Highlights
A collection of news and information related to Fannie Mae published by this site and its partners.
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When short sales leave sellers short
Are large numbers of homeowners who have negotiated short sales with lenders at risk because of a startling omission in the American credit system? Do their credit reports and scores indicate that they were foreclosed upon, rather than having negotiated a...Tags: Consumers, Real Estate, Federal Housing Administration, Economy, Business and Finance, Freddie Mac
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Short sales routinely show up in credit reports as foreclosures
WASHINGTON — Are large numbers of homeowners who have negotiated short sales with lenders at risk because of a startling omission in the American credit system? Do their credit reports and scores indicate that they were foreclosed upon, rather...
Tags: Consumers, Economy, Business and Finance, Mortgages, Finance, The Washington Post
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Property Transfers - May 17, 2013
Property transfers for the week of May 6 to May 10. — Edmond P. Stone Estate, Neil Stone and Crystal Freeman to Boyds Bottom LLC, Waters of Boone Creek, quitclaim. — Fannie Mae and Federal National Mortgage Association to Holly N. Lovings,...
Tags: Federal National Mortgage Association, Bank of America Corp.
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Year-old funding scandal hurt local Race for the Cure, officials say
It's been more than a year since Susan G. Komen for the Cure Foundation was rocked by its short-lived but controversial decision to defund Planned Parenthood. But South Floridians, it appears, have a long memory. Susan G. Komen South Florida...
Tags: Susan G. Komen for the Cure, Harris Interactive Incorporated, Planned Parenthood, West Palm Beach, Breast Cancer
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Projected lower deficit this year could further slow any demand for big budget deal
Associated PressWASHINGTON (AP) — The good news is the budget deficit for the current year is projected to come in well below what was estimated just a few months ago. The bad news for deficit hawks is that the development could further curb the already slowing...Tags: Budgets and Budgeting, Christopher Van Hollen Jr., U.S. Congress, Congressional Budget Office, Social Security
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Judge grants foreclosure of hundreds of run-down Orlando apartments
A state judge on Friday granted the foreclosure of seven west Orlando apartment complexes with hundreds of units, the latest twist in the long-running story of some of the city's most run-down housing. Circuit Judge Alice Blackwell ruled that the...
Tags: Financially Distressed Companies, Judges, Economy, Business and Finance, Finance, Crime, Law and Justice
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10 Things to Know for Friday
Your daily look at late-breaking news, upcoming events and the stories that will be talked about Friday: 1. WITHDRAWING FROM THE WORLD A global gang of criminals drains $45 million in a matter of hours from reserves held by banks to fund pre-paid...
Tags: YACHT (music group)
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Lew says Fannie Mae payment helps delay debt limit until Labor Day
WASHINGTON -- A nearly $60-billion dividend payment to the government by taxpayer-owned Fannie Mae will help push off the effective date on which the U.S. would hit its debt limit until at least Labor Day, Treasury Secretary Jacob J. Lew said Friday....
Tags: Economy, Business and Finance, Jack Lew, U.S. Congress, Finance, Labor Day
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Freshman senator with senior pluck takes on the financial industry
WASHINGTON — Sen. Elizabeth Warren, the newest member of the Senate Banking Committee, waited patiently for her first chance to question top financial regulators at a recent hearing on Capitol Hill. When her turn finally came after 90 minutes,...
Tags: Bob Corker, Consumers, Economy, Business and Finance, $700 Billion Bank Bailout (2008), Social Security
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The truth about hard-money loans
Q: What is a "hard money" loan? A: Technically, it is a loan that is given in exchange for money, rather than to assist a consumer in buying a house. The latter would be called a "purchase money" mortgage. Hard-money lenders do not rely on the...Tags: Freddie Mac, Financial and Business Services, Homes, Property, Politics
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Fannie Mae to pay U.S. $59.4 billion after record quarterly profit
WASHINGTON -- Bailed-out housing finance giant Fannie Mae said Thursday it would pay the U.S. government $59.4 billion after posting a record profit for the first three months of the year. The fortunes of the company, which is 80% owned by taxpayers...
Tags: Economy, Business and Finance, Federal Bailout Funds, Freddie Mac, Financial and Business Services, Finance
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Bush deserves the criticism he's getting
When I read Stanley J. Glinka's recent letter defending the presidency of George W. Bush I wanted to laugh, but it was 6 a.m. and I did not want to wake up my still sleeping wife ("Stop blaming Bush," May 1). Now I know how people like Michele...Tags: Michele Bachmann, Sarah Palin, Freddie Mac, Alan Greenspan, Mortgages
May 18, 2013
|Story| Hartford Courant
May 17, 2013
|Story| Los Angeles Times
May 17, 2013
|Story| Winchester Sun
May 16, 2013
|Story| South Florida Sun-Sentinel
May 15, 2013
|Story| AP Member Choice Limited
May 10, 2013
|Story| Orlando Sentinel
May 10, 2013
|Story| AP Member Choice Limited
May 10, 2013
|Story| Los Angeles Times
May 10, 2013
|Story| Los Angeles Times
May 10, 2013
|Story| Chicago Tribune
May 9, 2013
|Story| Los Angeles Times
May 5, 2013
|Story| Baltimore Sun
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