Category Archives: Federal Housing Finance Agency

Key Events In The Coming Week: All Eyes On The (Jackson) Hole

By silveristhenew | Published August 21, 2017

Absent any major geopolitical shocks, it is set to be a quiet summer week ahead with focus on the Jackson Hole conference. On the data front the key releases will be US durable goods and Eurozone PMIs, as well as Japan inflation & UK and Norway GDP. In Emerging Markets, there are monetary policy meetings […]

Also posted in Barclays, business, Case-Shiller, Chicago Fed, Chicago Fed national activity, Consumer Confidence, Continuing Claims, Dallas Fed, Dallas Federal Reserve, Economy, Economy of the European Union, Euro, europe, European Central Bank, European Union, Eurozone, Federal Reserve Bank of Kansas City, flash, Germany, Gross Domestic Product, Hungary, Initial Jobless Claims, Italy, Janet Yellen, Japan, Jim Reid, Kansas City Fed, Kansas City Federal Reserve Bank, Kazakhstan, Markit, Monetary Policy, New Home Sales, Norway, Organization of Petroleum-Exporting Countries, Permian Basin Petroleum Association, Real-time gross settlement, Richmond Fed, S&P/Case, TARGET2, US Federal Reserve, Volatility | Tagged Federal Reserve, france, north korea | Comments Off

Fannie, Freddie Would Need $100BN Bailout In New Financial Crisis

By silveristhenew | Published August 7, 2017

While the latest Fed stress test found that all US commercial banks have enough capital to survive even an “adverse” stress scenario, a severe recession in which the VIX hypothetically soars to 70, the two US mortgage giants would not be quite so lucky: according to the results from the annual stress test of Fannie […]

Also posted in business, Commercial Real Estate, CPI, Economy, Fannie Mae, Federal takeover of Fannie Mae and Freddie Mac, finance, Freddie Mac, Mel Watt, money, Mortgage industry of the United States, Mortgage-backed security, Real estate, Recession, recovery, Stress Test, Subprime mortgage crisis, U.S. Treasury, UBS, US Federal Reserve, US government, Volatility | Tagged bailout, default, Global Economy, Unemployment | Comments Off

Fannie, Freddie Plunge After Court Rules Hedge Funds Can’t Sue

By silveristhenew | Published February 21, 2017

Moments ago, the stocks of the nationalized GSEs – Fannies and Freddie – tumbled by over 30%, after a federal appeals court upheld a ruling that barred hedge funds from suing to overturn the U.S. government’s 2012 decision to capture billions of dollars in the profits generated by the mortgage guarantors Fannie Mae and Freddie […]

Also posted in American International Group, Bill Ackman, Boies Schiller & Flexner, business, Debt, Economics, Economy, Economy of the United States, Emergency Economic Stabilization Act, Fannie Mae, finance, Freddie Mac, money, Mortgage industry of the United States, Richard Perry, Subprime mortgage crisis, Treasury Department, U.S. Supreme Court, U.S. TREASURY DEPARTMENT, UBS, UN Court, US government | Tagged bailout | Comments Off

How The Obama Administration Quietly Bailed Out Private Equity Landlords At The Expense Of The Middle Class

By silveristhenew | Published January 25, 2017

Authored by Yves Smith, originally posted at NakedCapitalism.com, So how much did Blackstone promise to give to the Obama library for this huge grift, um, parting gift? As regular readers may recall, private equity firms piled into buying foreclosed single family homes on the belief that if the government (in this case, Fannie and Freddie) […]

Also posted in Atlanta Fed, Ben Bernanke, business, Debt, Department of the Treasury, Economy, Fannie Mae, finance, Freddie Mac, money, Morningstar, Mortgage Backed Securities, Mortgage industry of the United States, Mortgage-backed security, Obama Administration, Private Equity, ratings, Real estate, Securitization, Stress Test, Structured Finance, Subprime mortgage crisis, Trump Administration, U.S. Securities and Exchange Commission, United States housing bubble, US Federal Reserve | Comments Off