Fannie and Freddie Release Plan
WASHINGTON — The Trump administration has taken a long-awaited stance on how it envisions a future housing finance system, and it resembles legislative proposals enabling Ginnie Mae to back multiple … Read more
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Here They Go Again: Freddie & Fannie Are Hammering Taxpayers With Reckless Underwriting
The gatekeepers of the American mortgage market are increasingly backing loans to borrowers who have heavy debt loads, highlighting questions about mortgage risk as policy makers debate ways to change the system. … Read more
Fannie Mae declares support for DACA mortgage borrowers
via housingwire: While it appears that the Federal Housing Administration may not be backing mortgages for Deferred Action for Childhood Arrivals recipients, Fannie Mae declared recently that it supports (and will continue to support) mortgages for DACA … Read more
Free Fannie? Free Freddie? Those Are the $200 Billion Mortgage-Backer Questions
by confoundedinterest The Government Sponsored Enterprises (GSEs) Fannie Mae and Freddie were placed into conservatorship with their regulator back in 2008 after housing prices declined and mortgage defaults spiked. But since … Read more
Decade after housing crash, Fannie Mae and Freddie Mac are Uncle Sam’s cash cows
Fannie and Freddie 10 years later from CNBC. When the housing market began its epic and historic free-fall in 2008, mortgage giants Fannie Mae and Freddie Mac faced imminent collapse. … Read more
Fannie needs first U.S. bailout since 2012 after tax-cut loss
From Joe Light at Bloomberg: Fannie Mae will request an infusion of taxpayer money for the first time since 2012 because of an unintended but anticipated side effect of the corporate tax … Read more
Fannie Mae, the Goldman Goose that Keeps Laying Eggs
Why is Fannie Mae offering Goldman Sachs et al. such fat margins on defaulted mortgages? By Wildfry, currently in Hong Kong. Much of the attention on Fannie Mae has been … Read more
The Housing Crisis Isn't Over – The Intentional Destruction of Fannie Mae and Freddie Mac
by olesentv There’s a housing crisis in the United States. Even though it’s been almost 10 years since the housing meltdown that happened in 2008,, there is still massive distortion in … Read more
$100 Billion Dollar Bailout coming very soon for Fannie and Freddie. (October?)
Fannie and Freddie could need $100 billion bailout in next crisis, stress test finds Fannie Mae and Freddie Mac could need a taxpayer bailout of as much as $99.6 billion … Read more
Mortgage Crash Coming – Obama ILLEGALLY Robbed Fannie, Freddie to Fund Obamacare
Now we know why the US Senate has refused to confirm Dr. Ben Carson @ HUD. Obama diverted money from low-income housing to keep Obamacare alive. This could cause another … Read more