government own 56 percent of mortgages

September 04, 2010|Sam Mamudi, MarketWatch

Fannie Mae - Wikipedia, the free encyclopedia
It is a government-sponsored enterprise (GSE), though it has been a publicly . At its bottom, I would estimate a 30 to 35 percent correction for the average home. . Fannie Mae may also securitize mortgages from its own loan portfolio and sell . [56] Vernon L. Smith, 2002 Nobel Laureate in economics, has called FHLMC .
http://en.wikipedia.org/wiki/Fannie_Mae

'Mortgage relief' deal won't stop one foreclosure
Feb 18, 2012 . A settlement has been trumpeted between the federal government and 49 state attorneys . loans, which encompass at least 56 percent of all mortgages. . and taxpayer-funded agencies that insure and own mortgage loans.
http://www.workers.org/2012/us/mortgage_deal_0223/

Millions Miss Out On New Mortgage Help Plans | HomeFinder.com
In basic terms the idea is to divide the world of mortgage borrowers into three groups: those . If you have a toxic loan you may qualify for help, the government says . about 56 percent of all single-family mortgages, the mortgages they own or .
http://www.homefinder.com/content/Buying-Guide:Millions_Miss_Out_On_New_Mortgage_Help_Plans

Good News for Those Caught in a Mortgage - Oprah.com
Right now mortgage rates are near historic lows: about 4 to 5 percent for a 30- year . though, and your mortgage must be owned or backed by either Fannie Mae or Freddie Mac (56 percent of mortgages are). . If it is above 31 percent, the federal government will offer your lender financial incentives to lower your mortgage .
http://www.oprah.com/money/The-Loan-Modification-Program-Suze-Orman-Financial-Advice

HUD's Donovan Tells Remarkable Whoppers About Settlement to ...
Feb 15, 2012 . The Association of Mortgage Investors formally expressed its reservations about . loans, which encompass at least 56 percent of all mortgages. . These government-controlled institutions together own or insure 75 percent .
http://www.nakedcapitalism.com/2012/02/huds-donovan-tells-remarkable-whoppers-about-settlement-to-mortgage-investors-and-pari-passu-101-or-why-this-matters.html

The Spanish Financial Crisis | University of Iowa Center for ...
In early 2011, Portugal's Prime Minister quit after the government was unable to agree . By 2009, cajas owned 56 percent of the country's mortgages, and loan .
http://blogs.law.uiowa.edu/ebook/content/spanish-financial-crisis

Q&A with Jim Lockhart
In my view, as they own or guarantee 56 percent of the mortgages in this country, providing stability and liquidity in the mortgage market will help them and their .
http://www.robertstoweengland.com/index.php/writer/617-qaa-with-jim-lockhart

Not for everyone

Finnair Q1 loss narrows on strong revenue growth - San Jose ...
5 days ago . The airline is 56 percent government-owned and employs some 7200 people, down from 7500 a year earlier. In 2011, more than 8 million .
http://www.mercurynews.com/business/ci_20496019/finnair-q1-loss-narrows-strong-revenue-growth

What Happened on September 7?
The US government took control of Fannie Mae and Freddie Mac. (2008) The two companies owned 56 percent of the mortgages in the US when the economic .
http://www.wisegeek.com/what-happened-on-september-7.htm

Finnair's first quarter loss narrows to $27 million on strong revenue ...
5 days ago . The airline is 56 percent government-owned and employs some 7200 people, down from 7500 a year earlier. In 2011, more than 8 million .
http://www.startribune.com/business/149250315.html

The Next Banking Crisis
Dec 6, 2010. an extended deposition from a clerk for the mortgage giant GMAC, . billion bailout in 2009 and became 56 percent government -- owned.
http://prospect.org/article/next-banking-crisis-0

Mortgage fraud, bank bailouts continue - Bail Out the People-Not the ...
With the federal government having essentially nationalized the mortgage industry . Freddie Mac own or guarantee 56 percent of single-family mortgages worth .
http://www.bailoutthepeople.org/mortgage-fraud-bank-bailouts-continue.shtml

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Freddie Mac Betting Against Struggling Homeowners : NPR
Jan 30, 2012 . [8 min 56 sec] . Freddie Mac, a taxpayer-owned mortgage company, is supposed to make . Freddie Mac: Mortgage giants Freddie Mac and Fannie Mae were government-sponsored enterprises that . Rates for 30-year fixed-rate mortgages have remained below 4 percent for several weeks in a row.
http://www.npr.org/2012/01/30/145995636/freddie-mac-betting-against-struggling-homeowners

Brokers vs Bankers… - MLSLI.com – Long Island Real Estate – Find ...
Doesn't anyone get their mortgage from their own bank, anymore? . mortgage banking group 56 percent of all loans were originated by mortgage companies, .
http://www.mlsli.com/brokersvsbankers.cfm

Our Hidden Government Benefits - NYTimes.com
Sep 19, 2011 . The threat to democracy today is not the size of government but . that 56 percent of Americans said they wanted smaller government and fewer services . unemployment insurance, the home-mortgage-interest deduction and student loans . role in society, even if they have experienced it in their own lives.
http://www.nytimes.com/2011/09/20/opinion/our-hidden-government-benefits.html

and their current financial

Mortgage
Because because of all the government intervention and that is a mortgage markets that the thirty year . your mortgage is no more than 5 percent ..... though, and your mortgage must be owned or backed ..... Mac (56 percent of mortgages are).
http://www.oprah.com/topics/money/mortgage.htm

Banks to Face Tough Reviews, Details of Mortgage Deal Show ...
Mar 12, 2012 . Mortgages held by government-sponsored enterprises like Fannie Mae and . which make up about 56 percent of the $8.8 trillion in mortgage debt in the . To replace this text, go to "Widgets" page and start adding your own .
http://chasehomefinancesux.com/?p=3308