FANNIE MAE MORTGAGES News, Sports, Shopping, Travel information

Refinance At 3.750% / 3.521% APR.
How long will rates be this low? Lock your new low payment now. With your good credit and home equity we can help you lower your rate and save you hundreds a month. Free quote today!
www.ProspectMortgageDirect.com

Bernanke: Role For Government In Mortgages - Smart Money
washington (dow jones) -- federal reserve chairman ben bernanke said friday that however government sponsored enterprises fannie mae and freddie mac are eventually reorganized, some government guarantees will likely be needed to ensure securitization ...
www.smartmoney.com

Protestors Gather Against Fannie Mae
charlotte -- a national organization is planning a protest against fannie mae on wednesday. the neighborhood assistance cooperation of america – a non profit that offers affordable mortgages to homebuyers – is holding demonstrations at several locations across the country.
news14.com

(afx Uk Focus) 2008-10-29 14:54 Update 1-fannie Mae To Write Down Key Capital Component
new york, oct 29 (reuters) - fannie mae, the largest provider of funding for u.s. home mortgages, on wednesday said it will likely write down "substantially all" of a tax-related asset that has been a key component of capital. companies can use deferred tax assets as a way to offset future taxes, but must be able to show they will be profitable. accounting for deferred tax assets became ...
www.iii.co.uk

Fed Chair Urges Overhaul Of Freddie Mac, Fannie Mae - Washington Post
the government may need to continue backing up many home mortgages indefinitely, federal reserve chairman ben s. bernanke said today, though housing finance companies fannie mae and freddie mac need to be overhauled. government-sponsored companies ...
www.washingtonpost.com

Bernanke Backs Keeping Guarantees For Fannie, Freddie - Wall Street Journal
washington -- federal reserve chairman ben bernanke said friday that however government sponsored enterprises fannie mae and freddie mac are eventually reorganized, some government guarantees will likely be needed to ensure securitization of ...
online.wsj.com

Protesters Demand Fannie Mae Meeting
nearly 100 activists from a boston-based housing advocacy group protested wednesday in front of fannie mae 's headquarters in the 3900 block of wisconsin avenue northwest.
www.washingtontimes.com

Centerline Closes $131m Loan Package With Fannie Mae
centerline capital group, a subsidiary of centerline holding company has announced it closed the last of nine multi-family housing loan transactions. all loans were done with fannie mae under its dus program on behalf of a single borrower for a total of $131 million.
commercialpropertynews.com

Bernanke Discusses Future Of Fannie And Freddie - Cnn Money
new york (cnnmoney.com) -- federal reserve chairman ben bernanke said friday that the federal government will need to continue to play a role in the future of the mortgage financing market. in a speech broadcast to an economic symposium in berkeley ...
money.cnn.com

Bernanke: Role For Government In Mortgages - Smart Money
washington (dow jones) -- federal reserve chairman ben bernanke said friday that however government sponsored enterprises fannie mae and freddie mac are eventually reorganized, some government guarantees will likely be needed to ensure securitization ...
www.smartmoney.com

Housing Plunge: The Fannie Fix
falling house prices are still a problem. could fannie mae and freddie mac be part of the solution?
money.cnn.com

Protesters Press For Fannie Mae Loan Changes
about 100 activists from a boston-based housing advocacy group were successful wednesday in forcing a meeting with the chief executive of mortgage finance company fannie mae.
finance.yahoo.com

Bernanke Says Backing Of Gse Debt Must Be Maintained - Reuters
berkeley, california (reuters) - federal reserve chairman ben bernanke said on friday it is appropriate to debate the future of mortgage finance firms fannie mae (fnm.n: quote , profile , research , stock buzz ) and freddie mac (fre.n: quote ...
www.reuters.com

Housing Plunge: The Fannie Fix - Cnn Money
new york (fortune) -- falling house prices are still a problem. could fannie mae and freddie mac be part of the solution? the government is moving forward on a plan to reduce foreclosures by guaranteeing some troubled mortgages after lenders agree to ...
money.cnn.com

Protesters Demand Meeting With Fannie Mae Ceo
about 100 activists from a boston-based housing advocacy group protested wednesday in front of fannie mae's washington headquarters.
biz.yahoo.com

Fannie Mae To Reduce Value Of Deferred Tax Assets (update3)
oct. 29 (bloomberg) -- fannie mae may write down at least $20 billion of deferred tax credits, potentially cutting its book value in half and increasing the likelihood the u.s. treasury may need to pump cash into the mortgage-finance company.
www.bloomberg.com

Bernanke Urges `backstop' For Mortgage-bond Market (update1) - Bloomberg
oct. 31 (bloomberg) -- federal reserve chairman ben s. bernanke said the market for mortgage-backed bonds will require some form of government support through either guarantees or insurance programs to weather times of heightened stress. the fed ...
www.bloomberg.com

Let's Use Fannie To Clean Up The Mess It Made - Wall Street Journal
earlier this week, james lockhart, the director of the federal housing finance agency and the government conservator of fannie mae and freddie mac, said that the two companies need to begin writing down the principal on mortgages they hold or acquire ...
online.wsj.com

Fannie Mae To Reduce Value Of Deferred Tax Assets (update2)
oct. 29 (bloomberg) -- fannie mae will write down about $20 billion of assets after being seized by the government last month, eroding its capital and increasing the likelihood the u.s. treasury may need to inject cash into the mortgage giant.
www.bloomberg.com

James Lockhart: Freddie, Fannie Will Be Busy
the chairman of the oversight board regulating fannie mae, freddie mac and the 12 federal home loan banks said the federal government would set a record this year by buying more than $50 billion in multi-family mortgages.
www.bizjournals.com

Instant View: Fed's Bernanke: Must Keep Backing Of Gse Debt - Reuters
new york (reuters) - u.s. backing for debt issued by government-sponsored mortgage finance enterprises fannie mae and freddie mac must stay firm, even as the future of the firms is debated, federal reserve chairman ben bernanke said on friday. key ...
www.reuters.com