ.com: Developments —
Authority: 511
Bloomberg News Edward DeMarco, acting director of the Federal Housing Finance Agency By Alan Zibel and Nick Timiraos Freddie Mac stopped investing in certain mortgage derivatives last spring amid a weak market for such transactions, the firms federal regulator said on Friday, as an uproar continued on Capitol ...5 days ago -
Wealth Matters: Advantages and Risks of Gingrich’s S Corporation
NYT > Theater —
Authority: 861
Steven R. Schneider, a partner at Goulston & Storrs, a law firm, said real estate companies were particularly ill-suited for S corporations.6 days ago -
D.C. activists call for surplus to go to social services…Plans to shut Fannie and Freddie move forward…Terri Freeman responds to Pablo Eisenberg [News, 2.3.12]
Washington Grantmakers Daily —
Authority: 108
BUDGETS | Community activists want D.C.’s $240 million surplus to go toward programs to support homeless youth and affordable housing , but the officials say the funds may have to go toward replenishing the city’s reserves. ( WAMU , 2/3) HOUSING | The Obama administration is moving forward with plans to ...6 days ago -
Kiss The Foreclosure Settlement Goodbye: Bank of America, Wells And JP Morgan Are Sued Over Use Of MERS
In The Spirit of Jubilee —
Authority: 141
A little over a year since the day that the world first learned about robosigning and the broader problem of fraudclosure, which is merely the functional equivalent of infinite rehypothecation of an underlying asset between a daisy-chain of lien holders, we get the first legal incursion into this farce. From Bloomberg ...6 days ago -
Kiss The Foreclosure Settlement Goodbye: Bank of America, Wells And JP Morgan Are Sued Over Use Of MERS
ZeroHedge —
Authority: 799
A little over a year since the day that the world first learned about robosigning and the broader problem of fraudclosure, which is merely the functional equivalent of infinite rehypothecation of an underlying asset between a daisy-chain of lien holders, we get the first legal incursion into this farce. From Bloomberg ...6 days ago -
Mortgage Rates Tumble to Record Low
Charlottesville Real Estate by Rob Alley of Remax Assured Properties —
Authority: 108
The average rate on the 30-year fixed mortgage dropped to the lowest since records have been kept, creating a tempting target for people to refinance their homes. Freddie Mac said Thursday the average rate on the 30 - year fixed mortgage hit 3.87 percent, down from 3.98 percent the prior week. Thats ...6 days ago -
Obama Administration to Shut Down Fannie and Freddie
Wall St. Cheat Sheet —
Authority: 579
The Obama administration is working to attract more private funding for mortgage markets while winding down government-backed housing giants Fannie Mae and Freddie Mac . Hot Feature: Senate Passes Insider Trading Ban for Members of Congress U.S. Treasury Secretary Timothy Geithner told reporters that ...6 days ago -
A New Lease on Life or a Nail in the Coffin? Notice and Comment Period on PACE Opens
CleanTechies Blog - CleanTechies.com —
Authority: 542
Property Assessed Clean Energy ( PACE ) programs allow local governments to loan money to homeowners to do energy efficiency projects. The PACE loans are generally repaid as a property tax line item. PACE programs were initially very popular, and more than 25 states passed PACE-enabling legislation. As ...6 days ago -
Bill passes to eliminate bonuses for Freddie and Fannie execs… McCain, on the Senate floor this week, said he found it “hard to believe” it would be difficult to find people to run the firms “without the incentive of multi-million dollar bonuses.”
InvestmentWatch: Emerging markets, Real Estate, Personal finance, Business management, Politics, Economics —
Authority: 149
From Bloomberg: The U.S. Senate passed a prohibition on executive bonuses at Fannie Mae and Freddie Mac (FMCC), the government-controlled mortgage companies that are dependent on taxpayer aid. The Senate voted 96-3 to approve a bill including the ban proposed by Republican John McCain of Arizona and Democrat ...6 days ago -
Why Fannie and Freddie Are Hesitating to Help Homeowners
Progressive News Daily —
Authority: 135
by Cora Currier Pro Publica Earlier this week, ProPublica and NPR detailed how Freddie Mac placed bets against homeowners that paid off if borrowers were unable to refinance their mortgage loans. The story highlighted the conflicted role of the huge and now government-controlled Freddie Mac and Fannie Mae: ...6 days ago -
Editorial: Bankers Keep Fighting Back
NYT > Theater —
Authority: 861
Telling financial institutions to set aside a larger capital cushion is the best way to avoid another meltdown.6 days ago -
Senate Approves Ban on Insider Trading by Congress
NYT > Theater —
Authority: 861
A sweeping new ethics bill would also require disclosures by thousands of employees in the executive branch.6 days ago -
Fannie and Freddie don’t deserve blame for bubble
San Francisco Real Estate Blog —
Authority: 127
Washington Post – There is plenty of blame to go around for the U.S. housing bubble, but not much of it belongs to Fannie Mae and Freddie Mac. Read the full story6 days ago -
Mortgage Rates Dip to 3.87 Percent as Market Misses Projections
Mortgage Net Branch Opportunities —
Authority: 135
Freddie Mac has released the results of its latest Primary Mortgage Market Survey (PMMS), showing average mortgage rates dropping to new all-time record lows of 3.87 percent with an average 0.8 point for the week ending Feb. 2, 2012, down from last week when it averaged 3.98 percent. Last year at this time, the ...6 days ago -
No More Bonuses for Fannie, Freddie Executives
Value Investing —
Authority: 441
The U.S. Senate in an effort to minimize costs at Fannie Mae (FNMA) and Freddie Mac (FMCC), the government-controlled mortgage companies that are dependent on taxpayer aid, today adopted by voice vote a measure to prohibit executive bonuses at both…6 days ago -
Mortgage Rates Hit More Historic Lows
Chicagoland Real Estate Forum —
Authority: 120
As long as they keep falling, we’re going to keep telling you about them. The economy continues to struggle and mortgage rates continue to drop. This week each mortgage option reached a new all-time low except the 1-year ARM, which actually posted an increase. Mortgage rates for the week ending February 2, according ...6 days ago



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