Daylife Select
A point & click tool to create dynamic content portals. Learn More »
There is no pinned content in this Editor's Picks module.
Click here to learn more about content pinning.
US mortgage finance giant Freddie Mac said Friday it lost $US6.3 billion ($A6.91 billion) for shareholders in the third quarter but would not seek any additional bailout funds from the government. Full Article at The Age
A day after Fannie Mae said it would tap the Treasury Department for another $15 billion, Freddie Mac reported another quarterly loss but said it does not currently need more government aid. Full Article at New Mexico Business Weekly
Freddie Mac Default Asset Manager Sophie Guerra (C) speaks with homeowners Stevie (2nd L) and Ginny Stout (R) about a loan modification as Freddie Mac employees Robert Ragan (L) and Stacey Walker (3rd L) look on at the Housing Rescue Fair held as part o... View Photo »
Implications of the New Fannie Mae and Freddie Mac Risk-based Capital Standard
Happy paydays are here again. On Wall Street, at least. Compensation consultancy Johnson Associates last week forecast that Wall Street bonuses would rise 40% this year. Full Article at Crain's New York
Published: Sunday, November 8, 2009 Mortgages Rates for 30-year home loans dipped below 5 percent this week after rising for three straight weeks. Full Article at HeraldNet
The average rate fell to 4.98 percent from 5.03 percent a week earlier, mortgage company Freddie Mac said Thursday. Rates had hovered below 5 percent for nearly a month until inching upward recently. Full Article at San Francisco Chronicle
A couple listens as a representative from Freddie Mac talks to them about a loan modification for their home at the National Urban League's Economic Empowerment Tour in Dallas, Texas June 13, 2009. View Photo »
It's Fannie Mae and Freddie Mac all over again
WASHINGTON -- Oh, how the tables have turned. Nervous Democrats are on defense, and emboldened Republicans sense opportunity heading into 2010 and the midterm elections. Full Article at GoErie.com
Freddie Mac (NYSE:FRE - News; NYSE:FRE - News), the second largest provider of U.S. residential mortgage funding, on Friday posted a loss of $5 billion in the third quarter and predicted it would need more government support amid a "prolonged... Full Article at Rantburg
There are no results for this module. Edit this module to change the search term used to query Wikipedia
Freddie Mac Default Asset Manager Sophie Guerra (C) speaks with homeowners Stevie (2nd L) and Ginny Stout (R) about a loan modification as Freddie Mac employees Robert Ragan (L) and Stacey Walker (3rd L) look on at the Housing Rescue Fair held as part of the National Urban League's Econ...
View Photo »A couple listens as a representative from Freddie Mac talks to them about a loan modification for their home at the National Urban League's Economic Empowerment Tour in Dallas, Texas June 13, 2009.
View Photo »David Kellermann, acting chief financial officer of mortgage giant Freddie Mac, is pictured in this undated photograph, released on April 22, 2009. Kellermann was found dead on Wednesday in his suburban Virginia home, a Fairfax County police spokeswoman said.
View Photo »David Kellermann, acting chief financial officer of mortgage giant Freddie Mac, is pictured in this undated photograph, released on April 22, 2009. Kellermann was found dead on Wednesday in his suburban Virginia home, a Fairfax County police spokeswoman said.
View Photo »MCLEAN, VA - APRIL 22: The exterior view of Freddie Mac is seen April 22, 2009 in McLean, Virginia. David Kellermann, Acting Chief Financial Officer and Senior Vice President of Feddie Mac, was found dead by a family member in the morning hours in his house in Vienna, Virginia.
View Photo »MCLEAN, VA - APRIL 22: An exterior view of Freddie Mac headquarters is seen April 22, 2009 in McLean, Virginia.
View Photo »MCLEAN, VA - APRIL 22: The exterior view of Freddie Mac is seen April 22, 2009 in McLean, Virginia. David Kellermann, Acting Chief Financial Officer and Senior Vice President of Feddie Mac, was found dead by a family member in the morning hours in his house in Vienna, Virginia.
View Photo »MCLEAN, VA - APRIL 22: People walk toward the headquarters of Freddie Mac April 22, 2009 in McLean, Virginia. David Kellermann, Acting Chief Financial Officer and Senior Vice President of Freddie Mac, was found dead by a family member in the morning hours in his house in Vienna, Virginia.
View Photo »MCLEAN, VA - APRIL 22: People walk toward the headquarters of Freddie Mac April 22, 2009 in McLean, Virginia. David Kellermann, Acting Chief Financial Officer and Senior Vice President of Freddie Mac, was found dead by a family member in the morning hours in his house in Vienna, Virginia.
View Photo »MCLEAN, VA - APRIL 22: A man walks on the ground of Freddie Mac headquarters April 22, 2009 in McLean, Virginia.
View Photo »MCLEAN, VA - APRIL 22: The sign of Freddie Mac sits in front of its headquarters April 22, 2009 in McLean, Virginia.
View Photo »The headquarters of mortgage lender Freddie Mac is seen in Mclean, Virginia, near Washington in this September 8, 2008 file photo.
View Photo »People walk by a sign for Freddie Mac headquarters in this July 14, 2008 file photo in McLean, Virginia. CNN reported on April 22, 2009 that David Kellerman, controller for the troubled mortgage company Freddie Mac was found dead on April 22, 2009 in his Virginia home.
View Photo »Freddie Mac Chief Executive Officer John Koskinen, left, leads a line of bank chief executives as they leave the White House in Washington, Friday, March 27, 2009, following a meeting between chief executives and President Barack Obama.
View Photo »Freddie Mac Chief Executive Officer John Koskinen, left, leads a line of chief executives as they leave the White House in Washington, Friday, March 27, 2009, following a meeting between chief executives and President Barack Obama.
View Photo »WASHINGTON - MARCH 27: Freddie Mac CEO John Koskinen (L) answers reporters' questions outside the West Wing of the White House after he and 14 other bank heads met with President Barack Obama March 27, 2009 in Washington, DC.
View Photo »Freddie Mac's Chief Executive John Koskinen (R) listens to a question next to Wells Fargo Chief Executive John Stumpf (L) at the White House after a meeting about the economy with U.S. President Barack Obama in the State Dining Room in Washington, March 27, 2009.
View Photo »Freddie Mac Chief Executive Officer John Koskinen leaves the White House in Washington, Friday, March 27, 2009, following a meeting between chief executives and President Barack Obama.
View Photo »Freddie Mac's Chief Executive John Koskinen (R) listens to a question next to Wells Fargo Chief Executive John Stumpf at the White House after a meeting about the economy with U.S. President Barack Obama in the State Dining Room in Washington, March 27, 2009.
View Photo »Freddie Mac Chief Executive John Koskinen departs the White House after a meeting about the economy with U.S. President Barack Obama in the State Dining Room in Washington, March 27, 2009.
View Photo »John Koskinen, CEO of Freddie Mac, arrives at the White House in Washington,DC on March 27, 2009 for a meeting of the heads of the country's largest banks with US President Barack Obama.
View Photo »John Koskinen, CEO of Freddie Mac, arrives at the White House in Washington,DC on March 27, 2009 for a meeting of the heads of the country's largest banks with US President Barack Obama.
View Photo »WASHINGTON - MARCH 27: John Kosinen, iterim CEO of Freddie Mac, walks down the driveway at the White House on March 27, 2009 in Washington DC. President Obama is meeting with the CEOs of several of the largest banks in the country to talk about getting the economy back on track.
View Photo »WASHINGTON - MARCH 27: John Kosinen, iterim CEO of Freddie Mac, walks down the driveway at the White House on March 27, 2009 in Washington DC. President Obama is meeting with the CEOs of several of the largest banks in the country to talk about getting the economy back on track.
View Photo »The headquarters of mortgage lender Freddie Mac is seen in Mclean, Virginia, near Washington, in this September 8, 2008 file photo.
View Photo »A couple listens as a representative from Freddie Mac talks to them about a loan modification for their home at the National Urban League's Economic Empowerment Tour in Dallas, Texas June 13, 2009.
View Photo »Implications of the New Fannie Mae and Freddie Mac Risk-based Capital Standard
It's Fannie Mae and Freddie Mac all over again
Fannie Mae's sibling company, Freddie Mac , launched a similar effort in March. That policy, however, requires the foreclosure to be completed and only allows month-to-month leases.
Jim Marshall has voted to hand over $200 billion to the failed mortgage lenders Freddie Mac and Fannie Mae. Jim Marshall voted $700 billion of taxpayer money to failed Wall Street banks. Jim Marshall voted in favor of the Obama administration’s economic stimulus package – that cost taxpayers $600 billio...
