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(Reuters) - Fannie Mae (FNMA.OB) could soon offer its top job to Timothy Mayopoulos, the government-controlled mortgage firm's general counsel, the Wall Street Journal reported on Thursday, citing people familiar with the matter. The company has ...
May 25, 2012 at 20:57 | Source: Reuters
Here is a look at real-estate news in Friday’s WSJ: Fannie CEO Search Now Down to Two: Fannie Mae has narrowed its search for a new chief executive to two finalists and could soon offer the position to Timothy Mayopoulos, the mortgage-finance ...
May 25, 2012 at 14:52 | Source: Wall Street Journal
The latest release of the Fannie Mae Monthly Summary indicated that total serious single family delinquency declined slightly in March while remaining at distressed levels. In March, 2.93% of non-credit enhanced loans went seriously delinquent ...
May 18, 2012 at 16:40 | Source: The Christian Science Monitor
Conventional wisdom holds that taxpayers will never recoup the money they’ve poured in to prop up Fannie Mae and Freddie Mac, the government-controlled mortgage giants whose rescue has cost taxpayers nearly $150 billion to date. That ...
May 21, 2012 at 23:54 | Source: Wall Street Journal
I can’t understand why everyone is commenting about JPMorgan Chase’s $2.6 billion trading loss. This is a publicly traded company with stockholders who own the company. If anyone should be upset, it should be the stockholders. It was their ...
May 26, 2012 at 07:56 | Source: Florida Times-Union
Last week Fannie Mae, one of the two mortgage giants in conservatorship with Freddie Mac, reported a $2.7 billion profit for the first time since the financial crisis. This seemingly good news may actually be a reason to finally do something about Fannie ...
May 16, 2012 at 10:02 | Source: YAHOO!
Some 10 percent of likely registered voters say they are underwater on their mortgage, deeply dislike loan giants Fannie Mae and Freddie Mac, and want the federal government out of the home loan business, according to a new poll on voter ...
May 22, 2012 at 22:34 | Source: FOX News
The government-sponsored mortgage agencies Fannie Mae and Freddie Mac played a major role in the housing crisis and must be reformed to get the market back on its feet, says Anthony Sanders, professor of real estate finance at George Mason University.
May 18, 2012 at 11:25 | Source: Moneynews (blog)
(Reuters) - Fannie Mae (OBB:FNMA.OB - News) could soon offer its top job to Timothy Mayopoulos, the government-controlled mortgage firm's general counsel, the Wall Street Journal reported on Thursday, citing people familiar with the matter.
May 24, 2012 at 23:21 | Source: Yahoo Finance
Elizabeth Duke, a governor at the Federal Reserve, said the unresolved status of Fannie Mae and Freddie Mac is hurting the housing recovery. "Uncertainty about the future on the part of lenders is inhibiting these investments" in mortgage lending.
May 23, 2012 at 11:48 | Source: MortgageNewsDaily.com