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Freddie Mac

Rick Santorum's Housing Hypocrisy

Mother Jones | Andy Kroll and Tim Murphy | Posted 03.09.2012 | Politics

Rick Santorum wants the government out of every aspect of Americans' lives—especially the housing market. He pledges to eliminate Fannie Mae and Fre...

Ben Hallman

Time to Pack? Foreclosure Starts On The Rise | Ben Hallman | Posted 03.08.2012 | Business

Looks like the mortgage industry is ready to snake out a foreclosure pipeline clogged with millions of defaulted home loans. Foreclosure starts on...

Keeping a Roof Over Our Heads

Rep. Charles Rangel | Posted 05.07.2012 | Politics
Rep. Charles Rangel

Congress must not let the Mortgage Forgiveness Debt Relief Act expire at the end of the year. Today 12 million Americans are on the verge of losing their homes because they owe more money than their home is worth.

Bank Probe Adds 'A Lot Of Overlapping Cooks In The Kitchen'

Reuters | Posted 05.01.2012 | Business

* DOJ subpoenas seek three years of documents * New group announced in State of the Union * Could slow down efforts to r...

California AG: Let's Make Sure Lending Abuse 'Will Never Happen Again'

Reuters | Posted 04.30.2012 | Business

* Kamala Harris continues fight against lenders * Six bills to protect borrowers from mortgage fraud * Follows settlemen...

Ben Hallman

Housing Regulator Won't Heed President Obama On Foreclosure Fix | Ben Hallman | Posted 02.28.2012 | Business

High-level efforts to convince federal housing regulator Edward DeMarco to support a foreclosure prevention technique championed by the Obama administ...

Occupy Group Declares Victory In Foreclosure Fight

The Huffington Post | Posted 02.28.2012 | DC

WASHINGTON -- Occupy Our Homes-DC, a housing-focused group related to Occupy DC, scored a victory in its goal of saving a Bowie, Md., grandmother's ho...

Thanks To The Government You Can Now Rent A Foreclosed Home

AP | The Associated Press | Posted 04.28.2012 | Business

WASHINGTON — The government is looking to sell off some of its stock of homes in foreclosure. The Federal Housing Finance Agency has control ov...

Gabriel Lerner

The Marine vs. Freddie Mac: Winner Takes Home | Gabriel Lerner | Posted 02.27.2012 | Latino Voices

Almost a week after they were scheduled to be evicted forcibly from their home, the De Los Santos family is still living in the Riverside house they b...

BofA Tired Of Fannie Mae, Stops Selling Some Mortgages To Them

Reuters | Posted 04.25.2012 | Business

* BofA cites Fannie Mae repurchase claims * Bank still selling loans to Freddie Mac * BofA freezing pension plan June 30...

Rich Americans: 'Take My Mansion, Please'

The Huffington Post | Alexander Eichler | Posted 02.23.2012 | Business

Growing numbers of rich Americans are welcoming the foreclosure crisis into their homes. Default rates for the nation's most expensive properties ...

More DeMarco Outrage: You Won't BELIEVE Who He's Considering for Fannie CEO

Richard (RJ) Eskow | Posted 04.23.2012 | Business
Richard (RJ) Eskow

Fannie Mae is currently hunting for a new CEO. Which names are at the top of the list?

Watchdog: Mortgage Giants Spending Too Much Defending Former Execs

AP | MARCY GORDON | Posted 02.22.2012 | Business

WASHINGTON -- The U.S. government regulator for Fannie Mae and Freddie Mac must do a better job limiting legal expenses paid by the two mortgage giant...

Ben Hallman

Homeownership: Huge, Expensive Habit No One Can Break | Ben Hallman | Posted 02.22.2012 | Business

Like many dangerous addictions, the government's reliance on Fannie Mae and Freddie Mac to make real the American dream of homeownership has turned in...

Gabriel Lerner

Family Who Re-Occupied Foreclosed Home Resists Eviction | Gabriel Lerner | Posted 02.23.2012 | Latino Voices

LOS ANGELES -- Arturo De Los Santos and his wife Magdalena have been fighting to keep the home in Riverside, California, where they raised their four ...

Ben Hallman

Shaun Donovan Still Hopes Fannie Mae, Freddie Mac Will Forgive Homeowner Debt | Ben Hallman | Posted 02.16.2012 | Business

After a year of arguing with Fannie Mae and Freddie Mac over the benefits of loan write-downs, the Obama administration is taking another approach: sh...

Beverly Hills Super-Rich Ditch Increasingly Worthless Mansions

Reuters | Posted 04.16.2012 | Business

* Record number of defaults in Beverly Hills * Many wealthy owners could still pay but walked away * Only 12 of 180 dist...

A New Strategy for Wall Street Accountability

Mike Lux | Posted 04.16.2012 | Politics
Mike Lux

One of the things we always need to be careful of is letting down after a big fight comes to a conclusion. With the banking settlement finished, one phase of the fight for Wall Street accountability is over, but now we enter an even more important next phase.

Edward DeMarco: The Ideologue Who's Holding Homeowners -- and the Economy -- Hostage

Richard (RJ) Eskow | Posted 04.15.2012 | Politics
Richard (RJ) Eskow

Why is Edward DeMarco still in this important post? We need leaders to solve our housing problem. Instead, this responsibility has been left in the hands of an ideologue whose deregulatory dream world is made up of nothing but rainbows.

Bonnie Kavoussi

Pressure Mounts On Mortgage Giants To Pursue Principal Reductions | Bonnie Kavoussi | Posted 02.13.2012 | Business

Top law enforcement officials in several states are signaling they will pressure Fannie Mae and Freddie Mac to correct what is widely seen as one of t...

Some States Using Funds From Foreclosure Deal To Close Budget Gaps

The Huffington Post | Alexander Eichler | Posted 02.10.2012 | Business

Well, that was fast. Two states have already announced that they won't be using all of their share of the $25 billion allocated in Thursday's hist...

Bonnie Kavoussi

Ex-Fannie Mae Employee: Executives 'Philosophically Opposed' To Loan Forgiveness | Bonnie Kavoussi | Posted 02.09.2012 | Business

Fannie Mae executives are refusing to forgive part of homeowners' mortgage debt because they are "philosophically opposed" to the idea, according to a...

Time for New Leadership at Fannie and Freddie: Obama Should Side With Homeowners Over Wall Street

Gordon Whitman | Posted 04.08.2012 | Business
Gordon Whitman

Large-scale principal reduction is a win-win for homeowners and the economy. It would stabilize housing values and prevent foreclosures, while putting cash in the wallets of struggling families.

Fictional Davos Discussion Between Tim Geithner and China's He Yafei

Howard Steven Friedman | Posted 04.03.2012 | World
Howard Steven Friedman

The following conversation did not take place... but wouldn't it have been interesting if it did? Geithner: Glad I found you. We really need to talk...

Attorneys General: It's Time to Close the Deal

Janis Bowdler | Posted 04.03.2012 | Latino Voices
Janis Bowdler

It is time to deliver the first installment of relief for homeowners that have not a moment to lose.