Hints and tips:
..., CEO of Royal Mail, steps down as the group races to cut costs UK, the cap on bankers’ bonuses is removed Results: Anheuser-Busch InBev Q3, BP Q3, Fannie Mae Q3, Samsung Electronics Q3, JetBlue Q3, Stellantis...
...In an envy-tinged essay about Thompson, Colescott mused: “I think he wanted us to laugh. I laugh. I think he saw colour as orgasmic. I’ll get there.”...
...“It’s OK for a few days, but these are shelters for cows and not for humans,” said Sally Thompson, executive director of the Border Consortium, a non-governmental organisation....
...Finance Agency on Tuesday said the biggest loan for a single-family property in high-cost areas including New York and Los Angeles that can be purchased by government-sponsored home loan agencies Fannie Mae...
...Sophie Thompson excels as this touchingly fragile motormouth, delivering an exceptional “I’m an addict” speech at the NA meeting....
...More than half of the Federal Reserve’s $4.47tn balance sheet consists of US Treasuries, with mortgage-backed securities guaranteed by government agencies such as Fannie Mae and Freddie Mac making up a further...
...Modern ABS originated in the US mortgage market in the 1970s when the government, through its agency known as Ginnie Mae, guaranteed the first mortgage securities that passed through the mortgage principal...
...“We feel like we’ve gotten a large chunk of this [litigation] behind us,” said Mr Thompson....
...BofA is also waiting to hear its penalty on a case dubbed “the hustle” where it was found liable for civil fraud over mortgages sold to Fannie Mae and Freddie Mac. The government has asked for $2.1bn....
...The US Department of Justice announced criminal conspiracy and fraud charges against Paul Robson, a former money-manager and UK citizen who left the Rabobank in 2008, Paul Thompson of Australia, and Tetsuya...
...“We put a lot of risk behind us in 2012 at the same time we grew capital and we just feel like we’re in a much better place as we go into 2013,” said Bruce Thompson, chief financial officer....
...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...
...sell them on to government-backed mortgage groups Fannie Mae and Freddie Mac....
...Mr Thompson said there would either be a settlement or Fannie would sue BofA in court....
...In the quarter BofA also stopped selling loans to Fannie Mae in an escalation of a dispute with the government-controlled mortgage finance company....
...Treasury is due to deliver plans for comprehensive reform in January but officials are already preparing to sidestep what is likely to be a long and bitter battle in Congress over the future of Fannie Mae...
...Mr Laughlin will succeed Bruce Thompson, who was tapped to replace Chuck Noski as chief financial officer in April. He will begin his new role “late in the third quarter”, the bank said....
...These are loans backed by Fannie Mae and Freddie Mac....
...“Today’s prime borrower is far more at risk than the prime borrower of any other cycle,” said Michael Thompson, managing director of market, credit and risk strategies at S&P....
...If El-Erian is coming in on a high, Thompson, remarkably in the current market, is leaving on one....
...It has posted strong gains since the credit crunch began last year, in part by betting on mortgage debt tied to Fannie Mae and Freddie Mac....
...“You have these financial institutions that need to delever their balance sheets,” said Bill Bellamy, director of fixed income at Thompson, Siegel & Walmsley....
...David Thompson is the author of “Thai Food” (Pavilion Books, £25) and the chef at the Michelin-starred Thai restaurant Nahm in London....
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