TITLE

Assessing Risks and Potential Benefits of GSE Seizure

AUTHOR(S)
Sloan, Steven; Kaper, Stacy
PUB. DATE
September 2008
SOURCE
American Banker;9/12/2008, Vol. 173 Issue 177, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses the potential impact which the seizure of the companies Fannie Mae and Freddie Mac may have on taxpayers. Risks which are discussed in the article include the tying up of taxpayers' money for up to 30 years. The impact which the housing market may have on the actions taken by the U.S. government is discussed.
ACCESSION #
34291593

 

Related Articles

  • UBS Sees Modest Portfolio Growth for Fannie Mae & Freddie Mac.  // National Mortgage News;1/15/07, Vol. 31 Issue 16, p17 

    The article reports that analysts from UBS expect a limited growth in GSE debt issuance for 2007 in the U.S., coupled with a continuation of tight spreads in the mortgage market. UBS also predicted that Fannie Mae and Freddie Mac may become more active traders in the mortgage-backed securities...

  • Prepay Speeds Holding Steady in Recent Monthly Data. Peters, Terry // Mortgage Servicing News;Jun2007, Vol. 11 Issue 5, p6 

    The article focuses on the status of repayment rates for 30-year mortgages in Fannie Mae and Freddie Mac mortgage-backed securities in the U.S. According to the Bear Stearns Prepayment Commentary, those companies made little changes to its repayment rates. It is claimed that the aggregate speed...

  • Fussing and Fuming over Fannie and Freddie: How Much Smoke, How Much Fire?  // Working Paper Series (Federal Reserve Bank of Atlanta);Oct2004, Vol. 2004 Issue 26, p1 

    Focuses on the generalist's guide to the functions performed by the Federal National Mortgage Association and the Federal Home Loan Mortgage Corp. in the residential mortgage financial markets in the U.S. Changes in the structure of the residential mortgage markets; Process of mortgage...

  • Ocwen's Aggresive Loan Mods Rile RMBS Investors. Hinze, John // Asset Securitization Report;Dec2013, Vol. 13 Issue 12, p24 

    The article offers information on the mortgage servicing rights regarding modification of residential mortgage-backed security (RMBS) in reference to the Ocwen Financial Corp. It informs that Ocwen assumed the rights to servicer for 30 billion U.S. dollars of unpaid balances related to Freddie...

  • As Tensions with Lenders Rise, Fannie, Freddie Try to Soothe. TIMMONS, HEATHER // American Banker;6/11/1999, Vol. 164 Issue 111, p10 

    Reports on efforts by the Federal National Mortgage Association (Fannie) and Federal Home Loan Mortgage Corp. (Freddie) to ease mounting concerns of lenders about the influence of Fannie and Freddie. Lenders' formation of group called the Competitive Consumer Lending Coalition to curb Fannie...

  • S&P: Fannie, Freddie have reduced risk, earning better debt rating. Prakash, Snigdha // American Banker;3/27/1997, Vol. 162 Issue 59, p12 

    Reports on the study conducted by Standard & Poor's on the financial health of the two government-sponsored mortgage loan servicing agencies, Federal National Mortgage Association and Federal Home Loan Mortgage Corp. Rating of the agencies' credit risk; Competitiveness of the agencies;...

  • Freddie Mac hits goal for low-income loans, misses inner-city target.  // American Banker;3/8/1996, Vol. 161 Issue 46, p8 

    Reports on the Federal Home Loan Mortgage Corp.'s announcement that it has met its goal of purchasing mortgages made to low- and moderate-income buyers in 1995. Failure to meet its goal in inner-city lending; Number of units financed by the Federal National Mortgage Association for low- and...

  • Fannie, Freddie support early registration of loans on Mers electronic system. La Monica, Paul R. // American Banker;10/27/1997, Vol. 162 Issue 207, p10 

    Focuses on US Federal National Mortgage Association and US Federal Home Loan Mortgage Corp.'s support for Mers, an electronic registration system that tracks ownership of mortgage servicing rights. Listing of Mortgage Electronic Registration Systems Inc. as the mortgagee of record on mortgage...

  • Securitization of servicing may be boon to regulators. Talley, Karen // American Banker;7/2/1996, Vol. 161 Issue 126, p10 

    Reports on separate proposals by the Federal National Mortgage Association and the Federal Home Loan Mortgage Corp. to securitize servicing rights. Proposal to allow mortgage bankers to include revenues from servicing rights with the loans they want to securitize; Opposition from Wall Street...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics