Highlights
A collection of news and information related to Fannie Mae published by this site and its partners.
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JPMorgan must face lawsuit challenging mortgage fees
Reuters* Judge lets fraud, unjust enrichment claims go forward * Racketeering claims thrown out By Jonathan Stempel June 14 (Reuters) - JPMorgan Chase & Co must face a lawsuit accusing the largest U.S. bank of illegally imposing marked-up or unnecessary...Tags: Mortgages, Finance, Organized Crime, Citigroup Incorporated, Bank of America Corp.
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Larger homes are the next big thing, again
Homes are getting bigger again. About 483,000 single-family homes were built last year, and 41 percent of them had at least four bedrooms. Thirty percent of them had at least three bathrooms, and that's the highest percentage of homes with three or more...
Tags: Federal Housing Administration, Consumers
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Citizens' $52M takeout deal triggers Heritage rating review
Citizens Property Insurance Corp.'s controversial new takeout deal that will send as many as 60,000 policies and up to $52 million to Heritage Property and Casualty Co. has triggered a review of the St. Petersburg-based private company's financial rating....Tags: Mortgages, Insurance, Finance, Freddie Mac, Executive Branch
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Refinancing into shorter mortgages appears to grow more popular
WASHINGTON — The refinancing boom may be cooling down, but the move to shorter mortgages — especially 10-year loans among pre-retirees — appears to be accelerating. Some community banks say 10-year mortgages, once an insignificant...Tags: Mortgages, South Windsor, Rockville (Bethlehem, Pennsylvania), Finance, The Washington Post
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Fannie Mae exec fired amid kickback scandal
Fannie Mae has fired the executive who headed its Irvine office amid a federal investigation into alleged kickbacks from real estate brokers. One former employee of the home-finance giant has been indicted on charges of soliciting illegal payments...
Tags: Real Estate, Services and Shopping, Finance, U.S. Congress, Starbucks Corp.
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Inversores extranjeros salen de bonos del Gobierno EEUU en abril: Tesoro
ReutersPor Steven C. Johnson NUEVA YORK, 14 jun (Reuters) - Los inversores extranjeros se deshicieron en abril de tÃtulos de deuda de Estados Unidos y fueron vendedores netos de valores estadounidenses de largo plazo por tercer mes consecutivo, dijo el viernes...Tags: Freddie Mac
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Foreigners flee from U.S. government bonds in April: Treasury
ReutersNEW YORK (Reuters) - Foreign investors dumped U.S. government debt in April and were net sellers of all long-dated U.S. securities for the third consecutive month, the U.S. Treasury said on Friday. Selling was heavily concentrated in Treasury bonds and...Tags: Cyprus, Freddie Mac, European Debt Crisis, Government Debt, European Union
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Foreign central banks' U.S. debt holdings rise: Fed
ReutersNEW YORK (Reuters) - Foreign central banks' overall holdings of U.S. marketable securities at the Federal Reserve rose in the latest week, data from the U.S. central bank showed on Thursday. The Fed said its holdings of U.S. securities kept for...Tags: Central Bank, Freddie Mac, Federal Reserve
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Growing appeal for 10-year mortgages
The refinancing boom may be cooling down, but the move to shorter mortgages — especially 10-year loans among pre-retirees — appears to be accelerating. Some community banks say 10-year mortgages, once an insignificant niche option, are now...Tags: Economy, Business and Finance, Mortgages, Money and Monetary Policy, South Windsor, Rockville (Bethlehem, Pennsylvania)
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Home prices in Cook County show uptick
Home values in Illinois' most populous county are improving, but the gains may be smaller than would-be sellers are expecting. First-quarter prices of single-family homes in Cook County increased 3.5 percent from 2012's first quarter and rose 3.2...
Tags: Real Estate, Mortgages, Services and Shopping, Freddie Mac, Real Estate Buyers
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S&P says municipal housing is stable despite uncertainties
ReutersJune 13 (Reuters) - U.S. municipal housing remains stable despite reduced federal support due to the countering force of a strengthening housing market, Standard & Poor's said on Thursday. The role of major mortgage financiers Fannie Mae and Freddie Mac...Tags: Freddie Mac, Stock Market, Standard & Poor's Financial Services LLC
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Debt-limit fight heats up with Pay Your Bills measure
WASHINGTON — As Congress readied for a new battle over raising the debt limit, Sen. Barbara Boxer announced legislation that would prevent lawmakers from being paid if they do not increase the nation's borrowing authority. "It is an American value...
Tags: Barbara Boxer, Finance, U.S. Congress, Jim McDermott, John Boehner
Jun 14, 2013
|Story| Reuters
Jun 14, 2013
|Column| Chicago Tribune
Jun 12, 2013
|Story| South Florida Sun-Sentinel
Jun 14, 2013
|Story| Los Angeles Times
Jun 13, 2013
|Story| Los Angeles Times
Jun 14, 2013
|Story| Reuters
Jun 14, 2013
|Story| Reuters
Jun 13, 2013
|Story| Reuters
Jun 15, 2013
|Story| Hartford Courant
Jun 13, 2013
|Story| Chicago Tribune
Jun 13, 2013
|Story| Reuters
Jun 12, 2013
|Story| Los Angeles Times
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