. . . . Pause intro music down below. B of A CEO Moynihan: Don’t be quick to ditch Fannie and Freddie . Piggybankblog posted on 12/14/12 Cross linked with reuters.com (Reuters) – Bank of America (BAC.N) Chief Executive Brian Moynihan on Friday said the taxpayer-supported mortgage giants, Fannie Mae (FNMA.OB) and Freddie Mac (FMCC.OB), should [...]
+Continue Reading. . . . Pause intro music down below. White House Seeking New Regulator for Fannie, Freddie . Piggybankblog posted on 12/10/12 Wall Street Journal The White House has begun preparations to nominate a new director to lead the agency that oversees Fannie Mae and Freddie Mac as soon as early next year, according to [...]
+Continue Reading. . . . . You can pause intro music down below. Obama’s Housing Policy: Fix Is Crucial To President’s Economic Legacy . Piggybankblog posted on 11/10/12 Cross linked with huffingtonpost President Barack Obama secured reelection while managing to talk around one area of economic policy in which experts frequently charge him with failure: managing [...]
+Continue Reading. . . .. You can pause intro music down below. JPMorgan loses bid to toss FHFA’s mortgage debt lawsuit . Piggybankblog posted on 11/07/12 Cross linked with reuters.com . NEW YORK, Nov 5 (Reuters) – JPMorgan Chase & Co lost a bid on Monday to dismiss a U.S. regulator’s lawsuit accusing the bank of [...]
+Continue Reading. . . .. You can pause intro music down below. Obama Will Fire FHFA Director Ed DeMarco In December, Wall Street Analyst Says . Piggybankblog posted on 11/02/12 Cross linked with huffingtonpost.com Bank of America analyst Ralph Axel said Friday that he expects President Barack Obama to fire acting Federal Housing Finance Agency Director [...]
+Continue Reading. . . .. You can pause intro music down below. Bloomberg: Dems Behind Housing Scam . Piggybankblog posted on 10/30/12 Piggybankblog posted picture Cross linked with patriotpost.com Old news, except it isn’t. Last week, in regard to the devastating housing fraud that helped collapse the U.S. economy, a Reuter’s headline read: “U.S. Sues Bank [...]
+Continue Reading. . . . You can pause intro music down below United States Federal Government Sues BofA for $1 Billion Over Mortgage Losses . Piggybankblog posted on 10/24/12 Cross linked with yahoo.com The federal government filed a civil lawsuit against Bank of America Corp. (BAC), alleging the second-biggest U.S. bank by assets saddled taxpayers with losses [...]
+Continue Reading. . . .. You can pause intro music down below. House approves way for FHA to go after mortgage lenders . Piggybankblog posted on 09/12/12 Cross linked with housingwire.com The House of Representatives passed a bill Tuesday 402-7 allowing the Federal Housing Administration to recoup losses from mortgage lenders for fraudulent loans it [...]
+Continue Reading. . . .. You can pause intro music down below. Campaigns should address the home ownership crisis . Piggybankblog posted on 09/11/12 Cross linked story with startribune.com Now that the presidential campaign is entering the home stretch, President Obama and Mitt Romney need to address home opportunity – the cluster of issues from [...]
+Continue Reading. . . . You can pause intro music below A Big Hot Dog Of A Loan Pool! Which Chicken And Pig Is In Which Part Of The Hot Dog? . Written by John Wright August 24th, 2012 So what did you think of yesterday’s breaking news about JPMorgan Chase and WaMu? – Source article [...]
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