gses

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

Latest blogosphere posts tagged “gses”

• Barney Frank’s Shocking Admission on Fannie and Freddie: They “Have Become a Kind of Public Utility”

  
  Firedoglake — Authority: 749
  House Financial Services Committee Chair Barney Frank (D-MA) It’s rare to see a public official be this forthright while cameras are rolling and reporters are massed: Mortgage giants Fannie Mae and Freddie Mac are now basically a “public policy instrument” of the government, Rep. Barney Frank (D-Mass.) ...
  13 hours ago

• Government Uses Takeover of Mortgage Giants to Deliberately Increase Their Massive Losses at Taxpayer Expense

  
  OpenMarket.org — Authority: 540
  The Wall Street Journal notes that the Obama administration has used the federal government’s bailout of mortgage giants Fannie Mae and Freddie Mac to do the exact opposite of what the federal government claimed it would do when it took them over a year ago.  It took them over in the name of winding down their ...
  22 hours ago

• Obama’s Recent $75 Billion Mortgage Bailout Fails: Harmful to Economy, Housing, and Construction, Say Economists and Real Estate Experts

  
  OpenMarket.org — Authority: 540
  Economists and real estate experts are saying that a $75 billion mortgage bailout program designed by the Obama administration has backfired and harmed the housing market, reports The New York Times : The Obama administration’s $75 billion program to protect homeowners from foreclosure has been widely ...
  1 day ago

• Origins of an American Kleptocracy

  
  zero hedge — Authority: 737
  Some days ago we wondered aloud at the blank check extended to Fannie and Freddie along with the suspiciously convenient timing of those announcements on Christmas Day.  Back then we wondered if we had been told the entire story .  To wit:     So.  Let us summarize:   We do not expect the GSEs to ...
  4 days ago

• With Eyes Finally Wide-Open, Reconsider Why The Economy Collapsed In The First Place

  
  Start Thinking Right — Authority: 132
  We are now able to see that from the very beginning of the Obama administration, the Republican Party has again and again demonstrated that they were completely right and Democrats were completely wrong.  Whether you look at the stimulus, cap-and-trade, bogus climate change claims, health care, or terrorism, ...
  5 days ago

• Domestic/Global Risks and Uncertainties

  
  InvestmentWatch — Authority: 158
  Domestic Risks and Uncertainties 1. The Bulk of the Option Arm resets trigger in 2010-2011 – “The reality is that these loans were never meant to survive the reset. Unless an alternative is created, the human pain and loss will be massive.” Institutional Risk Analyst Chris Whalen 2. The Black Holes at FNM and ...
  6 days ago

• Government Expands Fannie and Freddie Bailout and Lavishes Money on their CEOs

  
  OpenMarket.org — Authority: 540
  On Christmas Eve, when it hoped no one would notice, the Obama administration lifted the $400-billion limit on bailouts for government-sponsored mortgage giants Fannie Mae and Freddie Mac, and showered their executives with $ 42 million at taxpayer expense . (Earlier, Freddie Mac’s CFO received $5.5 million ). ...
  1 week ago

• $118 Billion On Deck In Last Coupon Auction Of The Decade

  
  zero hedge — Authority: 737
  The administration sure is learning how to take advantage of the Ritalin addicted, holiday sales overbonanzaed (1% increase over last years gruesome December performance surely must be terrific news) public. Not only did Obama hope the whole Fannie/Freddie BS would slip by unnoticed even as he paid the failed public ...
  1 week ago

• Weve Had Quite Enough of Barney Frank, Thank You Very Much

  
  zero hedge — Authority: 737
  Just occasionally, we feel as if we might be a little too harsh with Barney Frank.  He has, after all, been something of a singular lightning rod for many of the more adverse consequences of the housing boom.  Without question he has taken a disproportionate share of the heat generated by increasing scrutiny of ...
  1 week ago

• A Short Lesson in Chemistry

  
  zero hedge — Authority: 737
  The Obama administration is on the case, dont you worry.  Given that expanding the balance sheets of Government Sponsored Entities, increasing their regulatory caps on assets, and then, when caps could rise no further, permitting them to resort to securitization to move underpriced real estate loans off their balance ...
  1 week ago

• The Fed Has Officially "Spread" Itself Too Thin

  
  zero hedge — Authority: 737
  Recently there has been much speculation that the US government will do anything, anything, to rekindle the housing bubble. Even if that means providing Option ARMs at blue light special prices and hiring Angelo Mozillo as Mortgage Czar (we hope we are kidding about the latter). Yes, those very same Option ARMs ...
  1 week ago

• What Happens to Housings Turnaround When Uncle Sam Backs Out?

  
  DailyFinance — Authority: 763
  Many are heralding the recent blip up in housing starts as evidence that housing is "turning the corner." But lets not forget that unprecedented government intervention throughout the mortgage and housing industries is the only thing keeping these markets afloat. Continue reading What Happens to Housings Turnaround ...
  2 weeks ago

• Will The New ABX Prime Index Be The Reason For The Next RMBS (And Thus, FHA/GSE) Collapse?

  
  zero hedge — Authority: 737
  The worst kept secret on Wall Street over the past few days has been the floating of the ABX Prime index by MarkIt. While previously ABX covered only subprime, with it being fixed within points away from 0 in perpetuity, it appears speculators have decided to move up the food chain into what was formerly considered ...
  3 weeks ago

Comments about gses