Fannie Mae - Last 30 Days |
cnbc.com - 18 days ago
—
cnbc.com —
Stocks are overvalued and the US economy is
likely to fall back into a recession next year,...
well-known analyst Meredith Whitney told CNBC. "I haven't been this bearish in a year," she said in a live interview. "I look at the board and every single ...
(more)
Stocks Overvalued, Recession Will Return: Meredith Whitney
Comments
vote down
Mish's Global Economic Trend Analysis
found this 18 days agofound this
calculatedriskblog.com - 29 days ago
—
calculatedriskblog.com —
Press Release: Fannie Mae Reports Third-Quarter 2009 Results
Fannie Mae (FNM/NYSE) reported a net loss of $18.9...
billion in the third quarter of 2009 , compared with a loss of $14.8 billion in the second quarter of 2009. ... Third-quarter results were ...
(more)
Fannie Mae: $18.9 Billion Loss, Requests Another $15 Billion
|
Fannie Mae Latest Blog Posts |
brontecapital.blogspot.com - 29 days ago
—
brontecapital.blogspot.com —
There have been some mathematical corrections to this
post discussed in the comments. My pencil notes had...
the numbers right. By the time I got to writing it out errors had entered. Sorry. Fannie Mae just put out awful looking results based primarily ...
(more)
Fannie Mae’s results – oh, and what if Bank ...
washingtonpost.com - 28 days ago
—
washingtonpost.com —
Comments that include profanity or personal attacks or
other inappropriate comments or material will be removed from...
the site. Additionally, entries that are unsigned or contain "signatures" by someone other than the actual author will be removed. ...
(more)
Hit by huge loss, Fannie Mae seeks more federal aid
ritholtz.com - 27 days ago
—
ritholtz.com —
Due to an unexpected outbreak of rationality and
perhaps embarrassment, the Treasury department has rejected requests of...
Goldman Sachs and Berkshire Hathaway to purchase Tax Credits from Fannie Mae. This paper transaction would have provided ...
(more)
Treasury DKs Goldman/Fannie/BRK Tax Credit Scam
online.wsj.com - 27 days ago
—
online.wsj.com —
NICK TIMIRAOS Freddie Mac said it didn't need
any additional federal aid for the second straight quarter...
as it reported a loss of $6.3 billion for the third quarter on Friday. But the company said it expected to ask for more handouts from the U.S. ...
(more)
Freddie to Request Further Handouts
calculatedriskblog.com - 23 days ago
—
calculatedriskblog.com —
Yesterday I posted some excerpt from Freddie Mac's
10-Q: We believe that several of our mortgage insurance...
counterparties are at risk of falling out of compliance with regulatory capital requirements, which may result in regulatory actions that could ...
(more)
Fannie, Freddie, Counterparty Risk and More
minyanville.com - 17 days ago
—
minyanville.com —
To help the auto industry, taxpayers were subsidizing
the price of autos through the Cash for Clunkers...
program and thus were creating artificial demand. The housing market, the epicenter of this crisis, is propped up from different directions. On one ...
(more)
Our Economy Is on Steroids
abcnews.go.com - 30 days ago
—
abcnews.go.com —
Thousands of borrowers on the verge of foreclosure
will soon have the option of renting their homes...
from Fannie Mae, under a policy announced Thursday. The government-controlled company, through its new "Deed for Lease" program, will allow borrowers ...
(more)
Fannie Mae to Rent out Homes Instead Foreclosing
hf-implode.com - 14 days ago
—
hf-implode.com —
"A new federal program to support state and
local housing finance agencies is expected to involve more...
than $29 billion in government support, Fannie Mae and Freddie Mac disclosed Thursday."
(more)
New fed housing program involves $29B in financing
hf-implode.com - 6 days ago
—
hf-implode.com —
"The Federal Reserve’s mortgage-backed securities purchase program, the
first-time homebuyer tax credit and higher Fannie Mae loan...
limits along with record low home prices, have created a tremendous real estate market. All of these programs were set to expire soon, but for fear that their ...
(more)
Incentives for home ownership extended and expanded
hf-implode.com - 15 days ago
—
hf-implode.com —
If and when the Federal Reserve moves out
of the mortgage backed securities field -a move expected...
in the first quarter of 2010-, will private investors step in? Well, why should they? What profit can they expect to reap? US housing prices have been kept artificially high for at least the past ...
(more)
Risk versus the US dollar
vsinvestor.com - 29 days ago
—
vsinvestor.com —
Fannie Mae (NYSE:FNM) “broke the buck” in pre-market
trading this morning after it recorded a net loss...
of $18.9 billion for the third quarter of 2009. Including $883 million in dividends on the senior preferred stock, the net loss ...
(more)
Fannie Busting the Buck… (FNM, FRE)
baselinescenario.com - 29 days ago
—
baselinescenario.com —
Via Yves Smith , John Hempton analyzes the
quarterly results of Bank of America (so-so) and Fannie...
Mae (terrible). The underlying issue is that bank quarter-to-quarter results are largely driven by the amount of provisions they take against future loan losses. You can think of this as a very ...
(more)
Accounting at B of A and Fannie
news.yahoo.com - 28 days ago
—
news.yahoo.com —
AP - Thousands of borrowers on the verge
of foreclosure will soon have the option of renting...
their homes from Fannie Mae, under a policy announced Thursday.
(more)
Fannie Mae to rent out homes instead foreclosing
(AP)
hf-implode.com - 27 days ago
—
hf-implode.com —
"Although a new foreclosure alternative program announced Thursday
by Fannie Mae (FNM: 1.04 -7.14%) presents a new...
step in mitigating foreclosure risk among distressed borrowers, it looks to have only a “marginal” effect on prepayments within Fannie residential mortgage-backed securities (RMBS), ...
(more)
BarCap Sees ‘Limited Use’ of Fannie’s Deed-for-Lease Program
hf-implode.com - 27 days ago
—
hf-implode.com —
Fannie Mae’s request to sell $2.6 billion in
low-income housing tax credits would be a bad deal...
for taxpayers and won’t be allowed, the U.S. Treasury said. The government decided the deal would cost taxpayers more than Fannie Mae would gain from the sale, according to a letter sent to the ...
(more)
Fannie Mae’s Sale of Tax Credits Is A Bad Deal, Treasury ...
hf-implode.com - 25 days ago
—
hf-implode.com —
" The US Treasury Department is denying the
request of mortgage giant Fannie Mae to transfer half...
of the equity interests in its low-income housing tax credit (LIHTC) investments to unrelated third-party investors."
(more)
Treasury Denies Fannie’s Request to Transfer Housing Tax ...
pheedcontent.com - 25 days ago
—
pheedcontent.com —
By the transitive property , yes: The prospect
of Goldman Sachs benefiting from Fannie Mae's tax credits...
was politically unpalatable, said Paul Miller, a bank analyst with FBR Capital Markets in Arlington, Virginia "Every politician on Capitol ...
(more)
Does Congress Hate God?
news.yahoo.com - 25 days ago
—
news.yahoo.com —
AP - Fannie Mae said Monday it may
have to ask the government for more financial assistance...
because the company cannot sell $5.2 billion in tax credits.
(more)
Tax credit decision could cost $5.2 billion
(AP)
