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: Mortgages, Florida, Politics, Scott Garrett, Companies and Corporations
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Mortgage underwriting rules eased for seniors with assets
WASHINGTON — Here's a heads-up for the growing ranks of seniors whose post-retirement monthly incomes aren't sufficient to qualify for a mortgage under today's tough underwriting standards: Thanks to a rule change by the largest players in the...Tags: Mortgages, 401K, Finance, Politics, Credit and Debt
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For seniors, a break on mortgages
Here's a heads-up for the growing ranks of seniors whose post-retirement monthly incomes aren't sufficient to qualify for a mortgage under today's tough underwriting standards: Thanks to a rule change by the largest players in the home loan business,...Tags: Mortgages, 401K, Finance, Politics, Credit and Debt
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Fannie Mae to sell $2 bln bills on May 29
ReutersMay 24 (Reuters) - Fannie Mae, the largest U.S. home funding source, said on Friday it plans to sell $2 billion of benchmark bills on May 29. The sale will consist of $1 billion of three-month bills, due Aug. 28, 2013, and $1 billion of six-month bills,... -
Foreign central banks' U.S. debt holdings fall: Fed
ReutersNEW YORK (Reuters) - Foreign central banks' overall holdings of U.S. marketable securities at the Federal Reserve fell in the latest week, data from the central bank showed on Thursday. The Fed said its holdings of U.S. securities kept for overseas...Tags: Federal Reserve, Central Bank, Freddie Mac
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Fed balance sheet expands in latest week
ReutersNEW YORK (Reuters) - The Federal Reserve's balance sheet expanded in the latest week on higher holdings of Treasuries and mortgage-backed securities, Fed data released on Thursday showed. The Fed's balance sheet - a broad gauge of its lending to the...Tags: Mortgages, Federal Reserve, Freddie Mac
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Allstate investors vote down proposals, back board at annual meeting
Tribune reporterAllstate Corp. investors voted down two shareholder proposals and approved the re-election of its board members at the Northbrook-based insurer's annual meeting. In preliminary results disclosed at the meeting, individual directors received 92 to 99...Tags: Marketing, Board of Directors, Politics, Companies and Corporations, Tom Wilson
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Ora Worster
Ora Mae Reffitt Worster, 79, a native of Bath County, died Tuesday, May 21, at North Pointe Rehabilitation Center. She was born Aug. 8, 1933, to the late William Omer and Fannie Mae Reffitt. She had been an employee of Southland Manufacturing. She is... -
US Appeals Court overturns lower judge, rejects Oakland County claims against Fannie, Freddie
DETROIT (AP) — A federal appeals court has overturned a lower court ruling and has thrown out Oakland County's tax claims against the federally charted mortgage giants Fannie Mae and Freddie Mac. County Executive L. Brooks Patterson says he "always...Tags: Justice System, Mortgages, Crime, Law and Justice, Judges, Trials
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Fannie Mae sells $2.0 bln bills at lower rates
ReutersMay 22 (Reuters) - Fannie Mae, the largest U.S. home funding source, said on Wednesday it sold $2.0 billion of benchmark bills at lower interest rates compared with last week's sale of similar maturities. Fannie Mae said it sold $1.0 billion of three-... -
Latest Michigan news, sports, business and entertainment
PRESSURE COOKER-AIRPORT ARREST Saudi with pressure cooker in baggage seeks bond DETROIT (AP) — A federal defender has requested bond for a Saudi man arrested at Detroit Metropolitan Airport after federal agents accused him of lying about why he...Tags: Blockbuster, Research, Mike Flanagan, Politics, Murder
Nov 21, 2011
|Story| WSBT-TV
Mar 1, 2011
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May 24, 2013
|Story| Los Angeles Times
May 25, 2013
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May 24, 2013
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May 23, 2013
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May 23, 2013
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May 21, 2013
|Story| Chicago Tribune
May 22, 2013
|Story| Jessamine Journal
May 20, 2013
|Story| AP Michigan
May 22, 2013
|Story| Reuters
May 21, 2013
|Story| AP Michigan
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