Fannie Mae

• 

  Senators Cite Deficiencies in FHFA's Oversight of Fannie and Freddie

  By Melanie Waddell, AdvisorOne  |  December 13, 2011

  As part of an ongoing series of hearings on how to reform housing finance, the Senate Banking Committee heard testimony on Tuesday from the Federal Housing Finance Agency’s first inspector general, Steve Linick.

• 

  Bill Miller to Step Down From Legg Mason Value Trust

  By John Sullivan, AdvisorOne  |  November 17, 2011

  Legendary value manager Bill Miller, who beat the S&P 500 for 15 years straight before underperforming for four of the last five years, will step down from running the Legg Mason Capital Management Value Trust fund in April.

• 

  FHA Reserves Hit Bottom, but Rebound Expected

  By Melanie Waddell, AdvisorOne  |  November 15, 2011

  Acting FHA Commissioner Carol Galante told reporters on Tuesday that “while the FHA is facing the most severe economic conditions,” the FHA’s “Mutual Mortgage Insurance (MMI) fund capital balance remains in positive territory and its programs are actuarially sound.”

• 

  Fortune 500 Companies Slow Down Social Media Adoption

  By Danielle Andrus, AdvisorOne  |  November 15, 2011

  It may be hard to believe as more and more firms take up social media, but a report from the University of Massachusetts at Dartmouth found that adoption could be leveling off.

• 

  Top 10 Terrible Predictions About Economy

  By Dan Berman, AdvisorOne  |  November 11, 2011

  On 11/11/11, while the world still exists despite some predictions otherwise, a review by AdvisorOne of 10 terrible predictions about the markets and the economy.

• 

  More Fannie and Freddie Trouble as Loan Delinquencies Show Surprising Rise

  By Gil Weinreich, AdvisorOne  |  November 9, 2011

  Loan delinquencies are on the rise again for the first time since the end of 2009, an ominous sign for a housing market that has yet to gain its footing in a battered economy.

• 

  Freddie Mac CEO and 3 Chairmen to Resign

  By Derek Kravitz, Associated Press  |  October 27, 2011

  Freddie Mac CEO Charles E. "Ed" Haldeman Jr. will resign within the next year, according to the government regulator that oversees the mortgage giant.

• 

  What’s Behind the U.S. Suing Big Banks Over Mortgage-Backed Securities?

  By Robert Bloink, Esq., LL.M., William H. Byrnes, Esq.  |  September 14, 2011

  More bank stock declines and less lending could be in store as financial institutions face another massive round of lawsuits. The Federal Housing Finance Agency sued 17 banks on Sept. 2, alleging that the financial institutions committed securities violations in the lead-up to the recent financial crisis.

• 

  Fannie, Freddie Subprime Settlement Could Say Mea Culpa

  By Marlene Y. Satter, AdvisorOne  |  September 9, 2011

  The Securities and Exchange Commission may be close to a settlement with Fannie Mae and Freddie Mac over their descent into subprime housing loans and lack of disclosure surrounding them, but the path to resolution is not smooth.

• 

  AARP Sues Wells Fargo, Fannie Mae Over Reverse Mortgage Foreclosures

  By William H. Byrnes, Esq., Robert Bloink, Esq., LL.M.  |  August 25, 2011

  AARP is challenging reverse mortgage foreclosures, claiming that lenders failed to offer borrowers the option to purchase the property for its fair market value.