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Fannie Mae posts record $17.2 billion profit in 2012
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...
Facing Foreclosure? Be careful to avoid bogus Rescue firms.
Hell has a special place reserved for those who prey on the innocent, but until those scam artists fill their reserved slots we all need to make sure we learn how to spot them. ... Congressional Motors Introduces Top of the 2012 Line :: Maxine
This was found in my email inbox written by an unknown author about the kind of car Congress would make … and better, how they might sell it (assuming they could actually make something … anything). The note... 1597 views | 5 recommendations | 2 comments
This Is Not A Normal Recession: Moving on to Plan B
""The Winter of 2008-2009 will prove to be the winter of global economic discontent that marks the rejection of the flawed ideology that unregulated global financial markets promote financial innovation, market efficiency, unhampered growth and endless prosperity while...The foreclosure freeze tide
"WASHINGTON (Legal Newsline)--As Capitol Hill remains under siege from all sides of America's faltering economy, pressure to stem the tide of foreclosures continued to make inroads as Fannie Mae and Freddie Mac became the latest to join the foreclosure freeze movement.The... They Did It On Purpose: The Housing Bubble & Its Crash were Engineered by the...
During the Clinton administration, the government required the financial industry to start expanding the frequency of mortgage loans to consumers who might not have qualified in the past.When George W. Bush was named president by the Supreme Court in December 2000, the stock... 207 views | 6 recommendations | 1 comment
Mortgage forgiven for woman, 90, who shot herself
"Mortgage forgiven for woman, 90, who shot herself"" AKRON, Ohio (AP) -- Mortgage finance company Fannie Mae said it is forgiving the mortgage debt of a 90-year-old woman who shot herself in the chest as sheriff's deputies attempted to evict her. Addie Polk's plight...Obama gets big Bucks from Fannie Mae/Freddie Mac
Obama calling himself an outsider and agent of change has CEO of Freddie Mac on his Pay Role. The fact is that he has received over 500,000 dollars from folks within Fannie Mae/Freddie Mac. Some...
created by Albert Milliron | 4 years ago | updated 4 years ago
3524 views | 8 recommendations | 11 comments
3524 views | 8 recommendations | 11 comments
Senate to Fannie, Freddie: Freeze Foreclosures!
This week, several mortgage companies were placed under the control of government-backed enterprises Fannie Mae and Freddie Mac. And to provide the troubled borrowers with immediate relief, the Senate Banking...Q&A: Stanford financial economist Darrell Duffie discusses government takeove...
Since the government announced its takeover plan of Fannie Mae and Freddie Mac, stock markets in the United States and around the world have rallied and mortgage rates have dropped. But the latest turn in the...
created by integrityforamerica | 4 years ago | updated 4 years ago
421 views | 0 recommendations | 1 comment
421 views | 0 recommendations | 1 comment
Inflation will follow Freddie Mac and Fannie Mae bail out « Peter J. Cooper...
" Yet we should all be relieved at one level: the US has chosen to go down the path of 1970s style inflation, rather than 1930s style deflation. The alternative route of letting banks fail produced the Great Depression of the 1930s and nobody wants to make that mistake again."
created by arabianmoney | 4 years ago | updated 4 years ago
429 views | 3 recommendations | 0 comments
429 views | 3 recommendations | 0 comments
London Stock Exchange trading down due to computer crash
The world's second largest stock exchange is enduring an extended derailment today due to a computer crash. A glitch in the London Stock Exchange computer system at 8:44am this morning has resulted in the...
created by Terri Potratz | 4 years ago | updated 4 years ago
376 views | 0 recommendations | 2 comments
376 views | 0 recommendations | 2 comments
Fannie Mae (NYSE: FNM) and Freddie Mac (NYSE: FRE)
Dr. Dan Seiver, professor of finance at San Diego State University and the publisher of the padsystemreport.com website. Ann Lee, finance professor at Pace University's Lubin School of Business in New York. Update: Shareholders? Free market economy at an end ? America turns to "Frenc...
Update: no sharholder return priority ? INVESTORS While it is not yet clear whether stockholders in Fannie Mae and Freddie Mac will be wiped out entirely, Mr. Paulson did say on Sunday that the entities “will no... World Economy: Investors Remain Jittery
The world's current Bear markets remain jittery this week as the US government bails out mortgage giants Fannie Mae and Freddie Mac. Unemployment in the USA reached a peak of 6.1% and consumers continue to...
created by Christina 123 | 4 years ago | updated 4 years ago
448 views | 7 recommendations | 7 comments
448 views | 7 recommendations | 7 comments
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