fannie mae

Spanky and the Gang are at it again. Not content with previous shenanigians in manipulating and propping up homes prices, they're back at it again. Word is out that the Obama Administration, in conjunction with Freddie, Fannie, Treasury, Fed, FDIC, HUD and FHFA, is preparing programs to sell...

An important but fundamentally flawed debate about Fannie and Freddie's role in the ongoing crisis has raged since the SEC sued the former senior managers of both entities for securities fraud. The Wall Street Journal and Peter Wallison (in the WSJ) have claimed that the suit vindicates their...

Sixty Minutes' December 11, 2011 interview of President Obama included the following gem: KROFT: One of the things that surprised me the most about this poll is that 42%, when asked who your policies favor the most, 42% said Wall Street. Only 35% said average Americans. My suspicion is some of...

According to a recent Bloomberg Markets Magazine article, in the summer of 2008, former Treasury Secretary Hank Paulson tipped off a group of powerful hedge fund managers about a possible scenario where the government would place ailing mortgage GSE's Fannie Mae and Freddie Mac into conservatorship...

With a constitutional business potentially in default, food stamps on the rise, and a government controlled mortgage company posting losses, could the image of the common family be in jeopardy? Rather an end to the common family, here is why the common family is only redistributing itself....

The Supreme Court looks like it's ready to block a sex discrimination lawsuit against Wal-Mart (NYSE: WMT) on behalf of up to 1.6 million women. House Republicans announced a series of bills yesterday that would wind down Fannie Mae and Freddie Mac. A group of federal agencies announced that...

Okay I know it's a bit of a sensationalist headline, but if this Bloomberg article is right, it might be raining cats & dogs next. The embattled GSE's Fannie Mae and Freddie Mac may actually be profitable next year, despite the continued decline in housing. Graham Fisher & Co. Managing...

By: Stephanie Taylor Christensen Consumers aren't doing much home buying or selling. So why are they constantly looking at real estate online? According to media reports, 2010 was nothing but doom and gloom when it came to the real estate outlook. Sure, interest rates are at or near record lows,...

Banks could face another mortgage crisis, according to Barron's, if they are forced to buy back subprime, Alt-A and options adjusted home mortgage securities they've sold prior to the financial crisis, mostly as mortgage-backed securities. Already some buyers, like Fannie Mae (FNMA) and Freddie Mac...

Freddie Mac said today that the rate on a 30 year fixed morrtgage rose to 4.39%, the highest it's been since August. How does this help the lagging housing recovery if rates are continuing to climb? "Retail sales rose by nearly twice the consensus in October and represented the strongest gain...