Fannie Mae

PCI On Getting More Mascular

The Property Casualty Insurers Association of America (PCI) is strengthening its adherance to its rules and policies.

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U.S. housing regulator seeks support from housing finance giants for low-income Americans

The Federal Housing Finance Agency seeks to have housing finance giants Fannie Mae and Freddie Mac to offer more support for American families with low income who are taking out mortgages and are refinancing their home loans.

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Claren Road Investors want their money back; Prepares to pull out $2B from the hedge fund

Thinking that Claren Road Asset Management has come to the end of the road, Investors are ready to pull half of their money out of the company, which is another blow for the Carlyle Group LP's firm.

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U.S. housing regulator to unveil mortgage fees framework in 2015

The top U.S. housing finance regulator said on Wednesday his agency would unveil a new framework in early 2015 for how government-controlled Fannie Mae and Freddie Mac will set mortgage guarantee fees.

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Ackman bets big on Freddie and Fannie

Activist investor Bill Ackman's Pershing Square hedge fund announced its intention to acquire almost 10% stakes each in troubled mortgage finance companies Fannie Mae and Freddie Mac.

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Bank of America and executive to pay damages for shoddy loans under the 'Hustle' program

The Hustle, as it was known, rewarded volume instead of quality for mortgages sold by Bank of America to Fannie Mae and Freddie Mac.

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JPMorgan and FHFA forge settlement agreement

JPMorgan to pay FHFA USD5.1 billion as settlement for loans and mortgage backed securities issues.

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Judge to proceed with civil trial on defective mortgages against Countrywide Financial

US District Judge Jed Rakoff had set a hearing on the issues and a date for his rulings by December on the civil case against Countrywide Financial Corp's defective loan transactions with Fannie Mae and Freddie Mac.

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Ally's James Mackey to become Freddie Mac's finance chief

Freddie Mac announced its new chief financial officer, James Mackey, a top executive in Ally Financial Inc. last Monday.

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Bank of America goes to trial over fraud charges

Bank of America would go on trial this week over fraud charges related to home mortgages which was alleged to defraud Fannie Mae and Freddie Mac.

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Removing Fannie and Freddie from the mortage market is a challenge: analysis

Bethany McLean of Reuters wrote that it would be a challenge to remove government sponsored enterprises from the US mortgage market.

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Obama reopens issue on housing reforms

Obama reopened issue on Fannie Mae and Freddie Mac to spur delayed housing policies reforms.

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Obama proposes overhaul of US mortgage system

President Barack Obama proposed the gradual elimination of Fannie Mae and Freddie Mac to speed up recovery in the housing sector.

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UBS settles with FHFA for USD 885 million

Swiss banking giant UBS settled with the US Federal Housing Finance Agency to pay USD 885 million to Fannie Mae and Freddie Mac.

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Fannie and Freddie are not making much progress

Fannie and Freddie are not making much progress

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