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Market Watch (Free subscription) | yesterday
NEW YORK (MarketWatch) -- Freddie Mac said Monday it plans to launch a $1 billion reopening of its 4.125% five-year U.S. dollar Reference Notes, maturing in September 2013. The issue, which is also due to price Monday, will bring the size of the five-year notes outstanding to $6 billion, Freddie Mac said. The real-estate lender has issued $49 billion of Reference Notes during 2008 and has a total...
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Market Watch (Free subscription) | yesterday
SAN FRANCISCO (MarketWatch) -- Freddie Mac [S: FRE] on Monday auctioned a $1 billion reopening of its 4.125% five-year USD Reference Notes. The issue priced at 105.645626 or roughly 104.5 basis points more than five-year U.S. Treasury Notes. The issue price represents a 2.861% yield and the bid-to-cover ratio was 2.69 to 1. "Including today's offerings, Freddie Mac has issued $49 billion of Reference...
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PR News Wire (Free subscription) | yesterday
MCLEAN, Va. /PRNewswire-FirstCall/ -- Freddie Mac (NYSE: ) announced today that it plans to launch a $1 billion reopening of its 4.125% five-year USD Reference Notes(R) security that matures on September 27, 2013. The issue will price today, Monday, December 1, 2008, and will settle on Tuesday, December 2, 2008The $1 billion reopening of its 4.125% five-year Reference Notes security will be conducted...
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JammieWearingFool (Free subscription) | 5 hours ago
I wonder what took so long? It's not as if everything else isn't his fault. No mention, naturally, of the name Barney Frank. Time and time again, Frank insisted that Fannie Mae and Freddie Mac were in good shape. Five years ago, for example, when the Bush administration proposed much tighter regulation of the two companies, Frank was adamant that "these two entities, Fannie Mae and Freddie Mac,
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Stop the ACLU (Free subscription) | yesterday
As a lawyer for ACORN, Obama exploited the Community Reinvestment Act to inflict race-based extortion on the mortgage industry, helping to bring about the collapse of Freddie Mac and Fannie Mae, which led in turn to our current economic crisis. Now the same racket is setting it sights directly on Wall Street: In what is apparently [...]
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Ken Nelson (Free subscription) | yesterday
The pension coin GM wants to flip Fannie Mae/Freddie Mac went nuts because they had the backing of the government for their risk. It seems that the Big 3 have a similar deal with their pensions. Given a government “heads you win, tails I lose” setup, why not be silly [...]
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Moonbattery (Free subscription) | yesterday
As a lawyer for ACORN, Obama exploited the Community Reinvestment Act to inflict race-based extortion on the mortgage industry, helping to bring about the collapse of Freddie Mac and Fannie Mae, which led in turn to our current economic crisis....
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The braxton still have last season. (Free subscription) | 30/11/2008
Bloomberg Fannie Mae and Freddie Mac, the largest US mortgage finance companies, will accelerate anti Varicella virus pictures efforts with a new loan modification program designed to cut monthly payments for. Prince of Wales waits as President Sarkozy late for war dead service. Saturday, he said, he did as much business as he would normally do in a week. S axing of singer Toni Braxton, even though...
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Green & Clean @ Vedvarende Energi (Free subscription) | 30/11/2008
To regulate Carbon Dioxide empowers the creation of a carbon trading scheme that is, in essence, the trading of hot air. In fact, carbon trading makes even less sense than the trading of derivatives by Fannie Mae and Freddie Mac. ...
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HYIP News (Free subscription) | 29/11/2008
[industry] The Federal Reserve has announced on today that it will initiate a program to purchase the direct obligations of housing-related government-sponsored enterprises (GSEs) - Fannie Mae, Freddie Mac, and the Federal Home Loan Banks--and mortgage-backed... ... Read More.
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Stockpreacher Penny Stock Blog (Free subscription) | 29/11/2008
4 days ago the US Federal Reserve announced a $600 billion program to buy mortgage-related debt and securities and a $200 billion facility to support consumer debt securities.The U.S. central bank said it would buy up to $100 billion in debt issued by Fannie Mae, Freddie Mac, and the Federal Home Loan Banks. The Fed [...]
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Exposing Liberal Lies (Free subscription) | 29/11/2008
More truths from News Busters about the how we got into our current financial mess: http://newsbusters.org/blogs/tom-blumer/2008/11/24/reason-online-clinton-admin-credited-deregulation-good-1990s-economy “ During the presidential campaign, we constantly heard from Team Obama and the media (excuse the redundancy) was how Republican-inspired deregulation had let evil bankers and capitalists run roughshod...
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Says it is in need of a bailout (Free subscription) | 28/11/2008
S know what they want, and Ultrasone surely knows how to fulfill their needs. Subscribe to a news feed for ultrasone in Google Reader. S Mars Lander dies in the dark. Bloomberg Fannie Mae and Freddie Mac, the largest US mortgage finance companies, will accelerate anti Angelo and vincis efforts with a new loan modification program designed to cut monthly payments for. Hot New Technologies That Will...
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Center for Environment, Commerce & (Free subscription) | 28/11/2008
President Obama and the 111th Congress need to break up the two primary housing government sponsored enterprises (GSE) into 10 regional operations with all of them competing with each other to purchase mortgages. This competition would be much more effective in regulating the GSEs than formal government management. It would also serve to police the issuance of mortgages by mortgage bankers because...
