Highlights
A collection of news and information related to Fannie Mae published by this site and its partners.
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Firm that threw foreclosure costume party closing
BUFFALO, N.Y. (AP) — An embattled New York foreclosure law firm that was criticized for a Halloween party that mocked the homeless and was recently shunned by Fannie Mae and Freddie Mac will close. A statement issued Monday originally said Steven...Tags: Entertainment Events, Halloween, Freddie Mac
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Key House Republican praises Obama housing plan
WASHINGTON (AP) — The Obama administration's plan to gradually dissolve ailing housing giants Fannie Mae and Freddie Mac and to shrink the government's role in the mortgage market drew praise from House Republicans on Tuesday. The GOP chairman of...Tags: Finance, Economy, Business and Finance, Homes, Florida, Crime, Law and Justice
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JPMorgan must face lawsuit challenging mortgage fees
Reuters* Judge lets fraud, unjust enrichment claims go forward * Racketeering claims thrown out By Jonathan Stempel June 14 (Reuters) - JPMorgan Chase & Co must face a lawsuit accusing the largest U.S. bank of illegally imposing marked-up or unnecessary...Tags: Finance, Organized Crime, Economy, Business and Finance, Bank of America Corp., Crime, Law and Justice
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Larger homes are the next big thing, again
Homes are getting bigger again. About 483,000 single-family homes were built last year, and 41 percent of them had at least four bedrooms. Thirty percent of them had at least three bathrooms, and that's the highest percentage of homes with three or more...
Tags: Consumers, Federal Housing Administration
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S&P says municipal housing is stable despite uncertainties
ReutersJune 13 (Reuters) - U.S. municipal housing remains stable despite reduced federal support due to the countering force of a strengthening housing market, Standard & Poor's said on Thursday. The role of major mortgage financiers Fannie Mae and Freddie Mac...Tags: Stock Market, Standard & Poor's Financial Services LLC, Freddie Mac
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Refinancing into shorter mortgages appears to grow more popular
WASHINGTON — The refinancing boom may be cooling down, but the move to shorter mortgages — especially 10-year loans among pre-retirees — appears to be accelerating. Some community banks say 10-year mortgages, once an insignificant...Tags: Finance, Windsor (Hartford, Connecticut), The Washington Post, Economy, Business and Finance, Federal Reserve
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Fannie Mae exec fired amid kickback scandal
Fannie Mae has fired the executive who headed its Irvine office amid a federal investigation into alleged kickbacks from real estate brokers. One former employee of the home-finance giant has been indicted on charges of soliciting illegal payments...
Tags: Finance, Lawyers, Bribery, Services and Shopping, Economy, Business and Finance
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Inversores extranjeros salen de bonos del Gobierno EEUU en abril: Tesoro
ReutersPor Steven C. Johnson NUEVA YORK, 14 jun (Reuters) - Los inversores extranjeros se deshicieron en abril de tÃtulos de deuda de Estados Unidos y fueron vendedores netos de valores estadounidenses de largo plazo por tercer mes consecutivo, dijo el viernes...Tags: Freddie Mac
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Foreigners flee from U.S. government bonds in April: Treasury
ReutersNEW YORK (Reuters) - Foreign investors dumped U.S. government debt in April and were net sellers of all long-dated U.S. securities for the third consecutive month, the U.S. Treasury said on Friday. Selling was heavily concentrated in Treasury bonds and...Tags: European Debt Crisis, Cyprus, Government Debt, European Union, Freddie Mac
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Foreign central banks' U.S. debt holdings rise: Fed
ReutersNEW YORK (Reuters) - Foreign central banks' overall holdings of U.S. marketable securities at the Federal Reserve rose in the latest week, data from the U.S. central bank showed on Thursday. The Fed said its holdings of U.S. securities kept for...Tags: Central Bank, Federal Reserve, Freddie Mac
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Growing appeal for 10-year mortgages
The refinancing boom may be cooling down, but the move to shorter mortgages — especially 10-year loans among pre-retirees — appears to be accelerating. Some community banks say 10-year mortgages, once an insignificant niche option, are now...Tags: Finance, Money and Monetary Policy, Retirement Planning Services, Economy, Business and Finance, South Windsor
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Housing market needs private capital
Illinois is experiencing a fragile housing recovery, as growing optimism among potential homebuyers has led to a 20 percent growth in purchases this year. But while we’re on our way toward recovery, some disturbing trends highlight the need for...Tags: Finance, Consumers, Real Estate, Services and Shopping, Economy, Business and Finance
Nov 21, 2011
|Story| WSBT-TV
Mar 1, 2011
|Story| WSBT-TV
Jun 14, 2013
|Story| Reuters
Jun 14, 2013
|Column| Chicago Tribune
Jun 13, 2013
|Story| Reuters
Jun 14, 2013
|Story| Los Angeles Times
Jun 13, 2013
|Story| Los Angeles Times
Jun 14, 2013
|Story| Reuters
Jun 14, 2013
|Story| Reuters
Jun 13, 2013
|Story| Reuters
Jun 15, 2013
|Story| Hartford Courant
Jun 11, 2013
|Story| Chicago Tribune
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