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Business

Two New Fraud Deals Show Wall Street's Washington Insiders at Work
Business  (tags: Washington, Wall Street, negotiating table, fraud deals, revolving door, attorneys, government officials, too-big-to-fail, same BS, SEC, reviewers, Promontory, B of A, Fannie Mae, The People NOT )

Judy
- 563 days ago - nationofchange.org
Everybody knew the drill: Ignore the potential criminal charges and agree on settlement figures they think the public will swallow - big enough to sound impressive, far smaller than the banks' ill-gotten gains. They've done this dozens of times before.
Big Banks Whining That Fannie And Freddie Won't Accept Their Toxic Loans Blindly Anymore
Business  (tags: financial industry, banking industry, housing, Fannie Mae, Freddie Mac, GSEs, repurchases, qualified residential mortgage )

Judy
- 663 days ago - news.firedoglake.com
Basically, banks are angry that Fannie and Freddie are daring to check their work, instead of blindly accepting the loans like they did during the housing bubble.
Fool Me Twice: Bank of America Plays Hide And Seek Using Fannie Mae
Business  (tags: business, corruption, abuse, Bank of America, Fannie Mae, ethics, economy, dishonesty, debt, government, finance, money, news, consumers, corporate, politics, society, usa )

Cal
- 1085 days ago - news.yahoo.com
It looks like no one was fooled when the Wall Street Journal's (WSJ) Dan Fitzpatrick reported that Bank of America (BAC) had sold the servicing rights to of 400,000 loans with an unpaid principal balance of $73 billion to Fannie Mae for $500 million
From the People Who Brought You the Destruction of the Housing Market...
Business  (tags: financial industry, banking industry, foreclosures, foreclosure fraud, housing, Fannie Mae, Freddie Mac, GSEs, securitization )

Judy
- 1286 days ago - news.firedoglake.com
The largest US banks, whose epic screw-up of the securitization process has led to confusion about the clear owner of 60 million mortgages,have a great idea. They want to take over the gov't-sponsored enterprise, mortgage-backed securities and all.
Fannie Mae Violates Its Own Policy By Throwing Tenants Out After Foreclosure
Business  (tags: Fannie Mae, foreclosures, evicting, tenants, economy, dishonesty, news )

Sally Ann
- 1639 days ago - newsblaze.com
Tenants Together, Californias statewide organization for renters rights, operates a hotline for tenants in foreclosure situations.
Fannie Mae & Freddie Mac: Who Did They Buy?
Business  (tags: Fannie Mae, Freddie Mac, political donations, presidental candidates, political money )

RC
- 2136 days ago - opensecrets.org
An interesting list of where Fannie & Freddie campaign donations, and how much, went from 1989 to the present. Draw your own conclusions.
McCain / Palin : She's Clueless, He's Worse
Business  (tags: Economy, Fannie Mae, Freddie Mac, John McCain, Obama, Pornography Of Power, President, Robert Scheer, Sarah Palin, Subprime Mortgage, Politics News )

Blue
- 2148 days ago - huffingtonpost.com
Ignorance is bliss, which perhaps explains Gov. Sarah Palin being so confidently wrong about the root cause of the federalization of most of the nation's mortgage market. But what is McCain's excuse?
$Arah Palin Has No Clue "Who" Freddie and Fannie Are
Business  (tags: Fannie Mae, Fannie Mae Bailout, Federal Deposit Insurance Corporation, Freddie Mac, Freddie Mac Bailout, John McCain, Sarah Palin, Economy, Republicans, PNAC, Business News )

Blue
- 2148 days ago - huffingtonpost.com
Washington's takeover of America's two biggest financial institutions, Freddie Mac and Fannie Mae, is scary enough but market players worldwide are concerned that the Republicans have added a rookie running-mate to the presidential ticket who likely think
Government Seizes Fannie, Freddie Mac
Business  (tags: US Treasury Department, Fannie Mae, mortgages, banking, Hnery Paulson, Freddie Mac )

RC
- 2154 days ago - nytimes.com
The US Treasury Department has taken over the quasi-public Fannie Mae & Freddie Mac mortgage lenders. Treasury Secretary Henry Paulson has fired the heads of both companies & put in hand-picked replacements. He said a "rescue plan" will be implemented.
Ron Paul on U.S. Housing Crisis Bail Out   video
Business  (tags: housing foreclosures, housing crisis, Fannie Mae, Freddie Mac, Ron Paul, national debt, treasury, federal reserve, finance, losing value, economy, corporate, americans, business, consumers, corruption, rothchilds, rockefeller )

Gregory
- 2179 days ago - youtube.com
"The Mother of All Bail Outs" In this video Congressman Ron Paul discusses the bailout out of the housing industry, and how it will destroy the U.S. dollar and add enormously to the U.S. debt. Now credit card transactions are reported to IRS.
Fear Grows as Bank Failures Multiply in U.S.
Business  (tags: George W. Bush, neil Bush, George H. W. Bush, banks, credit risk, housing foreclosures, economy, declining dollar, PNAC, Repubilcans, real estate, Fannie Mae, Freddie Mac, Greenspan, Bernanke )

Blue
- 2204 days ago - watchingamerica.com
The fear of seeing a series of regional commercial banks default even made Wall Street panic . . . does everyone remember the last Bu$h bank robbery: Silverado ... it was the greatest bank robbery in history but the Bu$h family wasn't satisfied ...
   

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