Posts Tagged ‘Edward J. DeMarco’

What is Ed DeMarco Thinking?

Written on 10 Jun, 2012 at 17:48

Edward DeMarco of the FHFA is the conservator for the GSEs, Fannie Mae and Freddie Mac. At this point the president, the Secretary of the Treasury, and many in congress have asked him about participating in anything... HAMP, principal... (Continue reading)

Freddie Mac’s Crimes Against Homeowners are NOT an Isolated Incident

Written on 30 Jan, 2012 at 18:35

ProPublica is reporting that Freddie Mac has been placing "multi-billion dollar bets designed to only pay off when homeowners remain "trapped" in high interest rate loans, and that the government-owned mortgage monster began increasing such bets late in 2010, which... (Continue reading)

Tagged with: attorney general eric holder bailouts bank of america banking lobby betting against homeowners Charles Haldeman Jr. citibank diana olick double dip economic recovery economy Edward DeMarco Edward J. DeMarco elizabeth warren Fannie Mae FDIC FDIC Chair Sheila Bair Federal Reserve Chairman Ben Bernanke FHFA foreclosure crisis foreclosures Freddie Mac Goldman Sachs HAMP Indymac bank jpmorgan chase Lanny Breuer loan modification loan modifications Making Home Affordable Plan mandelman mandelman matters martin andelman martin andelman ml-implode max gardner ml-implode mortgage refinancing mortgage servicers NACA NPR obama administration one west bank president obama propublica recession REST Report TARP Treasury Secretary Tim Geithner trial modifications unemployment wall street bankers wells fargo bank

Obama’s New Plan to Help Housing Isn’t Worth Waiting For

Written on 22 Oct, 2011 at 8:17

Even Edward J. DeMarco, acting director of the independent Federal Housing Finance Agency says his fix will be more of a tune-up than an overhaul, with reduced "frictions" and "enhancements."... (Continue reading)

Tagged with: bailouts bank of america banking lobby bloomberg citibank double dip economic recovery economy Edward J. DeMarco Fannie Mae FDIC Federal Housing Finance Agency Federal Reserve Chairman Ben Bernanke FHFA foreclosure crisis foreclosures Freddie Mac Goldman Sachs HAMP HARP Home Affordable Refinance Program Indymac bank Jaret Seiberg jpmorgan chase loan buy backs loan modification loan modifications Making Home Affordable Plan mandelman mandelman matters martin andelman Martin Feldstein MF Global Moody's Analytics mortgage crisis mortgage servicers national economic crisis New York Times Obama's new housing program Obama's new refinance plan prime borrowers delinquent Rep. Elijah Cummings Rep. John Tierney Representative Dennis Cardoza REST Report TARP Treasury Secretary Tim Geithner underwater mortgages unemployment wall street bankers wells fargo bank