Fannie Freddie

Cramer on BloggingStocks: Recent moves finally address housing — Filed under: Exxon Mobil (XOM), Market matters, Citigroup Inc. (C), Centex Corp (CTX), Federal Natl Mtge (FNM), D.R.Horton (DHI), KB HOME (KBH), Lennar Corp’A’ (LEN), Toll Brothers (TOL), Economic data, Housing, Cramer on BloggingStocks From TheStreet.com Network What The Fed? Credit Card Con Banks May Burn Through TARP Quickly: Analyst TheStreet.com’s Jim Cramer says you just can’t be as negative as you were before the latest actions. It’s been right to be more than the average bear for months now. But if you believe that housing played some role in the downturn, then you have to believe that the... [Tags: centex, centex corp, citigroup inc, d r horton, data housing]

Fannie, Freddie halt foreclosures — Merry Christmas? Lending giants freeze 16k seizures through holiday season.... [Tags: christmas, fannie freddie, foreclosures, giants, holiday season]

A Festivus Miracle: No Fannie/Freddie Foreclosures! (Until January 9) — So, uh, the economy doesn’t seem to be doing much, uh, better. The S&P 500 is back down to 1997 levels. 1997! Everybody’s losing their jobs, if they still have jobs. Some are suggesting it will not even be a Merry Christmas, and that the real (Muslim) Jesus is sort of getting a kick out of all this. But do not worry, because some of you will evade foreclosure until January 9. Christmas is back! Fannie Mae & Freddie Mac, the stupidly named mortgage giants that were started by the government and released into the wild until they both fucked... [Tags: amp, christmas, economy, fannie freddie, fannie mae]

FDIC details plan to alter mortgages — Aid to Fannie, Freddie may top expectations as firm's health worsens.... [Tags: fannie freddie, fdic, health, mortgages]

Fannie, Freddie May Require Billions More In Assistance — The first of the Bush administration's major financial takeovers is poised to get more expensive as mounting troubles in the credit and housing markets have further undermined the health of Fannie Mae and Freddie Mac since the government seized them. The Treasury will likely be required to pump billions of dollars into the mortgage giants and the tab, some analysts say, could exceed the government's worst-case scenario, requiring more than the $200 billion that the government set aside for capital infusions into the two companies.... [Tags: billions of dollars, bush administration, capital infusions, fannie freddie, fannie mae]

Mark Winston Griffith: Fannie and Freddie Offer Thin Lifeline to Homeowners — Think of it this way. The American homeowner is underwater and drowning, and Fannie and Freddie have just thrown in a spool of thread to pull them out. At a time when it is increasingly obvious that the foreclosure crisis is poised to take down the entire economy, the feds are still relying on the same dithering, ass-covering coalition of mortgage lenders, investors and servicers -- the HOPE Now Alliance -- to advise them on how to address the foreclosure crisis. Fannie and Freddie announced on Tuesday that they came up with a "streamlined" approach to loan modifications that would... [Tags: american homeowner, fannie freddie, fdic, feds, financial crisis]

US lays out plan to ease mortages — 'Sweeping program' would assist homeowners with Fannie, Freddie mortgages.... [Tags: fannie freddie, mortgages]

Fannie, Freddie Unveil More Help For Homeowners — Fannie Mae and Freddie Mac have announced new plans to expand and accelerate their loan-modification programs. The changes could provide financial help to hundreds of thousands of homeowners who are having trouble keeping up with their payments. » E-Mail This     » Add to Del.icio.us... [Tags: e mail, fannie freddie, fannie mae, fannie mae and freddie mac, financial help]

Stocks Edge Off Lows on Fannie, Freddie News — News that the Federal Housing Finance Agency will work to refinance mortgages tied to the GSEs are helping stocks to shake off their worst lows of the day.... [Tags: fannie freddie, gses, housing finance agency, lows, mortgages]

Two Essential Fixes for Fannie, Freddie — As the government sets out to fix the problems at Fannie Mae and Freddie Mac, it must resolve the inherent conflict between shareholders and taxpayers and their undiversified business model.... [Tags: business model, fannie freddie, fannie mae, fannie mae and freddie mac, freddie mac]

Bernanke:  Washington Must Back Fannie, Freddie — ... [Tags: bernanke, fannie freddie]

No Hope for Fannie, Freddie Shareholders — Fannie Mae and Freddie Mac shareholders were wiped out when the federal government placed them into conservatorship last month and eliminated their dividend. Yet profits from the company are being skimmed to fund homeownership programs that some see as redundant.... [Tags: conservatorship, dividend, fannie freddie, fannie mae, fannie mae and freddie mac]

Fannie, Freddie Bailout Yet To Achieve Goals — Almost two months ago, the government sought to revive the nation's ailing mortgage sector by seizing Fannie Mae and Freddie Mac and pumping money into the home-loan market. But so far, the measures have yet to achieve their intended effect. Backed by taxpayers, the mortgage finance giants have spent billions in an attempt to push down loan rates and make it easier for people to borrow money to buy homes. But mortgage rates have gone up.... [Tags: bailout, billions, fannie freddie, fannie mae, fannie mae and freddie mac]

Financial meltdown blame game: Fannie/Freddie or derivatives? — The big political argument over the financial meltdown basically goes like this. Democrats point to the rise of incredibly complex financial instruments, in particular the species of derivatives called credit default swaps (CDSes), as ground zero for the disaster. Republicans prefer to point their fingers at Fannie Mae and Freddie Mac for making it too easy for people to get mortgages. It’s easy to see how these preferences arise. Democrats can argue that CDSes became a problem because the Republican Congress (with limited Democratic help) chose not to regulate them, in keeping with the party’s decades-long deregulation fever. Republicans can... [Tags: blame game, credit default swaps, factual background, fannie freddie, fannie mae]

McClatchy Bluntly Shoots Down Fannie/Freddie Myths — One gets so inured to the silly way of doing business in the media, where the obsessive need to "balance" the scales on any given topic has overwhelmed the need to actually assert that truth does tend to accrue to one side in a dispute of fact. That's why it's so heartening to see somebody, in this case, McClatchy Newspapers, writing ledes like this, in a story entitled, plainly, "Private sector loans, not Fannie or Freddie, triggered crisis": As the economy worsens and Election Day approaches, a conservative campaign that blames the global financial crisis on a government push to... [Tags: charles krauthammer, conservative campaign, david goldstein, e mail, fannie freddie]

White House overhauling rescue plan — Govt to partially nationalize banks, Fannie, Freddie... [Tags: banks, fannie freddie, white house]