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Federal Home Loan Mortgage News

Ex-Fannie Mae Employee: Executives 'Philosophically Opposed' To Loan Forgiveness - Huffington Post


Bloomberg

Ex-Fannie Mae Employee: Executives 'Philosophically Opposed' To Loan Forgiveness
Huffington Post
The head of the Federal Housing Finance Agency, which oversees Fannie Mae and Freddie Mac, has previously said that concerns about losing taxpayer money had kept the two mortgage giants from reducing principal on struggling borrowers' loans.
A Mortgage Tornado Warning, UnheededNew York Times
Mortgage Bonds Face Eye of Storm as Refinancings Decline: Credit MarketsBloomberg
Housing regulator acted on "ideology": lawmakersReuters
Habitat magazine -Toronto Sun -Press-Enterprise
all 182 news articles »

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Mortgage deal nears as holdout states join - Reuters


Bloomberg

Mortgage deal nears as holdout states join
Reuters
Schneiderman will also play a leading role in a federal-state working group Obama formed last month to investigate misconduct in the pooling and sale of risky home loans. MONEY BREAKDOWN Under the settlement, the banks would provide $17 billion in loan ...
N.Y., Calif. to sign mortgage settlementTucson Citizen
Foreclosure Deal Said to Offer $17 Billion in Mortgage AidBloomberg
Mortgage foreclosure deal could come todayLivingston Daily
Politico -LoanSafe -Christian Science Monitor
all 478 news articles »

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US banks near $40bn housing deal - Financial Times


Financial Times

US banks near $40bn housing deal
Financial Times
Under the proposed agreement, Bank of America, Wells Fargo, JPMorgan Chase, Citigroup and Ally Financial would be forced to improve their mortgage procedures; reduce borrowers' loan balances and monthly payments; and make about $4.2bn in cash payments ...
5 Booming Bank Stocks Poised to FallForbes
N.H. Eyes Blockbuster Bank DealNew Hampshire Public Radio
Bad mortgage loan costs top $72 billionCharlotte Observer
New Haven Register
all 46 news articles »

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Loudoun and Fauquier home sales - Washington Post


Loudoun and Fauquier home sales
Washington Post
Fenton Wood Dr., 30-Federal Home Loan Mortgage Corp. to Steve Erdely, $312000. Moss Rd., 12-Amy R. Shipley to Matthew J. Szabaga, $404000. Noble Terr., 20810, No. 209-Jerrie E. Herbert to Jimmie L. Adams, $315000. River Meadows Terr., 46534-Sivakumar ...

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2 Sectors With 9 Stocks For Outstanding Potential Results - Seeking Alpha


2 Sectors With 9 Stocks For Outstanding Potential Results
Seeking Alpha
Annaly Capital also invests in Federal Home Loan Bank, Federal Home Loan Mortgage Corporation, and Federal National Mortgage Association debentures. The company has elected to be taxed as a real estate investment trust (REIT).

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Fed Sells $6.2 Billion of Bonds From AIG Rescue to Goldman - San Francisco Chronicle


Bloomberg

Fed Sells $6.2 Billion of Bonds From AIG Rescue to Goldman
San Francisco Chronicle
8 (Bloomberg) -- The Federal Reserve Bank of New York sold $6.2 billion in face value of mortgage bonds it assumed in the rescue of American International Group Inc. to Goldman Sachs Group Inc., allowing one of its bailout loans to be repaid.
Goldman Snags Old AIG BondsWall Street Journal
Goldman Buys $6.2 Billion In Mortgage Bonds From NY FedFox Business
GOLDMAN SACHS GROUP, INC. : 3rd UPDATE : Goldman Buys $6.2 Billion In Mortgage ...4-traders (press release)
Ninemsn
all 40 news articles »

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Obama Mortgage Refinancing Plan: A Bailout by Any Other Name - National Legal and Policy Center


National Legal and Policy Center

Obama Mortgage Refinancing Plan: A Bailout by Any Other Name
National Legal and Policy Center
The Federal Reserve purchased $1.25 trillion in mortgage securities to keep mortgage rates down. And the Obama administration created the still-operative Home Affordable Modification Program (HAMP) and Home Affordable Refinance Program (HARP) to make ...
Obama's Refinancing Plan Means Fee for HomeownersFox Business
President Comes to Area, Announces Homeowners Bill of RightsVirginia Connection Newspapers
Responsible homeowners need reliefColumbus Dispatch

all 22 news articles »

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