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A collection of news and information related to Fannie Mae published by this site and its partners.
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Fannie Mae sets out new rules to smooth foreclosures
Fannie Mae on Monday detailed a list of new rules for home mortgage servicers aimed at streamlining the foreclosure process.
The new standards under the Federal Housing Finance Agency's Servicing Alignment Initiative would seek to speed up the...Tags: Mortgages, Financial and Business Services, Real Estate
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Fannie Mae sells $2.0 bln bills at lower rates
ReutersMay 22 (Reuters) - Fannie Mae, the largest U.S. home funding source, said on Wednesday it sold $2.0 billion of benchmark bills at lower interest rates compared with last week's sale of similar maturities. Fannie Mae said it sold $1.0 billion of three-... -
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: Board of Directors, U.S. Securities and Exchange Commission, Elections, Walgreen Co., Insurance
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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: Federal Reserve, Central Bank, Money and Monetary Policy, Economy, Business and Finance, Finance
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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... -
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: Susan G. Komen for the Cure, Breast Cancer, West Palm Beach, Palm Beach (Palm Beach, Florida), Human Interest
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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: Condos, Auction Service, Services and Shopping, Finance, The Miami Herald
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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: Interior Policy, Rentals, Disasters and Accidents, Services and Shopping, Finance
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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: Mortgages, Financial and Business Services, Chicago Mortgages, Local Government, Economy, Business and Finance
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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: Taxation, Republican Party, Services and Shopping, Finance, Financially Distressed Companies
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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: Congressional Budget Office, Local Government, Government Debt, Finance, Budgets and Budgeting
Jun 6, 2011
|Story| Chicago Breaking Business
May 25, 2011
|Story| Chicago Breaking Business
May 22, 2013
|Story| Reuters
May 21, 2013
|Story| Chicago Tribune
May 21, 2013
|Story| Reuters
May 20, 2013
|Story| Reuters
May 18, 2013
|Story| South Florida Sun-Sentinel
May 20, 2013
|Story| McClatchy-Tribune
May 19, 2013
|Story| McClatchy-Tribune
May 19, 2013
|Story| McClatchy-Tribune
May 18, 2013
|Story| McClatchy-Tribune
May 17, 2013
|Story| Reuters
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