Freddie Mac

Buying A Fannie Mae or Freddie Mac Foreclosure? Chances Are It Was A Meth Lab

Are Fannie Mae And Freddie Mac REO Properties Former Meth Labs?  I posted a piece about 6 months ago regarding a young Oregon couple who bought a Freddie Mac foreclosure as a starter home. They soon discovered after moving in that the property had a long history as a meth lab. The local cops knew […]

FHFA Wants To Merge Fannie & Freddie To Create Super GSE

Steve Dibert, MFI-Miami FHFA Acting Director Ed DeMarco laid out a plan today to merge lending giants Fannie Mae and Freddie Mac into one entity and create a new GSE that could be eventually be sold off to private investors. The Government Sponsored Enterprises or GSEs  that hold nearly two-thirds of the mortgage notes in […]

FHFA Says Their Market Manipulation Scheme Is Working

Steve Dibert, MFI-Miami The online housing site, Housing Wire cited a report yesterday from FHFA indicating that housing values have increased by 1.4% for the fourth quarter of 2012 and up 5.5% from the fourth quarter of 2011. As anyone who does real estate investing can tell you, this is not a big surprise since for […]

Mysterious Freeway Signs In Detroit Call For Obama To Sack FHFA Director DeMarco

As American Politicians Bury their Head In The Sand, Homeowners Are Taking Action Steve Dibert, MFI-Miami Mysterious St. Valentine’s Day banners have sprung up on the freeway overpasses in Detroit this morning calling on President Obama to sack the unpopular Acting Director of the Federal Housing and Finance Agency or FHFA.  FHFA is the government agency […]

Libor Manipulation Cost Fannie Mae and Freddie Mac $3 Billion

Mark Gongloff, Huffington Post Libor manipulation cost Fannie Mae and Freddie Mac more than $3 billion, according to an estimate by a government watchdog, who recommends the government-owned mortgage giants sue the big banks. That estimate and legal advice were made in a private report by Steve Linick, the inspector general for the Federal Housing […]

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