accruedint.blogspot.com - 12/18/2008
—
Yields on U.S. Treasuries have fallen to levels once thought impossible, and we are now hearing the "B" word (bubble) used to describe these formerly staid securities. Just a few days ago I was resisting the bubble label, but with the 10-year dropping below 2.10%, its getting very hard to argue. ...
Comments on Housing Plan
calculatedriskblog.com 2/18/2009 — There are three parts to the plan. For each part, I'll provide the Obama administration overview ( from the WSJ ) and then add some comments ... my objections are to part #2. 1. Affordability: Provide Access to Low-Cost Refinancing for Responsible ...
Feds Re-Impose Loan Standards They Helped Undermine
realclearmarkets.com 2/18/2009 — When President Obama announces Washington’s new plan to help troubled mortgage-holders today, the betting is that the program will include a loan-modification effort that reduces the size of a besieged homeowner’s debt.
Fannie, Freddie Funding Needs May Pass $200 Billion, FHFA Says
bloomberg.com 2/10/2009 — Feb. 10 (Bloomberg) -- Fannie Mae and Freddie Mac , the mortgage-finance companies seized by regulators, may need more than the $200 billion in funding pledged by the U.S. government if the housing market continues to deteriorate, Federal Housing ...
Fannie, Freddie Funding Needs May Pass $200 Billion, FHFA Says
bloomberg.com 2/10/2009 — Feb. 10 (Bloomberg) -- Fannie Mae and Freddie Mac , the mortgage-finance companies seized by regulators, may need more than the $200 billion in funding pledged by the U.S. government if the housing market continues to deteriorate, Federal Housing ...
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, 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. ...
The Bubble Next Time
tbm.thebigmoney.com 3/3/2009 — The following was adapted From Dumb Money: How Our Greatest Financial Minds Bankrupted the Nation by Daniel Gross, published as an e-book by Simon & Schuster. (You can buy a digital version, for the Kindle or Sony Reader , ...
Is F.H.A. the Next Shoe to Drop?
dealbook.blogs.nytimes.com 10/8/2009 — First it was Fannie Mae and Freddie Mac. Now concern is growing that another government mortgage giant, the Federal Housing Administration, might teeter, just as the nation's housing market is stabilizing.
Police investigating death of Freddie Mac official
(AP)
news.yahoo.com 4/24/2009 — AP - The chief financial officer of Freddie Mac, one of the mortgage giants at the heart of the nation's financial meltdown, was found dead in his basement early Wednesday morning in what police said was an apparent suicide. David Kellermann, 41, ...