Stegman doubles down: White House will not recapitalize Fannie, Freddie

HAMP continues to underwhelm panel, Treasury defends ‘new standard’ Monday Morning Cup of Coffee Monday Morning Cup of Coffee takes a look at news coming across HousingWire’s weekend desk, with more coverage to come on larger issues. Once a big player in mortgage lending, Goldman Sachs’ footprint.

These and other potential actions suggest that Obama is likely to rely heavily on executive powers to set domestic policy in his second term. One White House official said that while the president does not see the actions as substitutes for more substantial legislation, he also wants to move forward on top priorities.

As most people know, about 10 days ago, the White House Counsel’s office requested access-via the US Court of Federal Claims (Judge Margaret Sweeney)-to documents filed by the defendants in the Fairholme vs U.S. case. Plaintiffs did not object to giving the WH access to the information, some of which has been labeled by the DoJ or.

The Big Lie – NYTimes.com Thus has Peter Wallison, a resident scholar at the American Enterprise Institute, and a former member of the Financial Crisis Inquiry Commission, almost single-handedly created the myth that Fannie Mae and freddie mac caused the financial crisis (someone call Polifucked)

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Here he is opposing the ARRA Stimulus not as a three-quarters. the $700 billion down payment that made it possible for President Obama and the Democrats to create continuing trillions in new debt..

HUD homes add to inventory-starved market A federal judge tossed out Quicken Loans’ lawsuit against the U.S. Department of Justice. segment of financing for the country’s housing market consisting of middle-class Americans and first-time.

TrendingWallStreet.com Releases Market Alerts on VJET, FNMA, VPCO, and AEZS – The White House came out against a proposal by a group of hedge funds to take over and recapitalize the core operations of Fannie Mae and freddie mac. stockquote/fnma vapor Corp. (OTC:VPCO – News).

Donovan: Sequestration could devastate Fed housing programs CoreLogic chat shows short sale fraud evolving in unexpected ways FHFA Director Calabria: net worth sweep is step one, IPOs for GSEs are an option Fitch Warns on Option ARMs; High Defaults Await NEW YORK, Nov 7 (Reuters) – Standard & Poor’s cut its ratings on General Motors Corp (GM.N) and Fitch Ratings said it may also cut them, while Moody’s Investors Service downgraded Ford Motor.Forecast: More Than 8 Million Foreclosures By 2012 Lawmakers propose PATH Act to create housing sustainability sustainable housing for sustainable cities outlines key concepts and considerations underpinning the idea of sustainable housing and provides a comprehensive framework for designing sustainable housing policies and practical actions. Although sustainable housing is often considered from a predominantlyThe event raised more than $1.8 million to support cancer research at the IU Simon Cancer Center.. 7-Day forecast; hourly forecast. doctors first diagnosed Pagano with leukemia in 2012.MBS RECAP: Is It Over? – If you look past the taper tantrum and the brexit rally, we’ve seen rates trend higher in a fairly linear way since mid-2012. All that to say, it’s actually been "over" since 2012 if we’re looking for.Forecast: More Than 8 Million Foreclosures By 2012 Uber’s hyped-up IPO hits a few potholes on its first day. –  · After much hype leading up to the largest initial public offering in five years, Uber hit a few potholes on its first day of trading, closing down 8% and reflecting lingering doubts about its.HUD's Got a New Man: It's New York's Donovan – Donovan: Sequestration could devastate Fed housing programs Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis.Fannie plans DU system updates to correctly document pre-foreclosures and none of them undertakes any obligation to publicly update the projections to reflect circumstances existing after the date when the projections were made or to reflect the occurrence of future.

White House infighting delays Fannie Mae, Freddie Mac reform: Charlie Gasparino Making Sense of the Bear Market | SafeHaven.com – The revolution in market finance that began with the deregulation of the 1980s may be about to eat its young, as we have seen with the putative bailouts of Fannie Mae and Freddie Mac; if nationalization goes ahead the US visible national debt increases by $5 trillion and is effectively double. The US would no longer qualify to join the Euro!

Fannie Mae and Freddie Mac are Exceeding Credit Risk Transfer Goals In just three years, Fannie Mae and Freddie Machave transferred significant credit risk on loans totaling more than $667 billion in unpaid principal balance (UPB), exceeding the goals set by their conservator, according to the FHFA’s Overview of Fannie Mae and Freddie Mac.