Hints and tips:
...Klain has also had a spell as a lobbyist, working for clients including Fannie Mae, the government-backed mortgage giant....
...As a Fannie Mae report noted: “Residents of these communities were willing to go to great lengths to secure their futures.”...
...She cited competition from insurers, government-sponsored enterprises such as Fannie Mae and Freddie Mac, and other non-banks. “We are selective, given where we are in the cycle,” she said....
...A brief history of Fannie Mae & Freddie Mac For decades, Fannie Mae and Freddie Mac have helped Americans secure cheaper mortgages....
...Instead, Powell focused on the status of Fannie Mae and Freddie Mac, the “government-sponsored enterprises” that have been wards of the state since 2008....
...Mae and Freddie Mac....
...Private-label means the loans backing the bonds are not guaranteed by the US government’s housing giants, Fannie Mae, Freddie Mac and Ginnie Mae....
...Fannie Mae results ‘mark turning point’ for housing agency Fannie Mae underlined the recovery in the US housing market as the recipient of the biggest bailout in US history reported record net income of...
...Issuance topped $700bn in the peak years of 2005 and 2006. Today’s private RMBS are made largely from mortgages too large to qualify for a guarantee from government agencies Fannie Mae or Freddie Mac....
...Fannie Mae watch: The GSE “expects to report annual net income for the first time since 2006,” according to its third-quarter results (Fannie Mae)....
...Americans’ confidence in the outlook for the housing market has risen and they believe home prices will continue to rise in the next year, according to a new survey by Fannie Mae, the government-owned mortgage...
...So now you ask yourself why was it the American political system allowed the GSEs [Government-Sponsored Enterprises (Fannie Mae and Freddie Mac)] to operate without capital, the investment banks to operate...
...Just think of 1998 (the Russian crisis and Long-Term Capital Management hedge fund implosion); 2007 (the mortgage securities and money market freeze); 2008 (the Fannie Mae “jolt”, which led to the Lehman...
...The loans were then sold on to private buyers and Fannie Mae and Freddie Mac, the quasi-government agencies that guarantee mortgages....
...Mers was created in the mid-1990s by mortgage giants Fannie Mae and Freddie Mac as well as Bank of America, JPMorgan Chase and a host of other housing finance companies to facilitate the securitisation of...
...However, the market for the sale of new private-label MBS bonds has yet to recover, with government-backed mortgage financiers such as Fannie Mae and Freddie Mac financing most new home loans instead....
...But banks in the US are also on the hook for loans that investors including Fannie Mae and Freddie Mac, the government-owned mortgage finance companies, say violated underwriting guidelines....
...Justified as necessary to avert a second Great Depression, the bail-outs of banks, American International Group, Fannie Mae, Freddie Mac and the motor industry appeared to many as costly pay-offs to the...
...News that Fannie Mae, the US government-controlled mortgage group, is still bleeding cash shouldn’t really come as a surprise. Nevertheless, the losses continue to astound us here at FT Alphaville....
...Fannie Mae was down 4 per cent to $1.43 and Freddie Mac lost 3.9 per cent to $1.71....
...(4) Policies that aggressively promoted homeownership and government-sponsored enterprises like Fannie Mae , amplified by predatory and deceitful private sector lending practices, created an unsustainable...
...That was partly because it played a crucial and stabilising role last year in the wake of Lehman Brothers filing for bankruptcy, the collapse of AIG, the government takeover of Fannie Mae and Freddie Mac...
...“We are asking boards of financial institutions to sit down, think about plausible nightmare scenarios and then take measures to deal with them,” says Peter Niculescu, a former executive at Fannie Mae, the...
...The US mortgage agency Fannie Mae, which owns or guarantees about one-third of Alt-A mortgages, presciently defined them as “loans underwritten with lower or alternative documentation than a full documentation...
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