Highlights
A collection of news and information related to Fannie Mae 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: Freddie Mac, Federal Reserve, George W. Bush, Mortgages, Sarah Palin
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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: Freddie Mac, Barack Obama, U.S. Senate, Douglas F. Gansler
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Some in Laurel facing sequestration with optimism, others brace for trickle-down effect
When Congress and the White House failed to make a deal on budget cuts March 1, sequestration went into effect, requiring federal agencies to identify $85 billion in required cuts. The looming reductions, which will be spread across agencies —...
Tags: National Institutes of Health, Government, Laurel, Government Debt, Finance
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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: Citigroup Incorporated, Consumers, Banking, Finance, Real Estate
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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: Democratic Party, Parties and Movements, Finance, U.S. Congress, Annapolis
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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: Freddie Mac, Barack Obama, Loans, Consumers, Finance
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FHA policies helped cause foreclosure crisis
Imagine that a federal agency wanted to hurt America's working-class families on purpose. How would it inflict maximum damage? It might start by aggressively marketing homeownership to marginal borrowers. It would tell them that bad credit scores aren't...
Tags: Democratic Party, Insurance, Chicago Mortgages, Foreclosures, Real Estate Buyers
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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: Freddie Mac, Federal Reserve, Mortgages, Consumers, Financial and Business Services
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Helping the homeless, one step at a time
Students, staff and community members at Scotchtown Hills Elementary and St. Mary of the Mills School are helping combat homelessness, one step at a time. Both schools are hosting Help the Homeless Community Walks Friday, Oct. 16, to raise awareness...Tags: Prince George's County, Teaching and Learning, Whitehall, Laurel, Brooklyn Bridge
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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: Freddie Mac, Philosophy, George W. Bush, Government, Barack Obama
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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: Fells Point, Freddie Mac, Prisons, Foreclosures, Mortgages
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Subpoenas put Balt. Co. developer in the spotlight
Mention development in Catonsville, and the name Stephen Whalen Jr. likely will come up. Drive around town, and you'll see blue signs staked in people's yards voicing opposition to the local developer's idea to build a large mixed-use development known...
Tags: Prosecution, Pigtown, Realty, General Practitioners, Catonsville
May 5, 2013
|Story| Baltimore Sun
Mar 20, 2013
|Story| Baltimore Sun
Mar 8, 2013
|Story| Baltimore Sun
Dec 13, 2012
|Story| Baltimore Sun
Jan 3, 2013
|Story| Baltimore Sun
Dec 11, 2012
|Story| Baltimore Sun
Dec 31, 2012
|Story| Baltimore Sun
Jan 10, 2013
|Story| Baltimore Sun
Oct 24, 2012
|Story| Patuxent Homestead
Oct 11, 2012
|Story| Baltimore Sun
Sep 14, 2012
|Story| Baltimore Sun
Aug 24, 2012
|Story| Baltimore Sun
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