news.yahoo.com - 1/2/2009
—
Reuters - Fannie Mae , the largest U.S. home funding company, believes that failed mortgage lender IndyMac has obligations to repurchase around $1 billion of home mortgages that failed to meet Fannie's standards, the Wall Street Journal said, citing people familiar with the situation.
Comments
Blog Reactions
Fannie says IndyMac has $1 bln in mortgage obligations: report
(Reuters)
Yahoo! News: Personal Finance News —
... Reuters - Fannie Mae , the largest U.S. home funding company, believes that failed mortgage lender IndyMac has obligations to repurchase around $1 billion of home mortgages that failed to meet Fannie's standards, the Wall Street Journal said, citing people familiar with the situation. ...
FDIC says it will sell IndyMac
(Reuters)
Newsback —
... ) Reuters - The Federal Deposit Insurance Corp, in a statement on its Website, says it signed a letter of intent to sell Indymac Federal bank operations to thrift holding company controlled by IMB Management Holdings LP. Read the full story here . ...
Related Content
Fannie, Freddie may tap U.S. Treasury for $51 bln
reuters.com 1/27/2009 — NEW YORK (Reuters) - Fannie Mae and Freddie Mac could tap the government for up to $51 billion in coming weeks, exceeding some Wall Street estimates, so they can continue to operate as the largest providers of funding for U.S. residential mortgages. ...
Fannie Mae's Last Stand
vanityfair.com 12/30/2008 — Many believe the government-backed mortgage giants known as Fannie Mae and Freddie Mac were major culprits in the economic meltdown. But, for decades, Fannie Mae had been under siege from powerful enemies, who resented its privileged status, its ...
Ex-Fannie Mae programmer says not guilty of virus
(Reuters)
tech.yahoo.com 2/2/2009 — Reuters - A 35-year-old computer programer pleaded not guilty on Friday to charges that he planted a computer virus designed to destroy all the data on 4,000 Fannie Mae computer servers the day he was fired from the company.
Fannie, Freddie plan to aid mortgage banks: report
(Reuters)
news.yahoo.com 10/7/2009 — Reuters - U.S. government-controlled mortgage finance companies Freddie Mac and Fannie Mae are working on a program to help independent mortgage banks get access to short-term credit needed to make home loans, the Wall Street Journal said, citing ...
Private Equity Firms Are Near Deal to Buy IndyMac
nytimes.com 12/29/2008 — The proposed deal is unusual because it is one of the first transactions involving unregulated private equity firms acquiring a majority stake in a bank holding company. >
Fannie Mortgage Bond Spreads Decline
calculatedrisk.blogspot.com 11/5/2008 — From Bloomberg: Fannie Mortgage-Bond Spreads Fall to Lowest in Almost Two Weeks (no link yet) Yields on Fannie Mae, Freddie Mac and Ginnie Mae mortgage bonds tumbled to the lowest in almost two weeks relative to U.S. government notes, potentially ...
Bank group slams lawmaker mortgage deal with Citi
(Reuters)
news.yahoo.com 1/9/2009 — Reuters - A top bank industry group said on Friday that it opposes an agreement between financial giant Citigroup Inc and Democratic senators that would rewrite U.S. bankruptcy law to help troubled mortgage borrowers avoid foreclosure.
Fed: Homeowner Mortgage Obligations Still Historically High
calculatedriskblog.com 9/26/2009 — The Federal Reserve released the Household Debt Service and Financial Obligations Ratios for Q2 today. NOTE from Fed: "The limitations of current sources of data make the calculation of the ratio especially difficult. The ideal data set for such a ...
Follow WallStreetBlips on Twitter
