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Privatize Fannie Mae and Freddie Mac: the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation make mortgage markets inefficient, Fannie Mae and Freddie Mac are excellent investments because they have tax exemptions and exclusions from securities regulations. These create an advantage ......(Continue Reading)Fannie & Freddie in the Hot Seat - Federal Home Loan Mortgage Corp. and Federal National Mortgage Association critisized Created by Congress to expand home ownership, Fannie Mae and Freddie Mac face criticisms ranging from bullying banks to setting taxpayers up for a trillion-dollar ......(Continue Reading)Chase Manhattan, NAREB and Fannie Mae join forces to increase minority home ownership - about 1,500 underserved potential home buyers will benefit from An estimated 1,500 underserved and minority home buyers in four U.S. metropolitan areas will have access to low down payment mortgage financing as a result of a unique alliance recently announced...(Continue Reading)Decision may derail mortgage-backed securities - National Association of Insurance Commissioners' ruling on Taubman Realty Group bond issue - Financing A recent ruling by the National Association of Insurance Commissioners (NAIC) requires that insurance companies that invested in a 1993 Taubman Realty Group mortgage-backed bond issue must reserve for...(Continue Reading)Raines bullish on housing: Fannie Mae CEO unconcerned about potential bubble - Newsmakers - Franklin D. Raines, Federal National Mortgage Association Franklin D. Raines has a lot to smile about. In mid-January, the Federal Mortgage Loan Association, better known as Fannie Mae, accomplished something ......(Continue Reading) |