Fannie Mae and Freddie Mac might also be able to provide money for refinancing.
Fannie Mae (76, FNM) and Freddie Mac (61, FRE) are affordable at 15 times earnings.
Many were sold to Fannie Mae and Freddie Mac, the taxpayer-backed mortgage finance giants.
FORBES: SunTrust Or Untrustworthy For SEC Chair Mary Jo White
Banking consultant Bert Ely said Fannie Mae and Freddie Mac typically hold huge amounts of debt.
At the center of this crisis are Fannie Mae and Freddie Mac.
CNN: Commentary: White House caught napping on financial crisis
Foreclosures on mortgages backed by Fannie Mae and Freddie Mac increased 21% in June from May.
Freddie Mac --or as wags call them, Fonie and Fraudie--were too big to fail.
The mortgage must not be backed by Fannie Mae or Freddie Mac.
And government-backed lenders Fannie Mae and Freddie Mac have agreed to new rules for home appraisals.
The Congress had direct oversight on Fannie Mae and Freddie Mac, but flubbed it.
The government used Fannie Mae and Freddie Mac to prop up the mortgage market.
FORBES: Goldman Sachs, Washington, and the Theater of the Absurd
Freddie Mac said that its chief operating officer, Bruce Witherell, resigned from the company on Wednesday.
Freddie Mac and Fannie Mae were bailed out, and so was American International Group.
Officials from Fannie Mae and Freddie Mac did not respond to calls for comment.
According to Freddie Mac, thirty year fixed mortgage rates now sit at 3.35%, a historical low.
Another area for possible agreement, he adds, is reform of buyers Fannie Mae and Freddie Mac.
Fannie Mae and Freddie Mac are government agencies that support the US mortgage market.
BBC: Bank of America sued for $1bn for alleged mortgage fraud
In the fall, mortgage giants Fannie Mae and Freddie Mac were taken over by the government.
The US government took over Fannie Mae and Freddie Mac in September of 2008.
We saw this strategy in action with at Fannie Mae and Freddie Mac.
FORBES: The Unstoppable March Toward National Bankruptcy: Who's To Blame?
The failures of Fannie Mae and Freddie Mac, America's housing-finance giants, are glaringly obvious.
Fannie Mae (formerly, Federal National Mortgage Association) has mortgage securities very comparable to Freddie Mac's.
It would also have approval power over the pay packages of Fannie Mae and Freddie Mac executives.
Another is that Fannie Mae and Freddie Mac have given investment banks every reason not to complain.
Fannie Mae and Freddie Mac are also huge buyers of securities and derivatives, meaning still more commissions.
With the banks sidelined, Allon turned to Freddie Mac, the government-backed giant that owns and guarantees mortgages.
FORBES: How One Entrepreneur Plans to Profit from the Next Securitization Wave
We get cheap loans from giant banks like Citigroup, and thanks to government-sponsored entities like Freddie Mac.
One problem is that it holds 376 billion dollars worth of Fannie Mae and Freddie Mac bonds.
In January, Bank of America settled with Fannie Mae and Freddie Mac over repurchases.
FORBES: Primary Prosecutors of Mortgage Fraud? Pension Funds And Plaintiffs' Lawyers
According to Freddie Mac ( FMCC) average mortgage rates remained below 4 percent for the fourth consecutive week.
应用推荐