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Fannie Mae, Freddie Mac Sued by Michigan Counties
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...California Appeals Court Rules in Favour of MERS having the Right
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 Fannie Freddie Mergers
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...
The 259 Million Dollar Bailout of Fannie Mae and Freddie Mac
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... You Do Not Need to be an Expert When Buying Foreclosure Houses
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... Good News for Some Foreclosure Victims from Fannie and Freddie
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 Still Viable in Metro Atlanta
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... Home Foreclosures Pushed Bankruptcies in Central Valley
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...Fannie Mae (FNM) and Freddie Mac (FRE) Stocks Climbs
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... Obama Considering Splitting Fannie Mae and Freddie Mac
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... AG: Examine Why Few Law Firms Handle Bank Foreclosure Listings
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... Fannie Mae Lost $23.2 Billion Due to Foreclosure Homes
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...Freddie Mac Chief David Kellermann Found Dead in his Premises
Official sources break the shocking news about the death of David Kellermann, Chief CFO of mortgage giant Freddie Mac in his Fairfax home. " Police sources have confirmed the news of the death of acting CFO, David... Thanks to ACORN, It's A Different World
Written by Phil Gremillion, a man described as "a businessman, farmer, inventor and Cajun who lives in Lafayette (La.)," a commentary published today in The Daily Advertiser of Lafayette, La., follows perfectly on... Freddie Mac Cuts Down Government Foreclosures
Freddie Mac has suspended government foreclosures for mortgage loans qualified for any of the housing schemes offered under Obama’s program, the HOPE NOW program and other federal loan modification programs. " Freddie Mac showed its commitment to help ensure the success of... NowPublic on Facebook
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