A pullback by Fannie Mae and Freddie Mac in their multifamily activity outweighed increases in commercial and multifamily lending by life insurance companies and commercial banks, leading the overall index lower on a quarter-over-quarter basis. Every investor group and property type saw year-over-year d...
Given the lack of a private secondary mortgage market, FHA, Fannie Mae and Freddie Mac are pretty much the only game in town ... Extending the current loan limits through 2010 will allow more loans to qualify for these important programs and will help keep mortgage credit more accessible and affordable ...
For those who believe that those taxpayer losses would be recouped from surviving firms, I would direct their attention to the recent examples of GM, Chrysler, Fannie Mae, Freddie Mac and AIG
The Democrats’ talking points that their new proposal ends the era of too big to fail are just that talk ... Their proposal places taxpayers first in line to bear the losses when the government invokes its resolution authority. And for those who believe that those taxpayer losses will subsequently be re...
Those who believe the taxpayer losses would be recouped from the financial industry, I would direct them to Fannie Mae, Freddie Mac, and GMAC, where the prospects for full taxpayer repayments are fanciful
Interest rates for 30-year fixed mortgages have averaged just below 5 percent this year, which is the lowest 10-month average since the survey began in 1971 ... As a result, refinance activity has accounted for almost seven out of 10 mortgage applications on average this year, according to Freddie Mac's...
If Congress does not act, American taxpayers will continue to be exposed to the enormous risk that Fannie Mae and Freddie Mac pose to the housing market, the overall financial system and the economy as a whole.
These two entities—Fannie Mae and Freddie Mac—are not facing any kind of financial crisis
Fannie Mae, Freddie Mac, and Ginnie Mae now own or guarantee an overwhelming share of originations
To suggest somehow that [Fannie Mae and Freddie Mac] are in trouble is simply not accurate.
Bush's plan would be closely tied to some $440 million in minority loan programs offered by Fannie Mae and Freddie Mac. President Bush commended Fannie Mae and Freddie Mac's efforts.
Bush's plan would be closely tied to some $440 million in minority loan programs offered by Fannie Mae and Freddie Mac. President Bush commended Fannie Mae and Freddie Mac's efforts.
Please do not re-create Fannie Mae and Freddie Mac
FHFA supports this initiative and the important role Fannie Mae and Freddie Mac will play in implementing it
In our view, the only viable option to limit taxpayer expense and recapitalize Fannie Mae and Freddie Mac is to set up a Bad Fannie and Bad Freddie with the existing portfolios, and a new Fannie Mae and Freddie Mac as cooperatives of bank mortgage lenders, along the lines of the other GSEs
Fannie Mae and Freddie Mac today are acting as a direct arm of the federal government providing massive federal aid to support and revive the U.S. housing market in the midst of a crisis
Fannie Mae and Freddie Mac have been at the heart of the U.S. housing boom, bust and recovery ... As the mortgage market moves away from crisis mode, the future of the government-sponsored enterprises (GSEs) has to be addressed. In order for the GSEs to survive going forward, we believe they need to be ...
Under such an approach, the banks that originate an agency conforming loan would be required to retain 5% of the loan balance as an equity investment in either Fannie Mae or Freddie Mac ... Thus the new agencies would be recapitalized at a solid 5% level of the new expanded balance sheets.
In our view, the only viable option to limit taxpayer expense and recapitalize Fannie Mae and Freddie Mac is to set up a Bad Fannie and Bad Freddie with the existing portfolios, and a new Fannie Mae and Freddie Mac as cooperatives of bank mortgage lenders, along the lines of the other GSEs -- the Federa...
The people who bought debt in Fannie Mae and Freddie Mac can read a prospectus. They can read it. It says it is not guaranteed by the government. Anybody who can read a balance sheet knew that both of those companies were a sham and they had problems.
Fannie Mae and Freddie Mac – bailed out http://bit.ly/48xrw
- quintonprime 15 minutes ago
- kimberville
36 minutes ago
- slbren
38 minutes ago
Fannie Mae and Freddie Mac – bailed out http://snipurl.com/sm2er
- dongriogas57 43 minutes agoMortgage rates drop below 5 percent: Freddie Mac http://www.littleurl.net/69fd59 http://ff.im/-ba4nu
- StephenBSanders 46 minutes ago