Hints and tips:
...The first of these is that most mortgage market people do not believe it is possible to sell Fannie and Freddie mortgage-backed securities without a government “wrap”....
...A brief history of Fannie Mae & Freddie Mac For decades, Fannie Mae and Freddie Mac have helped Americans secure cheaper mortgages....
...Are Fannie Mae and Freddie Mac about to get caught up in a whole new area of partisan controversy?...
...The regulator of Fannie Mae and Freddie Mac has decided against allowing the two GSEs to forgive household debts through reducing principal on mortgages, going against the wishes of the Obama administration...
...Related links: Bofa halts routing new mortgages to Fannie – Bloomberg What price the banks’ FHFA lawsuit losses? – FT Alphaville...
...“We have become hostage to the irresponsible behaviour of politicians,” said Bader al-Saad, head of the KIA, in a New York speech last month....
...Once a loan is 90 days delinquent, the investor, typically one of the bailed-out GSEs Fannie Mae and Freddie Mac, asks the banks that created the mortgage for its documentation....
...- Modelling Fannie Mae and Freddie Mac – part II. - Rogoff: “The fault lies not in Lehman, but in ourselves…” - V-shaped revenue recovery combined with L-shaped capex growth....
...In September 2008, at the height of the financial firestorm sweeping the planet, the US government stepped in to bail out Fannie Mae and Freddie Mac, two pillars of its mortgage market....
...This was how the remaining US investment banks agreed to become commercial banks and subject themselves to greater regulation, or how mortgage lenders Fannie Mae and Freddie Mac were nationalised to prevent...
...securities (bonds guaranteed by a government-sponsored enterprise such as Fannie Mae) and agency debt....
...Mae before running again....
...This helped tip the debate within the Fed in favour of buying some Treasuries alongside its larger purchases of mortgage-backed securities issued by Fannie Mae and Freddie Mac....
...He served in the same post for Al Gore during the Clinton years before going on to lobby for clients, including Fannie Mae, the stricken lender....
...Tantalising opportunities to buy seemingly enduring franchises like Bear Stearns or Fannie Mae for pennies on the dollar became painful lessons in risk management and diversification....
...The 38 per cent limit has emerged as a rough consensus among policymakers, as the standard used by the FDIC, Fannie Mae and Freddie Mac, the Hope Now alliance of mortgage servicers and recently the Federal...
...The Federal Reserve last week began buying mortgages backed by government agencies Fannie Mae and Freddie Mac, part of its planned purchase of $500bn over the coming months....
...Shame Michael Moore et al were not listening to him back then....
...Recommended discourse: JCK et al at Alea....
...This time the game was played with a similar federal guarantee standing behind two government-sponsored enterprises, Fannie Mae and Freddie Mac....
...Earlier this week, Fannie Mae reported a record loss, including write-downs of its deferred tax assets that make up a significant portion of its capital....
...Freddie Mac and Fannie Mae (on behalf of) suing in NYC and DC: Bassman v. Syron, et. al (FRE) Agnes v....
...As well as the provisions related to Fannie Mae and Freddie Mac, the bill will allow the government to guarantee up to $300bn in mortgages refinanced at more affordable rates through the Federal Housing...
...As mortgage-backed bonds fall in value – even those backed by quasi-government entities Fannie Mae and Freddie Mac – banks demand more security to lend against them....
...Rumours swept the market earlier this week that Fannie Mae and Freddie Mac, the government-backed mortgage agencies, might get the authority to make sweeping purchases of underpriced mortgage securities....
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