The Limits of Blaming Neo-Liberalism: Fannie Mae and Freddie Mac, the American State and the Financial CrisisstateUSAfinancial crisisneo-liberalismhome ownershipMuch discussion of the financial crisis has been shaped by an analytical narrative around a state versus markets antithesis of the kind that...
One point that shows up early on in the Fed’s analysis is that lenders are hesitating to make home loans even when they face no credit risk because the loans are eligible for guarantees from Fannie Mae and Freddie Mac. Why aren’t banks making these “safe” loans? TheFedcites three re...
Fannie Mae (the Federal National Mortgage Association) and Freddie Mac (the Federal Home Loan Mortgage Corporation) are Government Sponsored Enterprises (GSEs), whose federal charters confer certain benefits - most notably an implicit guarantee that the Treasury stands behind their securities.The basic...
Recently, several spectacular bankruptcies, including Fannie Mae, Freddie Mac, Washington Mutual, Merrill Lynch, and Lehman Brothers, have caught the world... MY Chen - 《Intelligent Automation & Soft Computing》 被引量: 11发表: 2012年 COMPARING TRADITIONAL STATISTICS, DECISION TREE CLASSIFICATION AND...
And as home sales drop, Fannie Mae said mortgage refinances will make up a greater share of mortgage originations versus buyers, increasing from 56% to 58% of all mortgages. Refinances could then fall to 41% of all mortgages in 2022. Home prices will continue rising, showing 14.8% price ...
Freddie Mac reported that its total mortgage portfolio has increased at an annualized rate of 8.7% year-to-date and 4.2% in July 2008. Fannie Mae reported that its gross mortgage portfolio arose at a compound annualized rate of 14.4% in July. Big Lots Inc. posted $0.32, versus $0.21, ...
Fannie owns 72,275 single-family foreclosed homes as of September 30, 2009 versus 41,133 of rival Freddie Mac. First-time home buyers complained that they lose bids against investors as the latter have ready cash.Wall Street Journal - Eastern Edition...
government-sponsored enterprises Fannie Mae and Freddie Mac in line with the decline of oil prices on June 16, 2008. The shares of Freedie Mac surged to 30% or $1.57 while that of Fannie Mae increased by 31% or 2.18. The stocks of several firms including Goldman Sachs Group, Lehman ...
Lofty home prices, high mortgage rates and wide credit spreads have caused FANNIE MAE and FREDDIE MAC to roll back the projected amount of credit risk transfer securities they plan to issue in 2022. The US mortgage finance agencies are responding to the steep drop in mortgage originations since...
Movers: Merrill Lynch, Freddie Mac, Fannie Mae, Visa, Morgan Stanley, Adobe Systems.The article offers a look at the performance of the stocks of several companies as of March 25, 2008. Merrill Lynch (MER) falls 4.32 to 42.31 on news a Merrill unit sued XL Capital, a unit of bond ...