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News about Mortgages:
Fannie, Freddie Mortgage-Bond Spreads Exceed Pre-Takeover Level - BloombergOct. 10 (Bloomberg) -- Yields on Fannie Mae and Freddie Mac mortgage bonds jumped relative to Treasuries for a second day, pushing spreads above their levels before the U.S. seized the companies and vowed to support the market to bolster home prices ...
Assembling America's Mortgage Team - Washington PostNew Fannie Mae CEO Herbert M. Allison Jr., left, and his counterpart at Freddie Mac, David Moffett, are charged with an ambitious mission. (By Kevin Wolf -- Associated Press) Retired and on his first family vacation in years, Herbert M. Allison Jr ...
Freddie Mac Temporarily Suspends Foreclosures in Texas, Louisiana ... - MSN MoneyCentralMCLEAN, Va. , Oct. 9 /PRNewswire/ -- Freddie Mac FRE today announced it is ordering servicers to suspend all foreclosure sales on properties with Freddie Mac-owned mortgages in the federally declared disaster areas caused by Hurricane Ike in Texas ...
Fannie, Freddie to Buy $40 Billion a Month of Troubled Assets - BloombergOct. 11 (Bloomberg) -- Federal regulators directed Fannie Mae and Freddie Mac to start purchasing $40 billion a month of underperforming mortgage bonds as the Bush administration expands its options to buy troubled financial assets and resuscitate ...
Freddie Mac Prices New $4 Billion Two-Year Reference Notes(R) Security - MSN MoneyCentralMCLEAN, Va. , Oct. 9 /PRNewswire-FirstCall/ -- Freddie Mac FRE announced today that it priced its new 2.875% $4 billion two-year USD Reference Notes(R) security due on November 23, 2010 . The issue, CUSIP number 3137EABV0, was priced at 99.858 to ...
Freddie Mac Prices $1 Billion Reopening of 4.125% Five-Year Reference ... - ForbesMCLEAN, Va., Oct. 8 /PRNewswire-FirstCall/ -- Freddie Mac (NYSE: FRE) announced today that it auctioned a $1 billion reopening of its 4.125% five-year USD Reference Notes(R) security that matures on September 27, 2013. The stop yield for the issue ...
Fannie, Freddie disclose subpoenas, investigations - Associated PressWASHINGTON (AP) -- Adding to their woes, mortgage finance giants Fannie Mae and Freddie Mac are facing a federal grand jury investigation into their accounting practices. The mortgage finance companies said Monday that a federal grand jury in New ...
Litigation and Tax Quartet Join Sheppard Mullin San Francisco - EarthtimesSAN FRANCISCO, CA -- 10/10/08 -- Peter S. Hecker, Neil A.F. Popovic, Anna S. McLean and Joanne M. Garvey have joined the San Francisco office of Sheppard, Mullin, Richter & Hampton LLP as partners. Hecker, Popovic and McLean join the firm's Business ...
Solidifi Completes Additional Financing - ForbesSolidifi Inc., a leading provider of collateral valuation and risk management services, has announced that it has completed an additional round of financing, including a new growth equity investment from Altus Group Income Fund. ("Altus"). The funds ...
How risk models failed Wall Street and 'D.C. - Miami HeraldCrooked mortgage brokers, greedy investment bankers, oblivious rating agencies and gullible investors have all been faulted in the financial crisis, and there is bipartisan agreement that regulators were asleep at the switch. It's all well and good ...
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