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Fannie Mae to rent out homes instead foreclosing (AP)
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.
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
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
Fannie, Freddie, Counterparty Risk and More
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
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IHB News 11-7-2009
Irvine Housing Blog — ... From Patrick.net Get Serious About Selling Your House: Lower The Price (nytimes.com) L.A.-area agents holding open mansions (latimes.com) Fannie Mae offers borrowers rental option instead of foreclosure (news.yahoo.com) Lobbyists Defeat America: Homedebtor Tax Credit Extension (housingwire.com) Irvine Home Address ... 3 PRIMAVERA Irvine, CA 92614 Resale Home Price ... $839,900 ...

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Fannie to ask for up to $16 Billion
calculatedriskblog.com 1/27/2009 — From the Fannie Mae 8-K SEC filing today: Fannie Mae (formally, the Federal National Mortgage Association) is in the process of preparing its financial statements for the fourth quarter of 2008 and the year ended December 31, 2008. Based on ...
Fannie Mae's Loss Risk Is Larger, Computer Models Show - The New York Times
nytimes.com 7/30/2009 — Fannie Mae, the giant mortgage finance company, faces much bigger losses from interest rate swings than it has publicly disclosed, according to computer models used by the company to estimate the value of its assets and debts. At the end of last year, ...
Is F.H.A. the Next Shoe to Drop?
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Fannie Mae board elevates Williams to CEO spot (AP)
news.yahoo.com 4/21/2009 — AP - Fannie Mae said Monday its board of directors tapped the company's chief operating officer, Michael J. Williams, to take over as chief executive of the mortgage finance company in the wake of the previous CEO's move to the Treasury Department.
Accounting at B of A and Fannie
baselinescenario.com 18 days ago — 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 ...
"Rescued by Fannie Mae?"
economistsview.typepad.com 10/14/2008 — Is Fannie the answer?: Rescued by Fannie Mae?, by By Susan E. Woodward, Commentary, Washington Post : The most important task of the Federal Reserve and the Treasury right now is to restore confidence in bank solvency -- hence the Treasury's ...
Fannie Mae to Loosen Rules for Home-Loan Refinancing (Update2)
bloomberg.com 2/5/2009 — Feb. 5 (Bloomberg) -- Fannie Mae , the mortgage-finance company under U.S. government control, will loosen rules for homeowners seeking to lower their loan payments by refinancing. Fannie Mae will drop some credit-score requirements, reduce ...
Fannie Mae seeks $10.7B in US aid after 2Q loss - Yahoo! Finance
finance.yahoo.com 8/6/2009 — WASHINGTON (AP) -- Fannie Mae plans to tap $11 billion in new government aid after posting another massive quarterly loss as the taxpayer bill from the housing market bust keeps growing. The mounting price tag for the rescue of Fannie and its ...
Fannie Loses $23 Billion, Prompting Even Bigger Bailout
washingtonpost.com 5/12/2009 — Chance of Repaying Taxpayers Is Slim By Zachary A. Goldfarb Washington Post Staff Writer Saturday, May 9, 2009 Fannie Mae reported yesterday that it lost $23.2 billion in the first three months of the year as mortgage defaults increasingly spread ...
Fannie Mae names Michael Williams CEO (Reuters)
news.yahoo.com 4/21/2009 — Reuters - Fannie Mae , the government-controlled U.S. home funding company, on Monday named Michael Williams as president and chief executive officer.
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