Highlights
A collection of news and information related to Freddie Mac published by this site and its partners.
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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, Fannie Mae, Alan Greenspan, Petroleum Industry, Mortgages
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Gansler wants new Fannie, Freddie leadership
The Baltimore SunMaryland Attorney General Douglas F. Gansler and nine other attorneys general sent a letter Monday to President Obama and the U.S. Senate’s leaders demanding new management at the government entity that oversees Fannie Mae and Freddie Mac. The...Tags: Fannie Mae, U.S. Senate, Douglas F. Gansler, Barack Obama
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Delaney, state's newest congressman, starts term
Maryland's newest member of the House of Representatives, Democrat John Delaney, was sworn into office Thursday amid a flurry of symbolism and celebration but also apprehension over issues left unresolved by the last Congress. The Potomac banker, who...
Tags: Justice System, Democratic Party, Baltimore County, Republican Party, Roscoe G Bartlett
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Mortgage settlement: not enough relief
Almost a year after five big banks signed a $25 billion national mortgage settlement with 49 state attorneys general last February, too few families are getting relief, too many of those getting some help continue to lose their homes to short sales, and...
Tags: Loans, Prince George's County, Baltimore County, Financial and Business Services, Homes
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Consumer agency director coming to Baltimore to announce new mortgage rule
Richard Cordray, the director of the Consumer Financial Protection Bureau, is expected to announce the issuance of a pioneering federal rule Thursday that is intended to help prevent a repeat of the risky mortgage lending that led to the recent housing...
Tags: Money and Monetary Policy, Fannie Mae, Richard Cordray, Mortgages, Federal Reserve
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Mortgage settlement gets mixed reviews
Deatrice S. Besong says it feels like winning the lottery: Her mortgage servicer recently agreed to reduce her loan by $249,000 next year, saving her $300 a month and erasing the debt overhang that has her owing far more than her house is worth.
"It's...Tags: Justice System, Foreclosures, Housing and Urban Planning, Financial and Business Services, Douglas F. Gansler
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This is why voters are angry
I am genuinely puzzled by the bewilderment of people like Dan Rodricks who do not understand the anger of voters and the source of that anger ("At long last, it's time to cast our votes," Nov. 6). They are angry about the augmented intrusion of...Tags: National Government, Tea Party Movement, Government, George W. Bush, Barack Obama
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Calling Obama on his lie: Bush tax cuts did not cause the economic crisis
"Now Gov. Romney believes that with even bigger tax cuts for the wealthy, and fewer regulations on Wall Street, all of us will prosper. In other words, he'd double down on the same trickle-down policies that led to the crisis in the first place." --...
Tags: Federal Reserve, Personal Income, Philosophy, Executive Branch, Barney Frank
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Mortgage fraud led to foreclosure for six Upper Fells homes
A Baltimore man pleaded guilty in federal court Friday to conspiracy to commit wire fraud because he and others secured mortgages for six homes in Upper Fells Point with fraudulent information, prosecutors announced. Kenneth Koehler, 42, and his co-...Tags: Prisons, Fannie Mae, Foreclosures, Fells Point, Mortgages
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More than 190,000 call on Freddie Mac to test homes for meth
The Baltimore SunResidents from every state — more than 195,000 people — have signed an online petition that demands Freddie Mac test the homes it is selling for methamphetamine contamination. The petition was started on the website Change.org by Jonathan...Tags: Companies and Corporations, Headaches, Mortgages, Rentals, Real Estate Buyers
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Underwater on the mortgage, stationed away from home
Air Force Maj. Justice Sakyi's change-of-station orders to Germany came with a built-in dilemma: what to do about his family's home in Maryland. He and his wife, Olivia, bought the single-family house in Bowie in early 2006, near the height of the...
Tags: Defense, Crofton, The Pentagon, Financial and Business Services, U.S. Department of the Treasury
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Whether it's the economy or the Colorado shooting, the left and right view the world in predictable ways
The gulf between the American left and right continues to widen against a backdrop of high unemployment, weak growth and high octane cultural battles. I got to thinking about this growing divide in the aftermath of the Colorado movie theater shooting...
Tags: Democratic Party, Republican Party, Michael Bloomberg, White House, Patient Protection and Affordable Care Act
May 5, 2013
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Mar 20, 2013
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Jan 3, 2013
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Dec 11, 2012
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Jan 10, 2013
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Dec 13, 2012
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Nov 6, 2012
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Oct 11, 2012
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Sep 14, 2012
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Oct 4, 2012
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Jul 14, 2012
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Aug 4, 2012
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