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posted by iehi vote down flag
hf-implode.com - 21 days ago
Fannie Mae’s Sale of Tax Credits Is A Bad Deal, Treasury Says
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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 ...
online.wsj.com - 27 days ago
Goldman Looks to Buy Fannie Tax Credits
— online.wsj.com — WASHINGTON -- Goldman Sachs Group Inc. is in talks to buy millions of dollars of tax credits... from government-controlled mortgage giant Fannie Mae, but the potential deal is running into opposition from the U.S. Treasury, which could block the deal. A ... (more) Goldman Looks to Buy Fannie Tax Credits

Comments vote down FT Alphaville found this 27 days agofound this
alephblog.com - 27 days ago
Fannie + Goldman + US Treasury + Tax Credits = Complex Mess
— alephblog.com — In a prior job, I spent a decent amount of time on Affordable Housing tax credits .... The idea was to reduce my life insurance company client’s taxable income to the point where they would be close to but not subject to the corporate alternative minimum tax. Occasionally my work would ... (more) Fannie + Goldman + US Treasury + Tax Credits = Complex Mess

Comments vote down Alephblog Alephblog posted 27 days agoposted this
calculatedriskblog.com - 23 days ago
Fannie Mae: $18.9 Billion Loss, Requests Another $15 Billion
— 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

Comments vote down SCSUScholars found this 23 days agofound this
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