Total : 317 View more »
Posted To: MND NewsWireHomeowners who are facing foreclosure may soon be able to remain in their homes for up to a year under a 'Deed for Lease' program announced Thursday by Fannie Mae. Under the terms of the program qualifying homeowners who are not eligible for
http://www.mortgagenewsdaily.com/11052009_fannie_mae_launches_lease_program_for_borrowers.asp
Financing now available for acquisition, refinance or rehab of market-rate multifamily housing
The Obama administration on Friday rejected a proposal by Goldman Sachs to buy as much as $1 billion in tax credits from Fannie Mae, saying the deal would have amounted to a net loss for taxpayers, the New York Times reports.
The U.S. Treasury blocks the proposed sale of low-income housing tax credits held by embattled mortgage lender Fannie Mae because officials have determined that the transaction would be too costly to taxpayers, according to media reports.
Total : 225 View more »
Aug 27, 2009 (AsiaPulse via COMTEX) --
MEDIA RELEASE PR35870
(Full text of statement. Contact details below.)
Fannie Mae Releases July 2009 Monthly Summary
WASHINGTON, Aug. 28 /PRNewswire-AsiaNet/ -- Fannie Maes (NYSE: FNM) July 2009 Monthly Summary is now available at www.fanniemae.com/ir/monthly. The monthly summary report contains information about Fannie Maes monthly and year-to-date activities for our gross mortgage portfolio, mortgage-backed securities and other guarantees, interest rate risk measures, and serious delinquency rates.
Fannie Mae exists to expand affordable housing and bring global capital to local communities in order to serve the U.S. housing market. Fannie Mae has a federal charter and operates in America's secondary mortgage market to enhance the liquidity of the mortgage market by providing funds to mortgage bankers and other lenders so that they may lend to home buyers. Our job is to help those who house America.
SOURCE:: Fannie Mae
CONTACT: Latressa Cox of Fannie Mae,
+1-202-752-6707
(FNM)
rw
Tags: fannie mae federal housing local market media mortgage nyse rates securities washington
Companies: Fannie Mae (FNM)
Nov 06, 2009 (Wall Street Horizon via COMTEX) --
Fannie Mae (FNM)
Expected next earnings release: Announcement date: 2/25/2010 - After Market Earnings Quarter: Q4 Announcement Status: Unconfirmed
Tags: corporate earnings fannie mae market
Companies: Fannie Mae (FNM)
WASHINGTON, Nov 05, 2009 (PR Newswire Europe via COMTEX) --
Fannie Mae (NYSE: FNM) today reported its third-quarter 2009 results and filed its quarterly report on Form 10-Q with the Securities and Exchange Commission. The filing provides consolidated financial statements for the third quarter of 2009. The following documents are now available on Fannie Mae's Web site:
- News Release reporting third-quarter 2009 financial results
- Fannie Mae's quarterly report on Form 10-Q
- Third-Quarter 2009 Credit Supplement
Fannie Mae exists to expand affordable housing and bring global capital to local communities in order to serve the U.S. housing market. Fannie Mae has a federal charter and operates in America's secondary mortgage market to enhance the liquidity of the mortgage market by providing funds to mortgage bankers and other lenders so that they may lend to home buyers. Our job is to help those who house America.
Brian Faith of Fannie Mae, +1-202-752-6720
Tags: fannie mae federal financial results housing local market mortgage nyse web
Companies: Fannie Mae (FNM)
Nov 06, 2009 (SmarTrend(R) News Watch via COMTEX) --
11/6/2009 - Fanie Mae (NYSE:FNM) will seek an additional $15 billion in rescue funds from the U.S. Treasury after its $18.8 billion Q3 net loss, according to a Bloomberg report that cites an SEC filing. The latest bailout will bring the total taxpayer funds given to Fannie Mae to about $60 billion, and the company said that it remains "dependent on the continued support of Treasury to continue operating." Shares of Fannie Mae fell 9% in early Friday trading.
Write to Chip Brian at cbrian@tradethetrend.com
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Tags: fannie mae market nyse sec securities treasury
Companies: Fannie Mae (FNM)
Total : 1,892 View more »
NEW YORK: Bailed out mortgage lender Fannie Mae has reported losses of $19.76 billion for the September quarter, bogged down by staggering credit-related expenses.
President Obama formally announced this morning a new $75 billion dollar plan designed to help families prevent foreclosures and stabilize hard-hit communities.
...audit bill gets backing from key lawmaker 8c077dc4-5ad2-4f73-b9c3-a381c5fece05:8440412:02p Despite gains, Fannie Mae is still down and out 8c077dc4-5ad2-4f73-b9c3-a381c5fece05:8440112:01p Clearwire, Sprint, Motorola decline... Watch Video
http://www.zibb.com/all/hot-topic/fannie-mae-and-freddie-mac
GAO's sixth report on the Troubled Asset Relief Program (TARP) focuses on the Department of the Treasury's (Treasury) efforts to establish its Home Affordable Modification Program (HAMP). This 60-day report examines (1) the design of HAMP's program features with respect to maximizing assistance to
Total : 4,170,000 View more »
Fannie Mae's Web site provides information about foreclosure prevention, news about the company, information for the media and investors, information about career opportunities ...
Further information: Federal takeover of Fannie Mae and Freddie Mac
Fannie Mae is a government-sponsored enterprise (GSE) chartered by Congress with the mission to work with lenders to help make the American home more affordable while providing ...
Managing your pipeline risk in a fast-paced mortgage market can be difficult and require close attention from key employees taking them away from other value-added tasks.
http://www.icbamortgage.com/education/eventdetail.cfm?EventID=25559
Are you considering doing business with Fannie Mae? For banks trying to decide whether a relationship with Fannie Mae makes sense, or for banks that have not yet become active sellers, this web seminar will help you take the next step.
http://www.icbamortgage.com/education/eventdetail.cfm?EventID=28620