NEW YORK, July 23 (Reuters) - A federal judge on Wednesday said banks faced an uphill battle in convincing her to dismiss a U.S. regulator's claims that they misled Fannie Mae and Freddie Mac into buying mortgage-backed securities that later went sour.
WASHINGTON (Reuters) - U.S. housing finance companies Fannie Mae and Freddie Mac are making riskier deals as they increasingly purchase mortgages from smaller lenders, a federal watchdog said on Thursday.
WASHINGTON, July 17 (Reuters) - U.S. housing finance companies Fannie Mae and Freddie Mac are making riskier deals as they increasingly purchase mortgages from smaller lenders, a federal watchdog...
half ago it would have been unthinkable to invest in Fannie Mae (OTCMKTS: OTCQB:FNMA ) and Freddie Mac(OTCMKTS ..... s illegal seizure of assets is gaining steam. When Fannie Mae 's stock rose nearly 200% in March 2013, Steven Davidoff
the US stock market by investing in Philip Morris and Fannie Mae . Philip Morris made cigarettes and it was the most hated ..... a company, many investors avoided owning the stock. Fannie Mae facilitated the mortgage market in the US and was a Government
with securities fraud allegations leveled at him by the Securities and Exchange Commission for his prior CEO role at Fannie Mae and the subsequent loss of principal Robert Kauffman at the end of 2012 (at a cost of $180 million) were not confidence
time, $50 billion payment from Fannie Mae (related to a tax accounting issue ..... combined with the reduction of the Fannie Mae payment, would have meant the surplus ..... up 11%. Excluding the swing in Fannie Mae payments and smaller reserve adjustments
that the government will never again need to bail out Fannie Mae or Freddie Mac ( OTCQB:FMCC ). When more regulation ..... Housing Finance Agency (FHFA), the lead regulator of Fannie Mae and Freddie Mac, proposed new liquidity rules for mortgage
ESNT ), and NMI Holdings ( NMIH ). The revised PMIERs wold require higher capital standards on the mortgage insurers Fannie Mae ( OTCQB:FNMA ) and Freddie Mac ( OTCQB:FMCC ) do business with. The new rules are open for comment until September
Christopher DeMaria : [Originally published on 05/22/2014.] Fannie Mae ( OTCQB:FNMA ) and Freddie Mac ( OTCQB:FMCC ) have returned ..... but, in the end the costs were devastating to our economy. Fannie and Freddie Complete Story »