Fannie Mae and Freddie Mac are government sponsored entities (GSEs): federally chartered private corporations that have served the public interest since 1968 by backing mortgage loans for the majority of American home buyers.. On August 28, 2015 Dick Bove, an analyst at Rafferty Capital Markets, suggested a settlement is near because.

fnma fmcc fannie mae shareholders blog DD freddie mac common shareholder GSE reform. Fannie Mae Shareholders Fannie Mae Shareholder information and fairness for Fannie Mae and Freddie Mac. Not investment advice. FNMA FMCC. Pages. Home; PVCT shareholder blog. Why the FHFA took over Fannie and.

Dick Bove: Likelihood of settlement over Fannie, Freddie sweep growing A client note from Richard Bove, vice president of Equity Research at Rafferty Capital Management, supports what a growing number of observers say – that the government is in a bad position regarding the Third Amendment Sweep of shareholder profits, and is likely to settle with shareholders.

Econ Focus (Federal Reserve Bank of Richmond), Fall 2005, Volume 9, Number 4 by Federal Reserve Bank of Richmond

It would not be so bad for the president if a sizable fraction of the electorate shared his continuing optimistic delusions. Instead, in cities, towns and countryside, plain people of both political.

CFPB fines real estate firm over RESPA violations CFPB Fines Realty Firm $500K Over RESPA Disclosures.. On May 28, the CFPB ordered the largest real estate company in Alabama to pay a $500,000 civil penalty to settle claims that the company provided inadequate disclosures of its relationship with an affiliated title insurance company. The.

Starting in 2012, Fannie and Freddie were forced to pay 100 percent of their net income to the Treasury in what was called a "net-worth sweep," leaving the two GSEs’ common shares essentially.

Joe Biden: After playing the nice guy for most of the campaign, Biden seemed to boil over last night — particularly at Obama and Edwards. Biden and Connecticut Sen. Chris Dodd have clearly been.

Ferguson real estate market slow in wake of riots NY Court signs off on $8.5B BofA settlement over pooled mortgages CoreLogic: Negative equity props up home prices in toughest markets CoreLogic: Negative equity props up home prices in toughest markets. The negative equity problem may actually be pushing up home prices at the bottom of some of the hardest-hit housing markets, according to a report from CoreLogic. The national supply of unsold homes dropped to 6.5 months in April from nine months last June.After more than two years of legal wrangling, a New york judge signed off on a controversial .5 billion settlement between Bank of America (BAC) and The Bank of New York Mellon over toxic.

 · Fannie Mae shakes up management team Mortgage finance giant Fannie Mae shook up its executive ranks Wednesday, after shares in it and sibling company freddie mac rose for a third straight day as investors appeared less certain a government bailout of.

While such a conversion would cause dilution to Fannie and Freddie shares, ending the net worth sweep should more than make up for this dilution. However, any dilution that occurs would likely lower the value of Fannie and Freddie shares from Ackman’s $23 to $47 bullish estimate.

Are there troubling trends in the new 2013 HMDA data? FHA to increase mortgage insurance premiums one quarter of one point Even with savings on the down payment, many fha loan holders feel the impact of monthly mortgage insurance payments and added premiums. The FHA rate reduction saved one million borrowers, on average, $500 a year. Fees were cut by a quarter of a percentage point (0.25 percentage points) of the total borrowed amount.The CFPB is a data-driven agency, and the new HMDA reporting requirements are likely to drive consistency across the industry and encourage the use of automated processes. Each institution can benefit from knowing how its unique hmda data profile will help it prepare for examinations and identify needed changes.