Fannie Mae

Fannie & Freddie Say It Would Be Too 'Awkward' To Meet With Foreclosed Homeowners

HuffingtonPost.com | David Sands | Posted 05.18.2013 | Detroit

Officials from the mortgage financing giants Fannie Mae and Freddie Mac have withdrawn from a Detroit event where homeowners are set to talk about the...

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Why FHA Mortgages Are More Stable Than We Think

Peter G. Miller | Posted 05.16.2013 | Politics

Read More: Mortgage Crisis, Loan, Fannie Mae, Mortgages, Fha, Mortgage, Freddie Mac, Politics News

For the past year there have been worries that the FHA might require taxpayer money to pay off lender claims for loans gone bad. But now it may be that the economy has turned around and the FHA may well do better than anyone thinks.

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Deficit Shrinks Far Faster Than Expected

Reuters | David Lawder and Labib Nasir | Posted 05.15.2013 | Politics

Read More: Deficit, Video, Cbo, Freddie Mac, Chris Van Hollen, Potomac Research Group, House Budget Committee, Reuters, Fannie Mae, Greg Valliere, Congressional Budget Office, Barack Obama, Politics News

WASHINGTON, May 14 (Reuters) - The U.S. deficit is shrinking considerably more quickly than previously thought, the Congressional Budget Office said...

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Saving Fannie and Freddie -- Part II

Harlan Green | Posted 05.11.2013 | Business

Read More: Fannie Mae, Fannie Mae Freddie Mac Bailout, Freddie Mac, Housing, Sub-Prime Mortgages, Mortgage Market, Business News

The FHFA just announced that it will no longer allow Fannie and Freddie to purchase or guarantee so-called "non-qualified" mortgages with more than 30 years amortization or that have interest only payments, among other restrictions.

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Obama Urges Congress To Back Another Pick

Reuters | Posted 05.11.2013 | Politics

Read More: Mel Watt Obama, Video, Freddie Mac, Obama Weekly Address, Mel Watt Housing Regulator, President Barack Obama, Reuters, Fannie Mae, Mel Watt, Obama, Obama Mel Watt, Politics News

WASHINGTON, May 11 (Reuters) - President Barack Obama urged lawmakers on Saturday to back his nominee to oversee mortgage financiers Fannie Mae and ...

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Federal Deficit Shrinking Faster Than Expected

The Wall Street Journal | Posted 05.10.2013 | Politics

Read More: Freddie Mac, Debt Ceiling, Deficit, Budget Debate, John Boehner, Deficit Shrinking, Paul Ryan, Fannie Mae, Politics News

Rising government revenue from tax collections and bailout paybacks are shrinking the federal deficit faster than expected, delaying the point when th...

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Dr. Jill Stein on Politics, Local Food and Doing Push-Ups in Jail (VIDEO)

Joanne Spataro | Posted 05.09.2013 | Politics

Read More: Jill Stein, Politics, Creative Loafing, Local Food, 2012 Election, Fannie Mae, Green Party, North Carolina, Video, Politics News

There are not many former presidential candidates that you can kick back with and share a bowl of blueberries.

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FHFA Offers New Simplified Loan Modification

Anna Cuevas | Posted 05.06.2013 | Business

Read More: Fannie Mae, Freddie Mac, Loan Modifications, Fhfa, Business News

Making it easier for homeowners to reduce their monthly mortgage payment and keep their homes is always favorable; however, providing homeowners with an incentive to fall behind on their payments could be an unfavorable strategy for both taxpayers and homeowners.

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America's Half-Forgotten Housing Crisis

David Coates | Posted 05.06.2013 | Politics

Read More: Foreclosures, Mel Watts, Public Housing, Housing Benefit, Fannie Mae, Edward Demarco, Housing Crisis, Gses, Fhfa, Mortgages, Freddie Mac, Homelessness, Black Wealth, Aarp, Credit Scores, Short Sales, Negative Equity, Rents, Politics News

On the housing front, the good news is that the president wants Mel Watt to head the FHFA. The really bad news is that the problems in the U.S. housing system are currently so entrenched that, even if he is confirmed, Mel Watt will be hard-pressed to resolve them.

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Obama Pick Gets Some Republican Support

HuffingtonPost.com | Shahien Nasiripour | Posted 05.02.2013 | Business

Read More: Elizabeth Warren, Freddie Mac, Mel Watt Republicans, Fannie Mae, Edward Demarco, Federal Housing Finance Agency, Mel-Watt-Fhfa, Housing-Crisis, Mel Watt, Obama Fhfa, Fhfa, Ed DeMarco, Business News

BOSTON -- The White House, long bedeviled by shortcomings in its housing programs, received two boosts Wednesday when its pick to lead a key housing a...

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Obama To Nominate Longtime Congressman For Key Job

HuffingtonPost.com | Shahien Nasiripour | Posted 05.02.2013 | Business

BOSTON -- President Barack Obama will nominate Mel Watt, a longtime Democratic congressman from North Carolina, to oversee government-controlled mortg...

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What Is the True Cost of Government-Backed Credit?

