Your Search Returned 281 tagged news reports
Banks borrowed slightly less from the Federal Reserve's emergency lending program over the past week, and reduced their use of other credit programs designed to ease the financial crisis. The Fed said Thursday that commercial banks averaged $20.8 billion...
Tags: Federal Reserve, previous week, Freddie Mac, commercial paper, Taiwan, Taipei, Economic history of the United States, the United States, Fannie Mae, Mortgage-backed security, Subprime mortgage crisis, Fixed income securities, Structured finance, Business Finance
Under the program, Treasury, along with mortgage financiers Fannie Mae and Freddie Mac , will buy bonds used by housing finance agencies to fund mortgages. Many of the state agencies received less than they had hoped for under the program. Overall, the...
Tags: Treasury Department, local agency, local housing, Virginia Housing Development Authority, Washington, Loan modification in the United States, American Recovery and Reinvestment Act, Subprime mortgage crisis, Fannie Mae, United States federal banking legislation, Business Finance, Social Issues
To President Obama, Nancy Pelosi, Harry Reid and all 535 voting members of the Legislature, It is now official you are ALL corrupt and not all that bright: The U.S. Post Service was established in 1775. You have...
Tags: US, pelosi, obama, reid, corrupt, postal service, social security, fannie mae, freddie mac, war, medicaid, medcare
After successfully lobbying for an extended and expanded home-buyer tax credit, the National Association of Realtors will focus its policy agenda in the months ahead on relief from a credit crunch in commercial real estate, among other issues. "The commercial...
Tags: Jerry Giovaniello, FHA, NAR, Congress, India, Banking, Mortgage, economics, FHA loan, Housing and Economic Recovery Act, Federal Housing Administration, Subprime mortgage crisis, Fannie Mae, Business Finance
The Federal National Mortgage Association — better known by its nickname Fannie Mae — recently announced a new tool intended to keep people facing foreclosure in their homes. Fannie Mae calls this program Deed-for-Lease, and it is sufficiently proud of...
Tags: Fannie Mae, facing foreclosure, FLYNN, Colorado Springs, Real property law, Personal finance, Mortgage loan, Foreclosure, Mortgage, Banking, Finance, Business Finance
WSJ Spins Discredited Claim that Programs for the Poor Caused Housing Crisis Posted by Staff, Media Matters for America at 2:03 PM on November 14, 2009. The idea that affordable housing initiatives were responsible for the crash is a widely discredited...
Tags: CRA, Poor Caused Housing Crisis, affordable housing, San Francisco, United States federal banking legislation, United States housing bubble, Fannie Mae, Government-sponsored enterprise, Government policies and the subprime mortgage crisis, Subprime mortgage crisis, Community Reinvestment Act, Community development
Federal Housing Administration Commissioner David Stevens says concerns that the agency is headed for the same financial trouble that snared Fannie Mae, Freddie Mac and the subprime sector are unwarranted. Stevens made the remarks during a speech at the...
Tags: FHA, David Stevens, San Diego, Subprime lending, Federal Housing Administration, Fannie Mae, Freddie Mac, Bailout, Personal finance, Mortgage, Subprime mortgage crisis, Business Finance
This will probably mean better options for borrowers who might otherwise have had to take out “jumbo” mortgages. Conforming loans meet all the guidelines of Fannie Mae and Freddie Mac, the government-controlled agencies that resell packages of loans...
Tags: conforming loans, Mr. Adamo, New York City, jumbo loans, jumbo mortgage, Mr. Rosenbaum, Fannie Mae, Freddie Mac, Mortgage-backed security, Super jumbo mortgage, Mortgage, Personal finance, Banking, Business Finance
Old National Bancorp President and CEO Bob Jones said Friday that he doesn't anticipate meaningful improvement in the economy -- such as jobs growth -- for a long time...It could take three or four years." "Yeah, we've hit the bottom. But we'll be there...
Tags: Bob Jones, old national, China, Shanghai, economics, Mortgage-backed security, Bailout, Inflation, Fannie Mae, Subprime mortgage crisis, Fixed income securities, Structured finance, Business Finance
The agency was set up in the depths of the Great Depression to sell cheap mortgage insurance to people, such as first-time buyers, who cannot rustle up a down-payment of more than 3 per cent. These days it is a supposedly self-financing outpost of the...
Tags: FHA, United Kingdom, London, Personal finance, Banking, Subprime lending, Fannie Mae, Freddie Mac, Business Finance, Subprime mortgage crisis, Affordable housing, Mortgage