A few principles to guide us in mortgage origination/lending/securitization for the future: Remarks by Sheila C. Bair, Chairman, Federal Deposit Insurance Corporation on The Future of Mortgage Finance at the 2008 Annual Meeting National Association for Business Economics; Washington, D.C. October 6, 2008 I’m most honored to be here today. Thanks for [...]
Sheila C. Bair, Chairman, FDIC on The Future of Mortgage Finance
October 6th, 2008 · No Comments · Markets
1999 : Fannie Mae Eases Credit To Aid Mortgage Lending
September 30th, 2008 · 2 Comments · Markets
A worthwhile lookback . . . . Copyright 2008 The New York Times Company September 30, 1999 Fannie Mae Eases Credit To Aid Mortgage Lending By STEVEN A. HOLMES In a move that could help increase home ownership rates among minorities and low-income consumers, the Fannie Mae Corporation is easing the credit requirements on loans [...]
Tags: Fannie Mae·mortgage·Raines
Level 3 Assets and the SEC
April 10th, 2008 · No Comments · Markets
Led by Sec Hank Paulson(Treasury), Ben Bernanke(Federal Reserve), Chris Cox(SEC), many institutions are working to resolve the problems related to mortgage related assets. This letter from the SEC is an example: Sample Letter Sent to Public Companies on MD&A Disclosure Regarding the Application of SFAS 157 (Fair Value Measurements) In March 2008, the Division of Corporation Finance [...]
Tags: Level 3 Assets·mortgage