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Freddie Mac and Fannie Mae, the mortgage-finance companies under federal control, are extending by one month a freeze on evictions for homeowners in foreclosure as delinquencies soar in a slumping economy. Freddie, the second-largest source of U.S. home...
Tags: Freddie Mac, Exxon Mobil Corp., Fannie Mae
Goldfarb Washington Post Staff Writer Friday, January 23, 2009; 11:46 AM Fannie Mae , the District mortgage giant taken over by the federal government last year, is laying off several hundred employees locally as it reorients itself to focusing on preventing...
Tags: fannie mae, foreclosure, mortgage, AM Fannie Mae, layoffs
Mortgage finance company Fannie Mae said Tuesday that it has adopted a policy allowing renters to remain in their homes even if their landlord enters foreclosure. The policy will allow residents of about 4,000 properties to sign new leases with Fannie...
Tags: Fannie Mae, allow renters, policy allow, enters foreclosure, finance company, mortgage finance, company fannie, landlord enters, allow residents
Mortgage giants Fannie Mae and Freddie Mac will extend the suspension of foreclosure sales and evictions from single-family homes through the end of January. The companies had suspended foreclosures through the holidays, but were expected to resume proceedings...
Tags: Freddie Mac, Fannie Mae, mortgage giants, Fannie Freddie, suspended foreclosures, foreclosures sales, giants fannie, extend suspensions, resume proceedings, wholesale inventories
Treasury Secretary Henry Paulson said Wednesday that allowing mortgage giants Fannie Mae and Freddie Mac to return to their old operating ways is not an option.Congress and the next administration must decide the proper role government should play in...
Tags: Henry Paulson, Fannie Mae, Freddie Mac, Intel Corp., treasury secretary, paulson says, Treasury Department, mortgage giants, secretary henry, revenue projected
Redemption Amount Type Rate Date Date $50,000,000 MTN 3.000% Oct. 15, 2010 3136F9FG3 Jan. 15, 2009 Fannie Mae exists to expand affordable housing and bring global capital to local communities in order to serve the U.S. housing market. Fannie Mae has...
Tags: mortgage market, Fannie Mae
The Federal Reserve Bank of New York said Monday it has begun purchasing mortgage-backed securities in an effort to bolster the battered housing market. The program, initially announced Nov. 25, allows the Fed to spend $500 billion to buy mortgage-backed...
Tags: purchasing mortgage, Federal Home Loan Banks, Freddie Mac, Fannie Mae, backed securities, NY Fed, buy mortgage, N.Y. Fed
appointed nine new directors to Fannie Mae's board, bringing the total number of directors to ten. The appointments were made in consultation with Fannie Mae Non-Executive Chairman Philip A. Laskawy, who was appointed to his position in September, 2008....
Tags: Fannie Mae
Widespread complaints of problems with inflated appraisals and their impact on the nation's housing market led New York Attorney General Cuomo to reach an initial pact in March with Fannie and Freddie on a plan to reform the troubled industry. The original...
Tags: Fannie Mae, Freddie Mac, attorney general, Andrew Cuomo, york attorney
Plans by Fannie Mae and Freddie Mac to suspend foreclosure sales have yet to have an impact on the number of filings for homes in Bexar County. According to the latest report by Addison, Texas-based Foreclosure Listing Service Inc. (FLS), a total of 1,081...
Tags: Central Texas, Fannie Mae