fannie mae: Mortgage Servicing Fees Become An Area of Concern - 01/19/11 04:06 AM
Mortgage servicing fees become an area of concern in the wake of the mortgage meltdown. However, the concern is heighten subsequent to the Robo-Signing Scandal. Now with the spotlight squarely focused on the fee structure, the Federal Housing Finance Agency has given marching orders to Freddie Mac and Fannie Mae to work with the Department of Housing and Urban Development to come up with a proposal for a new fee structure and improved standards.
While there is keen interest in fee restructuring to better serve the current market, people like Shelia Blair of the Federal Deposit Insurance Corporation want standards implemented that would require … (3 comments)

fannie mae: Defrauding America and the Global Catastrophe - 01/18/11 05:20 AM
The defrauding America and the global catastrophe has created much speculation. From all accounts, including Capitol Hill, the culprits were Fannie Mae and Freddie Mac. The "GOP.gov, the official website for Republicans in the House of Representatives, says flatly: "Fannie Mae and Freddie Mac were the main cause of the nation's current financial turmoil."  The names of these two institutions have been bantered about with ease as the the primary cause of the mortgage meltdown.
The verdict was without merit, primarily because there was no evaluation of the facts to render such a decision. Now that the dust has settled,  a proper … (3 comments)

fannie mae: World Markets Respond to Freddie & Fannie Bailout - 09/09/08 02:53 PM
Alas, I hear the cry.............The global voices have spoken in response to the Freddie & Fannie bailout. Could it be that they were reading our blogposts and all of the attached commentary? The initial excitement has given way to a pause. There is a need to understand the American plan for economic recovery. The problem is, a comprehensive plan has yet to be designed, let alone announced.
No less important to the American people, the need for a comprehensive plan is required to stimulate all sectors of our economy. There will be no recovery in any market sector without a comprehensive … (0 comments)

fannie mae: Measure For Measure at 5.3 Trillion Dollars In Assets - 09/07/08 08:36 AM
There has been a lot of chatter about the Fannie Mac and Freddie Mac dilemma. The comments have run the gamut from the impact on the foreign investors to the impact on the national housing market. So the question becomes what is the real skinny on the issue? Well today the New York Times took a stab at covering the issue in two articles. One of the articles is entitled:Mortgage Giant Overstated the Size of Its Capital Base and the other is Mortgage Giants Agreeable to Rescue Plan, But its Cost is Unknown.
 Let's take the first article, in point … (10 comments)

 
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William Collins, Vice President

Scotch Plains, NJ

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FirstService Residential Realty

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