http://economicrisis.com/obama-and-bernanke-pump-a-new-housing-bubble/3922 Obama and Bernanke Pump a New Housing Bubble Obama administration pushes banks to make home loans to people with weaker credit … The Obama administration is engaged in a broad push to make more...
http://economicrisis.com/fannie-mae-posts-record-17-2-billion-profit-in-2012/3664 Fannie Mae posts record $17.2 billion profit in 2012 The mortgage giant Fannie Mae said it racked up its highest profit ever during the 2012 calendar year – a signal of housing-market...
http://economicrisis.com/the-us-has-become-weimar-amerika-a-fascist-enclave/1518 “The US has become Weimar Amerika, a fascist enclave.” The propaganda has turned openly laughable. On the popular major financial news networks, the recent decline in the so-called Gold...
In what is a surprising development in the foreclosure crisis, two of the nation’s largest home loan guarantors - Fannie Mae and Freddie Mac – were sued by Michigan counties who allege that the two...
created by cassy82 | 1 year ago 237 views | 0 recommendations | 0 comments
We all know that MERS was created by major mortgage lenders, but has generated muchcontroversy lately about the right to terminate."Homeowner Jose Gomes was represented by attorney Ehud Gerstein. The court ruled...
Infinite Freedom Foundation Proposes to Consolidate Fannie Mae and Freddie Mac and Wind Down Interest Bearing Housing DebtBy Alex S. GaborAre you better off today than you were two years ago? There is 18% more money floating around the planet in dollar terms alone than there...
created by AlexSGabor | 2 years ago 206 views | 0 recommendations | 1 comment
It looks like a major fiasco involving two well established mortgage giants Freddie Mac and Fannie Mae may wind up costing the American people nearly 259 million dollars. That is twice what was thought to be the original cost. It has been discovered that the 135 million...
The Internet will give you an idea of the great possibilities of turning a profit from buying foreclosure houses, repairing them and reselling them to the market for a higher price. "As one of the bigger segments...
created by cassy82 | 2 years ago 77 views | 0 recommendations | 0 comments
Alterations in Fannie Mae and Freddie Mac will help foreclosure victims, although they did not talk about the real reason behind these changes, everyone knows that troubled borrowers need this help."There is good news for some foreclosure victims. It will benefit those who...
Buying foreclosed properties in metro Atlanta is still viable both in the residential and commercial sectors as foreclosure activity is still rising in both sectors. Recent multifamily foreclosures include...
created by cassy82 | 3 years ago | updated 1 year ago 143 views | 10 recommendations | 0 comments
Home foreclosures and job losses pushed bankruptcy rates to their highest levels in Central Valley counties in California. Nearly 46,000 bankruptcies were filed in courts in Sacramento, Modesto and Fresno. " Home foreclosures helped drove bankruptcies in the Central Valley...
created by cassy82 | 3 years ago | updated 1 year ago 174 views | 0 recommendations | 0 comments
Fannie Mae (FMN) and Freddie Mac (FRE) stock rose sharply on Monday. The volatility has left analysts stumped. Usually penny stocks react to market news, which theoretically augments the future value of the company represented in the current price of the stock. No recent news...
created by peder.sande | 3 years ago | updated 3 years ago 359 views | 0 recommendations | 1 comment
According to the Washington Post, President Obama is considering splitting Fannie Mae and Freddie Mac and putting their assests in a federally backed corporation. The government launched a new set of ideas this week to overhaul the companies, which are the two largest...
created by Amy Judd | 3 years ago 176 views | 22 recommendations | 1 comment
Connecticut Attorney General Richard Blumenthal has opened an investigation on law firms handling properties on bank foreclosure listings. The attorney general asked Freddie Mac, Fannie Mae and Lender Processing Services Inc. to provide information on why only a number of law...
created by cassy82 | 3 years ago 509 views | 2 recommendations | 1 comment
Fannie Mae lost $23.2 billion due to large numbers of foreclosure homes that it had guaranteed. It has asked for billions more in funding from the U.S. Treasury. " Fannie Mae, one of the two government-controlled...
created by cassy82 | 4 years ago | updated 4 years ago 244 views | 0 recommendations | 0 comments