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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... Short, Naked, Crooked, & in Charge
"Anyway, I keep picturing all these little kids playing some game in this big field of rye and all. Thousands of little kids, and nobody's around - nobody big, I mean - except me. And I'm standing on the edge of... 1556 views | 47 recommendations | 0 comments
Fannie and Freddie: Control Evictions Due to Foreclosures
When Fannie Mae and Freddie Mac have been nationalized in September, they have been transformed into housing-aid agencies. They have already frozen a lot of foreclosures last year and this year, they are pioneering programs that would let borrowers rent their own properties...Atlanta Homeowners Get Help on Foreclosures
There is no doubt that the crisis in foreclosures is worsening. Recent surveys have all been proofs of the rising number of foreclosure properties in the country. With this situation in mind, some states did what...Can The New Federal Lending Plan Stop Foreclosures?
In a new announcement that left the mortgage market dumbfounded, the Federal Reserve and the National Treasury announced that it will release another $800 billion in funds to new lending programs to get the credit market running once more and to force mortgage rates down in a...Debate on Government’s Foreclosure Plan Rages On
Washington is still unsettled as to how to handle the foreclosure crisis."Last November 11, the administration publicized the government’s $ 700 billion plan to refinance delinquent loans controlled by mortgage companies, Freddie Mac and Fannie Mae. The already passed...FDIC Proposes to Spend $24 Billion to Address Foreclosures
The Federal Deposit Insurance Corp. (FDIC) is planning to use an estimated $24 billion in federal funds to help nearly 1.5 million homeowners in the United States avoid foreclosure."The program includes providing guarantees to 2.2 million loans that have been modified,...Fights on Foreclosures Cannot Help Lift Stocks
In the recent weeks, Wall Street has been able to cut a few of its losses because of the plans to forestall foreclosures. The said plans were made to help a lot of US homeowners to slow down, if not entirely stop, their bouts with foreclosure properties."The plans were...U.S. Government Aid for Homeowners Facing Foreclosure
According to sources in Washington, the United States government has proposed a plan to help homeowners facing foreclosures. Federal officials announced the plan last Tuesday as giants in the mortgage market such as Freddie Mac and Fannie Mae launched a new approach to deal...Freddie & Fannie Loans: 98.6% Are Current
Freddie & Fannie Loans: 98.6% Are Current Last week the Federal Housing Finance Agency Mortgage Metrics Report was released (10/22/08) by Fannie Mae and Freddie Mac. This quarterly report is a, “Disclosure and Analysis of Fannie Mae and Freddie Mac Mortgage Loan... Will Radical Socialists Steal the Rest of America?
The radical socialists have stolen our retirement money, they have stolen the values of our homes, they have ruined and closed our banks and stolen the value of our vote, and, now, the polls say, they will... 260 views | 14 recommendations | 4 comments
Mortgage Applications Drop
"According to the Mortgage Banker’s Association, their mortgage applications index has plunged by 23 percent, from 591.4 to 455.4 during the week that ended September 26. With the collapse of Wall Street and subsequent chaos in the finance and banking industries, it has... O'Reilly to Franks: You're a Coward!!!
Thursday there was a heated debate and no, it was not the Vice Presidential Debate. It was a jaw dropping night on Fox News’ O’Reilly Factor. Bill O’Reilly played tapes and read transcripts...Top Members Today
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