March 2 (Reuters) - Mortgage servicer Ocwen Financial Corp said it would sell residential mortgage servicing rights on $45 billion of Fannie Mae loans to an undisclosed buyer, sending its shares up...
unintended consequence that has again put our financial system at risk. In the years leading up to the financial crisis, Fannie Mae , Freddie Mac, and the Federal Housing Authority (FHA) were continuously pressed to outright relax underwriting standards
* Firm will make smallest dividend payment to taxpayers since 2010
WASHINGTON, Feb 20 (Reuters) - Government-controlled mortgage finance firm Fannie Mae said on Friday it will pay U.S. taxpayers $1.9 billion after posting a quarterly profit.
first quarter of 2015, payments from Freddie Mac and Fannie Mae were about $30 billion less than a year ago because of ..... for both years excluding those one-time Freddie and Fannie payments discussed above. And about half of that growth
NEW YORK, Feb 12 (Reuters) - Hedge fund titan William Ackman said on Thursday that U.S. mortgage financing giants Fannie Mae and Freddie Mac are a bet he likes a lot.
Federal National Mortgage Association ( Fannie Mae ) or the Federal Home Loan Mortgage ..... payments on time. Those issued by Fannie Mae or Freddie Mac technically carry ..... MBSs not backed by Ginnie Mae, Fannie Mae , or Freddie Mac are sometimes referred
been working to alleviate home buyers’ restricted access to credit. For example, government-sponsored enterprises Fannie Mae and Freddie Mac recently announced plans to guarantee mortgages with down payments of as little as 3% of the purchase
WASHINGTON, Feb 4 (Reuters) - The top U.S. regulator of Fannie Mae and Freddie Mac on Wednesday played down the likelihood of reducing the loan size of homeowners still under water, saying such a...
WASHINGTON, Feb 4 (Reuters) - The top U.S. regulator of Fannie Mae and Freddie Mac on Wednesday played down the likelihood of reducing the size of loans of homeowners still under water, saying such a...