Highlights
A collection of news and information related to Fannie Mae published by this site and its partners.
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Allstate investors vote down proposals, back board at annual meeting
Tribune reporterAllstate Corp. investors voted down two shareholder proposals and approved the re-election of its board members at the Northbrook-based insurer's annual meeting. In preliminary results disclosed at the meeting, individual directors received 92 to 99...Tags: Annual and Special Corporate Meetings, Insurance, Board of Directors, Companies and Corporations, Freddie Mac
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FUND VIEW: For BlackRock income fund manager, stocks boost yield
ReutersBy David Randall NEW YORK, May 21 (Reuters) - Rick Rieder, the head of fixed income at fund giant BlackRock, doesn't run your average bond fund. In his $5.7 billion Strategic Income Opportunities fund , Rieder takes an active trading approach that can...Tags: European Central Bank, Mutual Funds, Credit and Debt, Central Bank, Money and Monetary Policy
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Fannie Mae to sell $2.0 bln in bills on Wednesday
ReutersMay 20 (Reuters) - Fannie Mae, the largest U.S. home funding source, said on Monday it plans to sell $2.0 billion of benchmark bills on Wednesday. The sale consists of $1.0 billion of three-month bills, due Aug. 21, 2013, and $1.0 billion of six-month... -
Distressed homes lure cash investors
Miami HeraldHouse hunters looking to buy a foreclosure in South Florida often discover they are getting outflanked by the pros: investors wielding cash. "If you don't have cash, or you're looking for financing, you can't play in the distressed arena,'' said Doug...Tags: Mortgages, Miami (Miami-Dade, Florida), Fort Lauderdale, Auction Service, Services and Shopping
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Year-old funding scandal hurt local Race For the Cure, officials say
It's been more than a year since Susan G. Komen For the Cure Foundation was rocked by its short-lived but controversial decision to defund Planned Parenthood. But South Floridians, it appears, have a long memory. Susan G. Komen South Florida...
Tags: Medical Research, Susan G. Komen for the Cure, Planned Parenthood, Family Planning, Harris Interactive Incorporated
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Buyers who make all the right moves are taking advantage of lowest interest rates
Billings Gazette, Mont.U.S. Air Force retiree Mike Getlinger and wife, Kim, have hit the homeowner triple lottery: three mortgages in 11 years, all at historic lows of 5 percent or less. In 2002, the Getlingers bought their first home in South Carolina with a 3.78 percent,...Tags: Mortgages, Disasters and Accidents, Interior Policy, Freddie Mac, Pension and Welfare
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Bay Area firm's idea to lift underwater homeowners to positive equity loses steam
The Sacramento BeeA year ago, with the real estate market still in a deep slump, a San Francisco firm caught the attention of officials in California and elsewhere with its novel idea of using eminent domain to seize underwater mortgages in order to reduce the amount...Tags: Homes, Mortgages, Chicago Mortgages, Finance, Freddie Mac
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New top Realtor sees a rebound, but full recovery years away
Washington TimesAs a Realtor in Orange County, California, Gary Thomas lives at the epicenter of the last decade's epic housing boom and bust that is only now beginning to release the economy from its withering grip. It was in that county and the broader Los Angeles...Tags: Bankruptcy, Mortgages, Taxation, Freddie Mac, National Association of Realtors
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Treasury gears up to buy time under reimposed debt cap
ReutersWASHINGTON (Reuters) - The Obama administration on Friday notified Congress it was prepared to take a series of steps to free up about $260 billion so it can keep paying the nation's bills once a temporary suspension in the government's debt ceiling...Tags: Jack Lew, Public Finance, Barack Obama, Budgets and Budgeting, Freddie Mac
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Obama budget cuts deficit $1.1 trillion over decade: CBO
ReutersWASHINGTON (Reuters) - Near-term U.S. deficits under President Barack Obama's 2014 budget plan would be higher than those forecast by the Congressional Budget Office this week but $1.1 trillion lower than what it estimates over the coming decade, CBO said...Tags: Gross Domestic Product, Public Finance, U.S. House of Representatives, Budget Control Act of 2011, Barack Obama
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Short sales routinely show up in credit reports as foreclosures
WASHINGTON — Are large numbers of homeowners who have negotiated short sales with lenders at risk because of a startling omission in the American credit system? Do their credit reports and scores indicate that they were foreclosed upon, rather...
Tags: Housing Industry, The Washington Post, Mortgages, Freddie Mac, Services and Shopping
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FACTBOX-U.S. Treasury's tools to delay hitting debt limit
ReutersMay 17 (Reuters) - U.S. Treasury Secretary Jack Lew on Friday announced a series of steps the Obama administration is prepared to take so it can keep paying the nation's bills once a temporary suspension of the cap on the U.S. government's debt expires...Tags: Jack Lew, G7, Investments, Public Finance, Freddie Mac
May 21, 2013
|Story| Chicago Tribune
May 21, 2013
|Story| Reuters
May 20, 2013
|Story| Reuters
May 20, 2013
|Story| McClatchy-Tribune
May 18, 2013
|Story| South Florida Sun-Sentinel
May 19, 2013
|Story| McClatchy-Tribune
May 19, 2013
|Story| McClatchy-Tribune
May 18, 2013
|Story| McClatchy-Tribune
May 17, 2013
|Story| Reuters
May 17, 2013
|Story| Reuters
May 17, 2013
|Story| Los Angeles Times
May 17, 2013
|Story| Reuters
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