| Friday January 29th 2016 |
New filing in the Fairholme case, click here to view.
Read a detailed explanation of the filing at www.cornerofberkshireandfairfax.ca/ |
| If Trump Wins The White House, FNMA Soars – Jason Bond Picks |
| Pershing Square’s New Presentation, Part 2 – GuruFocus |
| City Leaders Call On Fannie Mae To Stop Sale Of Delinquent Mortgages – Valuewalk |
| Fannie Mae December 2015 Monthly Summary – fanniemae.com |
| Freddie Mac January 2015 Insight and Outlook – freddiemac.com |
Form 8-K for Federal National Mortgage Association Fannie Mae – Yahoo
From 1/15. “Mr. Frater was a Founding Partner and Managing Director of BlackRock” and is now on the FNMA Board of Directors. |
Pershing Square Holdings 2015 Annual Update Presentation – Pershing Square Holdings
GSEs start on page 82. |
Do GSE Plaintiffs Have a Shot in State Court Regarding the Earnings ‘Sweep’? – Inside Mortgage Finance
Registration required, but it’s free to register. |
|
| Thursday January 28th 2016 |
New filing in the Jacobs and Hindes case, click here to view.
Read more at GlenBradford.com |
| A Major Shift in Housing Demand is Currently Underway – RISMedia |
Subprime Reasoning on Housing – NY Times
GSEs not mentioned. |
| Fast and Curious: The Futility of Hiding What is Known – TH717.wordpress.com |
Ex-Fannie Mae Boss Mudd Pushes for Dismissal of SEC’s Fraud Suit – DS News
Basically the same article from yesterday. |
| 07/08/2008 – Fannie, Freddie Adequately Capitalized: Lockhart – CNBC |
|
| Wednesday January 27th 2016 |
| Joe Light Clarifies Parrott Deposition: DOJ States No Fifth Amendment Invoked – timhoward717.com |
| Fighting Through Fannie, Freddie Redactions — Market Talk – iHub |
| New Shelby campaign ad highlights senator’s opposition to Wall Street bailout – al.com |
| Ex-Fannie Mae CEO urges U.S. judge to toss SEC fraud case – Yahoo |
| Ex-Fannie Mae boss’s lawyer: SEC lacks civil fraud evidence – Yahoo |
| Freddie Mac’s Mortgage Investment Portfolio Changes Course – The MReport |
| Fannie Mae Prices $945.7 Million Multifamily DUS REMIC (FNA 2016-M1) Under Its GeMS™ Program – Seeking Alpha |
Here’s Why Apple’s Stock Is A Sell – Fortune
FNMA is mentioned. |
|
| Tuesday January 26th 2016 |
| Judge Sweeney Order filed under seal – GlenBradford.com |
We Can Reduce the GSEs’ Risk Without Congress – American Banker
By Mark Calabria |
| Fannie Mae, Freddie Mac Gear Up for Another Year of Heavy Lending – National Real Estate Investor |
| $FNMA rumor of the secret filing? – GlenBradford.com |
| A China bank contagion could blow up global markets – CNBC |
| Freddie Mac Monthly Volume Summary: December 2015 – freddiemac.com |
| David Fiderer tweets about Jeb Hensarling – Twitter |
| House price gains push past 2007 peaks, FHFA says – MarketWatch |
| Pershing Square 2015 Letter: 2015 is a year we will not forget – Valuewalk |
|
| Monday January 25th 2016 |
| Sealed filings in the Fairholme case – GlenBradford.com |
| “Silence Is Often Evidence Of The Most Persuasive Character.” -Justice Brandeis – timhoward717.com |
Fast and Curious: The Futility of Hiding What is Known – Investors Unite
Same article from Valuewalk |
| Freddie Unveils First NPL Auction of 2016: $1.6B of Loans Serviced by NSM; At Least $7.1B Queued Up? – iHub via Inside Mortgage Finance |
@JonAPrior tweet
Requires access to Politico Pro.
