Former Federal Reserve chairman Alan Greenspan offered a bit of optimism about the housing market in an interview this week with David Wessel of the Wall Street Journal. Greenspan said that he expects housing prices to begin to stabilize in the first half of 2009 although they could continue to drift...
Freddie Mac and Fannie Mae may have recently come to appreciate the old saw "be careful what you wish for." A year or so ago Federal Reserve Chairman Alan Greenspan was giving the two government sponsored enterprises ( GSEs ) a lot of grief about their loan portfolios, particularly in light of the trouble...
The House of Representatives voted 331 to 90 on Wednesday to revamp the oversight of Freddie Mac, Fannie Mae, and the Federal Home Loan Bank. The legislation enables the creation of a new independent regulator with the authority to set capital standards, dismantle a company in financial trouble, and...
Posted to
MND NewsWire
by
Glenn Setzer
on
Fri, Oct 28 2005
Filed under:
Filed under: Alan Greenspan, Freddie Mac, Fannie Mae, Jumbo Loans, senate banking committee, government sponsored enterprises, conforming loans, GSEs, Federal Home Loan Bank, low income housing
Fannie Mae declared a second quarter dividend on its common stock Tuesday, holding to the $0.26 per share that it declared for the first quarter back in December 2004. This number is only notable because the first quarter dividend was exactly half what stockholders had come to expect in previous quarters...
Posted to
MND NewsWire
by
Glenn Setzer
on
Thu, Apr 21 2005
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Filed under: Alan Greenspan, Freddie Mac, Fannie Mae, Daniel Mudd, Federal Reserve, senate banking committee, 2nd Quarter Dividend, Common Stock Stockholders, Richard Syron CEO, FNM, US Treasury Secratary, John W Snow
Mortgage giant Fannie Mae has filed Form 12b-25 with the Securities and Exchange Commission (SEC) to announce that it will be late - apparently very late - with its annual report to the regulator (Form 10-K) for the year ended December 31, 2004. The annual report was due March 15 with an automatic 15...
Posted to
MND NewsWire
by
Glenn Setzer
on
Mon, Mar 28 2005
Filed under:
Filed under: Alan Greenspan, Freddie Mac, ofheo, Fannie Mae, SEC, office of federal housing enterprise oversight, Form 12b-25, Armando Falcon, Securities Exchange Commision, Federal Reserve Chairman, mortgage portfolios
Two major economic players, Freddie Mac and Federal Reserve Chairman Alan Greenspan, continue to be upbeat about the near future of real estate. The Chairman, in a series of speeches delivered last week, stated that neither record high oil prices or soaring consumer debt should be of undue concern to...