Month: April 2015

work it out

When I was trying to define work, the best definition I came up with involved money. Since our culture is so “lucky” so as to define all kinds of value…

$FNMA #FANNIEGATE

TREASURY, THE CONSERVATORSHIPS AND MORTGAGE REFORMBy Timothy HowardThere are two competing approaches to setting up a secondary mortgage marketmechanism to succeed the one in place prior to the 2008 financial…

$FNMA #FANNIEGATE Grassley Seeks Transparency Over Administration Decisions on Fannie, Freddie Earnings, Expresses Concern Over Apparent Invocation of Executive Privilege

Apr 08, 2015  http://www.grassley.senate.gov/news/news-releases/grassley-seeks-transparency-over-administration-decisions-fannie-freddie-earnings WASHINGTON – Sen. Chuck Grassley of Iowa, Chairman of the Judiciary Committee, is seeking answers from the Administration on why it reportedly won’t disclose documents regarding…

$FNMA #FANNIEGATE What Were Hearing: Who Needs Capital? Not Fannie and Freddie / Oh, and Financial Armageddon / Time to Test the CSP? / PennyMac’s No Downpayment Mortgage / OGI Rolls Out Piggyback Loans / More Layoffs at Wingspan 

http://www.google.com/url?q=http%3A%2F%2Fwww.insidemortgagefinance.com%2Fimfnews%2F1_553%2Fdaily%2Fwingspan-portfolio-advisors-has-more-layoffs-in-monroe-1000031071-1.html&sa=D&sntz=1&usg=AFQjCNHLNf3aC4g_4DH0OtctBdm2QVUVFQ a month ago The issue of Fannie Mae and Freddie Mac having a tiny capital buffer hasn’t escaped the largest shareholder of the two: The U.S. Treasury Department. In…