The Politico Pro article referenced the following:
The Budget and Economic Outlook: 2016 to 2026 – cbo.gov
Budgetary Impact of Major Federal Programs that Guarantee Mortgages—CBO’s January 2016 Baseline – cbo.gov |
| Mortgage Credit: The Private/Public Paradox – Real Estate Economy Watch |
| Recent refinances appear safer credit bets than purchase originations, AEI says – Scotsman Guide |
| RMBS Settlements Not Dead Yet – DS News |
| Are FICO Alternatives Becoming the Preferred Standard? – Houston Agent Magazine |
@mcelarier tweet
from 1/22 |
Inside Job – documentary-movie.com
A documentary from 2010. Also added to the ‘Video’ section |
The low tricks of high finance: how greedy bankers, weak politicians and timid journalists could cause a new crash – The Spectator
GSEs not specifically mentioned. |
|
| Sunday January 24th 2016 |
| Jim Parrott’s Deposition May Be Less Than Meets The Eye – Fiderer on GSEs |
| BUZZ-Fannie, Freddie slump to $1; proxy for hedge fund selling? – ubs.wallst.com |
| Interesting tweet from @RuthMantell – Twitter |
|
| Friday January 22nd 2016 |
| Breaking News: Co-Conspirator Jim Parrot Takes The Fifth In Depositon – timhoward717.com |
| Protecting the economy and homeowners: Four ways to restore Fannie and Freddie – Bloomberg Government |
http://www.fixfanniefreddie.com/
The authors of the above article launched the this website. |
| Fannie Mae Lawsuit Updates Bode Well For Shareholders – Seeking Alpha by Glen Bradford |
| Government filed its Response to Fairholme’s Motion to Compel… – GlenBradford.com |
| Fannie Mae Issues $9.8 Billion of Multifamily MBS in the Fourth Quarter of 2015 – fanniemae.com |
| Fox News personality predicts housing crisis, outs self as clueless fear-monger – HousingWire |
08/28/2015 – What happens if you take the Fifth in a civil case? – Washington Post
The article does not mention the GSEs. |
|
| Thursday January 21st 2016 |
| Fannie, Freddie Suit May Get Boost From Former Delaware Judge – Twitter |
|
| Wednesday January 20th 2016 |
| No Longer If But When The Truth Is Shared With All – timhoward717.com |
| iHub user ‘Obiterdictum’ comments on court proceedings: Post #1, Post #2, Post #3 – iHub |
| GSEs: Appeals Court Sets April 15th For Oral Arguments – Valuewalk |
| Defaulting Single-Family Mortgages (by quality) – Ritholtz |
| Fear and Greed Index Hitting a Low and GSE Frienemies – Youtube |
Address by FHFA Director Mel Watt – Bipartisan Policy Center
Director Watt is speaking on 2/18. |
| Any suggestions on FNMA stock? – Reddit |
| Freddie Mac settles with Deloitte in $1.3 billion suit over Taylor, Bean & Whitaker – HousingWire |
| Redwood Trust to Stop Purchasing Loans for Resale to GSEs – National Mortgage News |
| Private Investors Taking on More of the Risk With Credit Risk Transfer Programs – DS News |
|
| Tuesday January 19th 2016 |
Hindes and Jacobs Ask for Virginia & Delaware Supreme Court Opinion – Valueplays
Same article from Valuewalk |
| Is another housing crisis just around the corner? – Fox News |
| DS News Webcast: Tuesday 1/19/2016 – DS News |
Judge rejects Obama’s executive privilege claim over Fast and Furious records – Politico
Not GSE related. |
|
| Monday January 18th 2016 |
| The Truth Has Not Abandoned Us, We Must Not Abandon The Truth: MLK 2016 Tribute – timhoward717.com |
| Will Royal Bank of Scotland be the Next to Settle RMBS Fraud Claims? – DS News |
| Market for Private-Label Mortgage Bonds Is Recovering, but Slowly – WSJ |
08/17/2012 – Treasury Department Announces Further Steps to Expedite Wind Down of Fannie Mae and Freddie Mac – treasury.gov
An interesting look back at the Treasury’s announcement of the 3rd amendment. |
|
| Sunday January 17th 2016 |
| Now Obama Bank Regulators Scheming To Degrade Mortgage Credit Scoring – Investors Business Daily |
Goldman Puts Mortgages and Naked Shorts Behind It – BloombergView
GSEs are not mentioned. |
| What The Big Short Gets Right (and What Politico Gets Wrong) – Roosevelt Institute |
|
| Saturday January 16th 2016 |
| Are GSEs the new Fed for Housing – Valuewalk |
| 04/23/2014 – Discouraging Private Capital By Changing the Rules at the Finish Line: Fannie Mae and Freddie Mac – The Delaware Bay Company |
|
| Friday January 15th 2016 |
The Real Story Behind Fannie and Freddie – Wall St. Daily
“Fannie and Freddie were never really in trouble during and after the financial crisis.