Deborah Lucas | Posted 04.22.2013 | Politics

The government has a first-order effect on the allocation of capital and risk in the economy. And the question of what those commitments cost the public is important.

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The Most Epic 'I Hate My Job' Rant Ever

James Altucher | Posted 04.18.2013 | Small Business

Read More: Fannie Mae, Why Do People Hate Their Jobs, Hate-My-Job, Ira, Small Business News

I limped out of the meeting and said, "excuse me", and took the elevator down 67 stories, went to Grand Central, limped home, and never went back to work at that job.

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Saving Fannie Mae and Freddie Mac

Harlan Green | Posted 04.10.2013 | Business

Their argument has been that Fannie and Freddie are taking business away from private banking. They have claimed that the "implicit" government guarantee against default of the GSEs has given them a profit edge. But without Fannie and Freddie, there would be no viable housing market.

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This Company's Record Profits Might Make You Sick

AP | MARCY GORDON | Posted 04.02.2013 | Business

Read More: Mortgages, Housing Market, Foreclosure Crisis, Freddie Mac, Mortgage Crisis, Fannie Mae, Fannie Mae Freddie Mac Bailout, Dividends, Fannie Mae Profits, US Treasury, Housing Crisis, Fannie Mae Profit, Business News

WASHINGTON — Home prices are up. Foreclosures are down. Construction is up. And now comes the latest sign of the U.S. home market's revival: Fan...

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Guess Who's Not Enforcing Consumer Protection Laws

HuffingtonPost.com | Ben Hallman | Posted 03.26.2013 | Business

Fannie Mae, Freddie Mac and the federal agency that oversees them all are failing in their responsibility to protect homeowners from abusive bank prac...

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Shocking New Failure Allows Mortgage Abuses To Keep Happening

HuffingtonPost.com | Ben Hallman | Posted 03.21.2013 | Business

NEW YORK -- For more than five years, many homeowners who complained about mortgage industry foreclosure abuses have wondered whether anyone with a fi...

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'Dump DeMarco' Housing Protestors Interrupt (and Get Evicted From) House Hearing

Tracy Van Slyke | Posted 03.20.2013 | Politics

Read More: Fhfa, Principal Reduction, Freddie Mac, Economic Crisis, President Obama, Mortgage Crisis, Fannie Mae, Underwater Homeowners, Ed DeMarco, Underwater Mortgages, Politics News

Ed DeMarco's continued ideological opposition to principal reduction -- also known as resetting mortgages to fair market value -- has made him widely known one of the biggest obstacles to our country's economic progress.

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Controversial Regulator Tells Congress To Stop Helping Mortgage Market

Reuters | Posted 03.19.2013 | Business

WASHINGTON, March 19 (Reuters) - The regulator of housing finance giants Fannie Mae and Freddie Mac told lawmakers they need to red...

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Housing Director's Actions 'Inexplicable'

HuffingtonPost.com | Ben Hallman | Posted 03.18.2013 | Business

Massachusetts Attorney General Martha Coakley has run out of patience with the nation's top housing official. On Monday, after more than a year sp...

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How the Federal Housing Finance Agency Blocked Planned Savings of Hundreds of Millions of Dollars

Jeryl Brunner | Posted 05.13.2013 | Politics

Read More: Federal Housing Finance Agency, Fannie Mae, Maxine Waters, Lender-Placed-Insurance, Fhfa, Forced Place Insurance, Politics News

The FHFA's decision preserves unfair practices in the mortgage servicing and insurance industries. It means the new approach and lower rates will not be implemented and therefore the status quo will continue.

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Open Letter to D.C. Youth

Urban Alliance | Posted 04.29.2013 | Impact

Stressed about my future, my friend who was a senior at the time told me that he was interning at the World Bank with a program called Urban Alliance (UA).

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Obama Urged To Replace DeMarco, Help Underwater Borrowers

HuffingtonPost.com | Eleazar David Melendez | Posted 02.07.2013 | Business

Read More: Principal Reduction, Mortgages, Foreclosure Crisis, Housing Market, Freddie Mac, Mortgage Crisis, Fannie Mae, Foreclosure, Fhfa, Barack Obama, Housing Crisis, Business News

Members of the House of Representatives urged Obama Thursday to appoint a permanent leader of the Federal Housing Finance Agency (FHFA) who will suppo...

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Shame on You, Goldman Sachs. Now Here's Your Bonus

Robert Scheer | Posted 04.02.2013 | Business

Read More: Robert Scheer, Freddie Mac, Goldman Sachs, Money, Clinton, Economy, Lloyd Blankfein, Democrats, Fannie Mae, Freddie Mac Fannie Mae, Government, History, Bailout, Barack Obama, Wall Street, Republicans, Banks, Bank Bailout, Business News

In the end, it doesn't matter whether these folks are Democrats or Republicans, nor whether they are operating at the highest levels of government or banking -- they take care of their own.

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WATCH: This Detroiter Took On The Banks And Saved Her Home

HuffingtonPost.com | David Sands | Posted 01.26.2013 | Detroit

It took a village -- not to mention a vigil -- to save the home of Jennifer Britt. Facing eviction was the latest in a string of catastrophes to be...

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