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From NPR this AM.
Freddie Mac Betting Against Struggling Homeowners : NPR
Billions bet in the derivative "market" AGAINST the likelihood of homeowner bailouts.
Give you upside down mortgage holders a warm fuzzy?
Started by thruthefence on
, 13 posts
by 11 people.
Answer Snippets (Read the full thread at practicalmachinist):
Some executive at ....
Lemme guess...
Freddie Mac is trying to stay afloat this.
That's quite a conundrum.
I wonder what Fannie/Freddie will do when Obama unveils his "October, just about blew a gasket.
Still hasn't been reinstated.
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Fannie and Freddie phase-out plan due
By Ben Rooney, staff reporterFebruary 9, 2011: 8:20 AM ET
NEW YORK (CNNMoney) -- The Obama administration will issue a proposal later this week recommending the gradual elimination of government-sponsored mortgage...
Started by coyotes_geek on
, 24 posts
by 5 people.
Answer Snippets (Read the full thread at spurstalk):
Running a government program like a private corporation....
Fannie's Scandalized, Freddie's Dead -- and the Next Financial Meltdown May Have Already Started: Privatization, not big government, ruined Fannie Mae and Freddie Mac.
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Fannie, Freddie writedowns too costly: regulator Push coming to shove?
>WASHINGTON (Reuters) - The regulator for Fannie Mae (OTC BB:FNMA.OB - News) and Freddie Mac (OTC BB:FMCC.OB - News) told lawmakers that forcing the two mortgage firms to write ...
Started by Dolemite on
, 11 posts
by 7 people.
Answer Snippets (Read the full thread at shaggybevo):
I deal with fannie, freddie coming to shove?
>WASHINGTON (Reuters) - The regulator for Fannie Mae (OTC BB:FNMA.OB - News) and Freddie Mac (OTC BB:FMCC....
Kind of a "deal fatigue" i guess.
The principal reduced on the note.
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Ask your Facebook Friends
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About fucking time.
http://money.cnn.com/2011/12/16/news...eref=aol&flv=1
Quote: : SEC charges former execs of Fannie, Freddie
By Aaron Smith @CNNMoney December 16, 2011: 12:01 PM ET
The Securities and Exchange Commission charged Daniel Mudd, former chief...
Started by Demiurge on
, 21 posts
by 15 people.
Answer Snippets (Read the full thread at wordforge):
Confused the SEC with the SEC and wondered why LSU, Auburn and 'Bama are messing with Freddie's Fannie when.
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So it turns out that Romney has invested $500,000 in the very organization that he blasts Newt for being associated with!
http://www.ajc.com/news/nation-world...n-1313843.html
Started by Mechanicaldawg on
, 21 posts
by 13 people.
Answer Snippets (Read the full thread at gon):
Newt took payments of $1.6 see Romney loaned Fannie Mae....
Was beign invested in freddie/fannie then who would want him as president? If his eye Fannie Mae and Freddie Mac $500,000 as capital for the mortgage industry.
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The GSEs' contributions to the financial crisis were pervasive.
In 1991 community groups told Congress that Fannie and Freddie's conservative underwriting standards (such as a down payment) were standing in the way of liberalized underwriting by lenders...
Started by Governor on
, 5 posts
by 5 people.
Answer Snippets (Read the full thread at morningstar):
Fannie's ....
In a private by lenders.
In 1991 community groups told Congress that Fannie and Freddie's conservative and fulfilled by Fannie, Freddie, Countrywide, and many of the nation's largest banks.
Were pervasive.
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Not sure if there's much demand for an investment topic. Gold is still going up since we discussed it some time back.
Currently I'm wondering about Fannie Mae or Freddie Mac, as a contrarian bid. They suck balls in terms of performance and their share...
Started by by Neal Anderth on
, 5 posts
by 2 people.
Answer Snippets (Read the full thread at redscape):
Well Fannie is at....
I agree with you that they should.
Fannie and Freddie may still just be shut down.
Once they do, they will hugely benefit.
The gov't would close down fannie and freddie if they could figure out how.
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Hello,
We're working with a local reporter who is interested in talking to people who have recently bought or toured a Fannie Mae or Freddie Mac home. We've seen and heard that these homes are looking pretty nice and getting a bit of a makeover before...
Started by rachel-musiker on
, 10 posts
by 8 people.
Answer Snippets (Read the full thread at redfin):
I agree, I went to a luncheon that included fannie/freddie reps and they ARE trying to do more in terms lipstick on a pig, but it's still a pig" comes to mind when it comes to many Fannie Mae / Freddie Mac Fannie &....
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Hello,
We've seen and heard lately that Fannie and Freddie foreclosures have been loooking pretty nice and getting some small improvements like new floors, appliances, and a fresh coat of paint before hitting the market. Have you toured or even purchased...
Started by rachel-musiker on
, 4 posts
by 3 people.
Answer Snippets (Read the full thread at redfin):
Freddie Mac REO townhouse.
Rachel Musiker | PR Specialist | Redfin Just bought one .
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Republican presidential candidate Mitt Romney has criticized rival Newt Gingrich for earning more than $1.6 million in consulting fees from Freddie Mac even though he had invested as much as $500,000 in the U.S.-backed lender and its sister entity, Fannie...
Started by PanAM on
, 4 posts
by 4 people.
Answer Snippets (Read the full thread at tribtalk):
They all suck soHow many tens of....
Mutual took a big chunk of money out for "consulting" to the FANNIE and FREDDIE management.
Of money out for "consulting" to the FANNIE and FREDDIE management.
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