Rather, they were seized by the government in order to provide a backdoor bailout to truly vulnerable large banks and simultaneously restore confidence to the traumatized financial markets.” |
Advocating For Government Seizure – The Daily Caller
“…the Better Markets brief appears as politically driven as it is factually inaccurate.” |
| How to fix Fannie and Freddie – Politico |
| Court Schedules – iHub |
| What “The Big Short” Gets Right—and Wrong – knowledge.edu |
Across the U.S., housing prices should rise solidly and renters will face greater expenses – Star Tribune
By Mark Zandi |
News Media Giants Rip Into Faniie Mae and Freddie Mac – Inside Mortgage Finance
Registration Required |
| Is settlement looming between U.S. and RBS over pre-crisis mortgage bonds? – HousingWire |
| RBS settlement on U.S. mortgages could come within weeks: analysts – Reuters |
|
| Thursday January 14th 2016 |
| Whitewashing Corporate Fraud: Boston Fed Edition – Fiderer on GSEs |
| Fannie/Freddie Business with Private MI Fell in 4Q; A Shift to FHA/VA? – iHub via Inside Mortgage Finance |
There is Time to Fix the GSEs – Use it Wisely – Investors Unite
Same article from Valuewalk |
| Goldman just got wiped out – Business Insider |
| Goldman Sachs reaches $5 billion settlement over toxic mortgage bond claims – HousingWire |
| Goldman to Pay Up to $5 Billion to Settle Claims of Faulty Mortgages – NY Times |
| Where Was Obama’s Victory Lap on Financial Reform? – American Banker |
| Under Contract – The Hill |
|
| Wednesday January 13th 2016 |
House Democrats Call for Federal Investigation of Warren Buffett’s Manufactured Housing Conglomerate – Corporate Crime Reporter
No mention of the GSEs. |
| Fannie Mae Shares Hit New Low – WSJ |
EDITORIAL: Fannie Mae borrows trouble with new mortgage program – Las Vegas Review-Journal
Some good comments after the article. |
| How Effective are Fannie Mae and Freddie Mac at Preventing Foreclosures? – DS News |
| ‘The Big Short’: A Tale of Stupidity, Greed, and Corruption – Huffington Post |
|
| Tuesday January 12th 2016 |
| Movie renews debate on crisis – philly.com |
| There’s still time to fix Fannie and Freddie – HousingWire |
| Housing Credit Availability Index – Urban Institute |
| Who’s a ‘SIFI’? Fannie and Freddie, for starters – AEI |
|
| Monday January 11th 2016 |
| How the Feds Abuse Fannie and Freddie – The National Law Journal |
| Will Obama Even Touch the Mortgage Industry in his Last State of the Union Speech? – DS News |
| Financial Crisis Still Divides GOP, Democrats – WSJ |
|
| Saturday January 9th 2016 |
| Off The Lows! Rebound Picks For 2016 – Seeking Alpha |
|
| Friday January 8th 2016 |
The United States Zestimate is Here! – National Real Estate Post Video
Start the video at 2:08. They discuss the Fannie Mae office consolidation in Plano and firearms. |
| FANNIEGATE: The Big Short – The Saga Of Fannie Mae & Freddie Mac – Valuewalk |
| ‘The Big Short’ Is No Tall Tale – Retirement Income Journal |
|
| Thursday January 7th 2016 |
The Washington Post Also Got a Lot Wrong in Parting Shots at Fannie and Freddie as 2015 Ended – Investors Unite
Same article from Valuewalk |
Five Legislative Battles to Watch in 2016 – cujournal.com
See Battle #4 |
| What’s ahead for the housing market in 2016 – Washington Post |
The false narrative about the financial crisis goes Hollywood – AEI
Good comments after the article. |
| The Big Short Reinforces a Widespread Misperception About the Financial Crisis – Huffington Post |
| Urban Institute: More non-performing loans should be sold to private investors – HousingWire |
Voters, Your Rent Is Too Darn High – BloombergView
“removing (the GSEs) as the only real secondary-market player would likely trigger another mortgage crisis.” |
| 12/23/2011 – The Big Lie – The NY Times |
|
| Wednesday January 6th 2016 |
| Definitive Story on Subprime Fraud Ignored 11 Years Ago – David Fiderer Blog |
| The Big Short and the Bigger Myth About Fannie and Freddie – Inside Sources |
| The Wall Street Journal Takes Aim at Risk Sharing and Ignores the Law – Investors Unite |
| The ‘Big Short’ Gets It Right – BloombergView |
| Fannie Mae picks location for major Dallas-area office consolidation – HousingWire |
| Freddie Mac announces partnership with Lenders One – HousingWire |
| What Will it Take to Get Private Capital Back into Jumbo RMBS in 2016? – DS News |
03/27/2014 – The Wrong Remedy for Fannie and Freddie – WSJ
By Josh Rosner |
| 09/12/2008 – Fannie Mae’s and Freddie Mac’s Financial Problems: Frequently Asked Questions – fpc.state.gov |
02/04/2005 – Workers Say Lender Ran ‘Boiler Rooms’ – LA Times
This was cited in David Fiderer’s blog post today. |
|
| Tuesday January 5th 2016 |
Watchdog Calls for DOJ Investigation of Mortgage Bankers CEO – cutimes.com
Registration required, but it’s free to register. |
| Better Markets Fails to Disclose Troubling Conflict of Interest in Recent Amicus Brief Filing – Investors Unite |
11 Policymakers to Watch in 2016 – American Banker
Mel Watt at #4 |
The Big Short is a Great Movie, But… – Zero Hedge
@Ny1david tweets about the article |
| Poor Dude’s mostly GSE comments – Seeking Alpha |
| Freddie Mac announces first credit risk-sharing deal of 2016 – HousingWire |
| Toxic Twins’ Potentially Poisonous New Brew – WSJ |
| 11/21/2013 – Ousted Fannie Mae CFO Tells His Side of the Story – American Banker |
|
| Monday January 4th 2016 |
| False Equivalency of the Week: GSE Risk Sharing Like Synthetic CDOs – David Fiderer Blog |
| GSEs are the most active OTCQB stocks – Twitter |
| Fannie Mae’s Mortgage Portfolio Contracts for Eighth Straight Month – DS News |
| The Big Short – Inside Sources |
| @JoshRosner has some questions for Peter J. Wallison – Twitter |
| Here’s how to stop credit unions from dying – HousingWire |
| GSE Discussion – Reddit |
Jim Millstein on Fannie Mae, Freddie Mac – Bloomberg Video
Not sure on the date of this one, 2014 maybe? |
| 01/17/2011 – Wall Street, Not Fannie and Freddie, Led Mortgage Meltdown – The Daily Beast |
|
| Sunday January 3rd 2016 |
| In 2016, Fannie Mae & Freddie Mac Will Return To 2007 Lending Practices (So What?) – Valuewalk |
|
| Saturday January 2nd 2016 |
| Anyone Who Acted On Fox Business and Charlie Gasparinos “Greenberg Delusion” Nailed The 52 Week High: Epic 2015 Fail – timhoward717.com |
| Two Cheers for Fannie and Freddie Synthetic CDO – creditslips.org |
Top Trades for 2016: What Investors Should Know – Bloomberg Video
GSE mention starts at 1:06. |