The article reports on the sales of real estate-owned (REO) properties of government-sponsored enterprises (GSE) Fannie Mae and Freddie Mac in Washington. It notes that Fannie had 62,400 REO homes on its inventory as of June 30, 2009 and has 40,000 properties listed on its web site. ...
Fannie Mae Top Executives May Be Ousted
Cogsville Group Winning Bidder on Fannie Mae REO Pilot.(Consumer Finance)(Federal National Mortgage Association)(Brief article)Muolo, Paul
The article reports on the refusal of the administration of U.S. President Barack Obama to allow Goldman Sachs to acquire up to 1 billion U.S. dollars of the unused tax credits of Fannie Mae in 2009.EBSCO_bspTotal Securitization & Credit Investment...