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Does anyone have experience buying bank owned properties from Fannie Mae or Freddie Mac?
Started by on , 2 posts by 2 people.  
Answer Snippets (Read the full thread at redfin):
No, but i would keep an eye on the eaton vs fannie mae case in court before you purchase~.
Http://washingtonexaminer.com/opinion/columnists/2011/11/conn-carroll-facts-show-fannie-freddie-led-mortgage-market-collapse
Started by on , 3 posts by 3 people.  
Damn them for forcing Jimmy Carter to push the Community Reinvestment act mortgages, which of course were made possible by the continued efforts of Fannie, Freddie.
Team of Fannie and Freddie.
Http://blog.heritage.org/2012/04/20/...re-eliminated/ Quick Hits: One in seven Americans 45 million people received food stamps in 2011, according to the Congressional Budget Office. Thats a 70% increase from 2007 that is only expected to grow. The ...
Started by on , 20 posts by 11 people.  
In a nutshell, his plan calls for lowering Fannie Mae and Freddie Mac.
Designed to "unwind" Fannie Mae and Freddie Mac -- effectively ending the housing market's reliance on government guarantees.
Ask your Facebook Friends
Fannie Mae, Sallie Mae, Freddie Mac, Farmer Mac... Who came up with these ridiculous names, and why? I know that they are some how derived from the acronyms, but why pick cutesy names like that? We don't call the IRS "Irene Smith," do we?
Started by on , 1 posts by 1 people.  
Answer Snippets (Read the full thread at yahoo):
Imagine that Fannie Mae and Freddie Mac hadn't gone bankrupt, and hadn't touched off one of the most catastrophic financial crises in American history; that it hadn't been a "job shop for connected Democrats"; that it hadn't been protected from audits...
Started by on , 1 posts by 1 people.  
Answer Snippets (Read the full thread at quote):
Lou's Adventures in Real Estate Hell (aka, why Freddie Mac & Fannie Mae suck ass) I will say this up front - I can't make this post short. If you're not into reading long posts, move along, 'cause this might (and most likely will) get ugly and there'll...
Started by on , 12 posts by 6 people.  
I only know them from the initial purchase end, but I can tell you this: most of the time with fannie/freddie, did you purchase the house....
Of the internal financials of fannie/freddie, especially in your situation (refinance).
Fannie/Freddie Prin Reduction DeMarco Reneges On Announcing Write-Down Decision 4/20/12 - Edward DeMarco, the acting director of the Federal Housing Finance Agency (FHFA), has changed his mind about offering a definitive answer on whether his agency would...
Started by on , 2 posts by 1 people.  
The Congressmen obtained documents....
5/01/12 - The federal housing overseer for Fannie Mae and Freddie Mac shot back at lawmakers on Tuesday in their homes, save Fannie and Freddie money and help bolster the broader housing market.
Shut Down Fannie Mae and Freddie Mac, says James Boswell, Award-Winning Public Risk Manager and Author of Crush Depth Alert Released on: May 25, 2010, 04:44 am Author: Fourth Lloyd Productions, LLC Industry: Financial, Real Estate, Government Burgess,...
Started by on , 1 posts by 1 people.  
Anyone own any of these things? Which ones? What is your current thinking?
Started by on , 3 posts by 3 people.  
Too high (we were paying 1% of par from what i recall) i own a small amount of the freddie preferred.
Watch the news on this one, it's serious because the number are so huge. This is in the Trillions of dollars, thousands of Billions. -RourkeRF
Started by on , 3 posts by 3 people.  
Yeah, the historical problem of aiming....
Too bad they're gonna take us all with 'em...
Too bad they're gonna take us all with 'em...
Nothin' says hurtin' more than rich folk gettin' hosed...
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