Month: February 2015

There’s a new mortgage crisis brewing: Dick Bove 2/23/15 In 2008, the nation entered into a financial crisis widely believed to have been caused by excesses in the residential mortgage…

Housing: Administration must save dream Print Email 18 hours ago (5) Comments Last December, the Obama administration claimed an impressive victory, boasting that bank and auto industry bailouts had netted…

    Thought you might be interested in the latest court activity. The discovery process has been extended. Here are some interesting quotes/exchanges. If you want the entire transcript: http://www.glenbradford.com/2015/02/fnma-court-transcript/  …

Jump in, jump out, jump all about. The caucus of prisoners of their own dementia continues to berate the two most american businesses with empty threats of nationalization and government…

Treasury, FHFA Are Ignoring the Law in Their Handling of Fannie and Freddie Conservatorships From Bloomberg Law FREE TRIAL By Mark A. Calabria and Michael A. Krimminger Mark A. Calabria…

THE UNITED STATES OF AMERICA, ) Defendant. ) Courtroom 4 Howard T. Markey National Courts Building 717 Madison Place, N.W. Washington, D.C. Wednesday, February 25, 2015 11:00 a.m. Status Conference…

Fannie Mae is not the hero America wants.  But she is the hero America needs.  So we use her.  And blame her.  And go on using her.  Because she can take it. Fannie…

A U.S. bid to dismiss Fannie-Freddie shareholder lawsuits in the Court of Federal Claims likely won’t be decided before 4Q since the parties have agreed to extend a discovery deadline…

edits… well, anyway who knows who is talking, doesn’t matter, point is there are a lot of bullshitters, mulligan too. Someone wrote a lot of bullshit today, don’t act surprised. The…