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Washington DC Fannie Mae
HARP 2.0 Refinancing Fannie Mae Loans to 125%
Harp 2
May 16, 2012
HARP 2.0 is here! The proposed changes to the Home Affordable Refinance Program (HARP 2.0) are now in place and it's time to check back in to...
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Bank of America, Fannie Mae, bank fees, and stay the course
banking
March 1, 2012
Bank of America has made one truth evident this week in lieu of recent news about dealings with Fannie Mae and New Bank Fees being considered by...
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Fannie Mae, Freddie Mac, and Affordable-Housing Rules Led to Mortgage Crisis
financial crisis
January 10, 2012
In a January 4 letter in The New York Times, I noted the role played by the government-sponsored enterprises, Fannie Mae and Freddie Mac, in...
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Fannie Mae and Freddie Mac Were Into Subprime Mortgages, and Lied About It
Paul Krugman
December 17, 2011
“One of the regular claims from Fannie Mae and Freddie Mac apologists . . . is that the two entities were blameless” for causing...
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Frankly Barney, You Won’t Be Missed
barney frank
December 2, 2011
When I learned Cong. Barney Frank (D–Libertine) was retiring after 30 years in the House, my first thought was don’t let the door hit...
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Bailout for Underwater Mortgage Borrowers Is Illegal and Will Backfire
Bailouts
October 28, 2011
Economist Mark Calabria says Obama’s new $7.4 billion plan to let underwater mortgage borrowers refinance at investors’ expense is...
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Fed files suit against cash bloated banks
Wall Street Bailout
September 4, 2011
By York Van Nixon IIIWashington, DC -- J.P Morgan Chase, Bank of America, Citigroup and Deutsche Bank are among 17 defendants named in...
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Paying Your Neighbor's Mortgage: Taxpayers Could Take Hit Under Obama Proposal
mortgage meltdown
September 2, 2011
The Washington Times recently featured an editorial, “Paying Your Neighbor’s Mortgage,” about the costly new bailout advocated by...
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Federal Agencies Pushed the Risky Mortgages that Triggered the Financial Crisis
Edward Pinto
July 27, 2011
Edward Pinto, who was once an executive at Fannie Mae in the era before it went into the toilet and nearly took the financial system down with it,...
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Fannie Mae's role in financial crisis larger than previously thought, book says
Fannie Mae
July 13, 2011
In the Wall Street Journal, Peter Wallison, who prophetically warned against the risky practices of mortgage giant Fannie Mae, describes the key...
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