TITLE

Reports on GSEs' Capital Put on Hold

AUTHOR(S)
Sloan, Steven
PUB. DATE
October 2008
SOURCE
American Banker;10/10/2008, Vol. 173 Issue 197, p20
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The author reports that quarterly classifications by the U.S. Federal Housing Finance Agency (FHFA) for the companies Fannie Mae and Freddie Mac will be stopped temporarily. The author states that the classifications will not be made while Freddie Mac and Fannie Mae are under conservatorship. The opinions of James Lockhart, the director of the FHFA, regarding the amount of capital available at Fannie Mae and Freddie Mac are presented.
ACCESSION #
34760286

 

Related Articles

  • Streamlining the Streamlined. Colter, Allison Bisbey // American Banker;2/12/2009, Vol. 174 Issue 29, p8 

    This article reports that Fannie Mae and Freddie Mac will be streamlining their loan modification program to accommodate more borrowers. James Lockhart of the Federal Housing Finance Agency said that they were disappointed with the results of the program and that they would be more aggressive in...

  • GSEs May Be Forced To Deal on Loan Mods. Adler, Joe; Flitter, Emily // American Banker;9/10/2008, Vol. 173 Issue 175, p1 

    The author reports that the companies Fannie Mae and Freddie Mac may be required by the U.S. Federal Housing Finance Agency to start handling loan modifications. Comments by James Lockhart, the director of the Federal Housing Finance Agency, regarding the agency's efforts to require Fannie Mae...

  • Lockhart Interprets Refi Rules for GSEs. Berry, Kate // American Banker;2/23/2009, Vol. 174 Issue 35, p11 

    The article reports that James Lockhart, director of the U.S. Federal Housing Finance Agency, ruled that homeowners may refinance so-called "underwater" mortgage loans worth more than the market value of their homes with government-owned businesses Fannie Mae and Freddie Mac without purchasing...

  • Loan Mods at 4K In August for GSEs. Flitter, Emily // American Banker;11/26/2008, Vol. 173 Issue 229, p20 

    The article reports that mortgage loan servicers made 4,402 loan modifications in August, 2008 out of 31 million mortgages guaranteed by government sponsored enterprises Fannie Mae and Freddie Mac. The U.S. Federal Housing Finance Agency (FHFA) reported the numbers on November 25, 2008. James...

  • FHFA: Conservatorship a 'Serious' Test. Sloan, Steven // American Banker;7/10/2009, Vol. 174 Issue 131, p16 

    The article reports that the U.S. Federal Housing Finance Agency (FHFA) considers conservatorship of Fannie Mae and Freddie Mac to pose a substantial challenge. FHFA director James Lockhart observed that both Freddie and Fannie could leave conservatorship within 18 months, although he did not...

  • GSEs Break With FHFA on Review Rule. Flitter, Emily; Blackwell, Rob // American Banker;9/3/2009, Vol. 174 Issue 167, p1 

    The author reports on efforts by the companies Fannie Mae and Freddie Mac to alter regulations that require them to submit products and services for review before they are released to the public. A letter written by Fannie Mae and Freddie Mac to the U.S. Federal Housing Finance Agency (FHFA) in...

  • Workout Evangelism. Colter, Allison Bishey // American Banker;1/22/2009, Vol. 174 Issue 14, p6 

    The article reports that the U.S. Federal Housing Finance Agency (FHFA) is attempting to convince private-label mortgage backed securities providers to streamline their business practices. It is noted that the trend has been started by Fannie Mae and Freddie Mac in December 2008. James Lockhart,...

  • GSEs Were Tough Job. Collins, Brian // National Mortgage News;8/10/2009, Vol. 33 Issue 44, p1 

    The article focuses on James Lockhart's success to regulate and stabilize the housing market and the government sponsored enterprises (GSE) in the U.S. It mentions that Lockhart has kept Fannie Mae and Freddie Mac to settle their accounting and internal controls after the reported accounting...

  • Lockhart on GSEs and Systemic Risk. Kaper, Stacy // American Banker;6/4/2009, Vol. 174 Issue 106, p3 

    The article discusses Federal Housing Finance Agency Director James Lockhart and Fannie Mae and Freddie Mac. Lockhart presented ideas for Fannie Mae and Freddie Mac at a House Financial Services capital markets subcommittee meeting and announced he was in favor of the Federal Housing Finance...

Share

Read the Article

Courtesy of NEW JERSEY STATE LIBRARY

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics