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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... Freddie Mac CFO Kellermann Took Stress Leave Before Death
David Kellermann, acting CFO for Freddie Mac, had taken time off for stress the day before his death. Kellermann had delegated his duties to coworkers before he left the office for the final time. Medical examiners have performed an autopsy, but the results are not yet...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... Freddie Mac’s Acting CFO Commits Suicide
David Kellerman, acting chief financial officer at Freddie Mac, was found dead this morning at his Vienna, Va., home, the victim of an apparent suicide, according to numerous media reports, including one by WTOP... David Kellermann, Freddie Mac Acting CFO, Found Dead in Virginia
David Kellermann, Freddie Mac's acting CFO, was found dead at his home in Fairfax, Virginia this morning, after an apparent suicide. Kellermann was the acting Chief Financial Officer and senior vice-president of the... 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... Grayson-Himes Pay for Performance Act of 2009 Sparks Controversy
Florida Representative Alan Grayson (Democrat) has proposed a piece of legislation that would limit the bonuses and pay for executives of bailout funded banks and financial institutions. Bill HR 1664, or... 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... Freddie Asks $30.8 Billion More for Foreclosures
Freddie Mac has asked the U.S. Treasury for an additional funding of $30.8 billion to enable it to continue carrying out its mission of helping avert further foreclosures. In the fourth quarter of 2008, Freddie... 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... 1053 views | 24 recommendations | 0 comments
US Pledges $50 Billion to Fight Foreclosures, But Is It Enough?
The United States pledged $50 billion to fight off foreclosures in the face of "the worst economic crisis in generations" (Geithner) but it may not be enough. As the economy falls and more jobs are lost fear... 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...Fannie Mae Strikes Deal with Neighborhood Assistance to Stem F...
As the tide of foreclosure continues to wreak havoc to the housing industry, mortgage giant Fannie Mae has decided to bury the hatchet and work with one of its most vocal critics — Neighborhood Assistance Corp of America. " The agreement reached by these two actually...
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