Tag Archives: Feds

Fannie Mae: From Ward of the State to Cash Cow

When Fannie Mae was bleeding cash back in 2008, the government took it into conservatorship, which allowed Fannie Mae to draw funds from the Treasury to stay afloat. In return, the government took senior preferred shares of the company. Fannie … Continue reading

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Foreclosure Deals: 2013′s Best and Worst

Phoenix, San Francisco, Los Angeles, Detroit and San Diego all saw a drop in foreclosure activity. But the numbers went the opposite direction in Tampa, Miami, Baltimore, Chicago and New York. “Markets with increasing foreclosure activity in 2012 took the … Continue reading

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Mortgage Delinquencies Turn a Corner

Page 1 of 2 | Next PageShow Entire Article Fewer Americans are falling behind on their mortgage payments; in fact, the fewest in two years. Mortgages just one payment past due (30 days) fell to their lowest level since just … Continue reading

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