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Mortgage industry tanks, fraud continues at Countrywide

By Michael Hudson

As the mortgage industry melted down, fraud investigator kept up the pressure, soon lost her job

Excerpts from this story referencing "Fannie Mae":

"… e Federal Housing Finance Agency, which oversees mortgage investing giants Fannie Mae and Freddie Mac, has filed massive lawsuits charging that Countrywide, Ban …"

FDIC Chief got Bank of America loans while working on its rescue

By Keith Epstein and David Heath

Agency grants Sheila Bair retroactive ethics waiver on mortgages

Excerpts from this story referencing "Fannie Mae":

"… edly for family visits and vacations.”In its official guide for lenders, Fannie Mae, the government-owned corporation that  buys mortgages and establishe …"

"… meaning it exceeded the $729,750 limit on home loans that Freddie Mac and Fannie Mae will buy from lenders. The FDIC said the 30-year loan came with a fixed ra …"

Another Wall Street bonus tax falters in Congress

By Ben Protess

Bill faces industry opposition and skepticism from New York senators

Excerpts from this story referencing "Fannie Mae":

"… ed out to Republicans by targeting bonuses paid by mortgage finance giants Fannie Mae and Freddie Mac, which have elicited conservative ire for having unlimited …"

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Wall Street quietly creates a new way to profit from homeowner distress

By Fred Schulte

Large bank, hedge fund bundle small tax debts into private investments

Excerpts from this story referencing "Fannie Mae":

"… t independent is simply incorrect.”Fortress, which is headed by former Fannie Mae chief Daniel Mudd, had no comment.The Florida securities deal illustrates …"

FACT CHECK: White House brings partisan slant into payroll tax explainer

By FactCheck.Org

In a new explainer video, White House displays ‘Washington Monument syndrome’

Excerpts from this story referencing "Fannie Mae":

"… $80,000 instead of the current rate of $85,000, increasing fees charged by Fannie Mae and Freddie Mac to some lenders, reducing unemployment benefits, and freez …"

Feds investigating possible fraud at GE’s former subprime unit

By Michael Hudson and E. Scott Reckard

Federal investigators looking into possible fraud at GE's now-closed subprime lender

Excerpts from this story referencing "Fannie Mae":

"… same loans twice — once to credit unions and then to home finance giant Fannie Mae.Some former WMC employees say sales staffers at the lender used …"

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Raging against the foreclosure machine

Automated foreclosure process creates errors, stifles modifications and enrages helpless homeowners

Excerpts from this story referencing "Fannie Mae":

"… the largest lenders.Most home loans are bought by Wall Street banks or by Fannie Mae and Freddie Mac, bundled together and placed into pools of 5,000 or more. …"

"… rongful foreclosure, violating federal law and servicing guidelines set by Fannie Mae, which owns their loan.Bank of America did not respond to requests for com …"

"… 601 for fees it had assessed on one occasion and $45 on three other dates. Fannie Mae and Freddie Mac servicing guidelines (page 301-2) say that payments on loa …"

Dissent among Republicans over defense spending

By Aaron Mehta

Grover Norquist opposes Romney plan to increase the military budget

Excerpts from this story referencing "Fannie Mae":

"… he said. “He decided to occupy Iraq and Afghanistan rather than reform Fannie Mae and Freddie Mac. That had tremendous consequences.”Mitt Romney, in contr …"

Bailed-out banks, Freddie Mac, AIG gave $6 million to 2008 conventions

By John Dunbar and Michael Beckel

Corporate donors to 2008 party conventions included financial institutions bailed out by government.

Excerpts from this story referencing "Fannie Mae":

"… the close of the Republican event, the government took it over along with Fannie Mae. Taxpayers ultimately sank $70 billion into the floundering institution.In …"

Daily Disclosure: Realtors spend big on California race

By Rachael Marcus

National Association of Realtors backs Rep. Brad Sherman in a big way

Excerpts from this story referencing "Fannie Mae":

"… deal with issues of interest to realtors, including disaster insurance and Fannie Mae and Freddie Mac.Sherman sponsored a bill in 2011 to amend the Flood Insura …"

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