Fannie and Freddie

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Payroll Tax Deal Is Middle Class Tax Hike, Fannie/Freddie Perma-Nationalization In Drag

Count on Washington to always find a sleazy, back-door path to forge a reprehensible bi-partisan “deal” that actually screws the people rather than helps them.

26Dec2011 | | 3 comments | Continued
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Breaking: ML-Implode Warned Government Of Taylor Bean Fraud A Year Before Collapse

ML-Implode staff has confirmed that the advance tip about the Taylor, Bean and Whitaker mortgage company mentioned in the Federal Housing Finance Authority (FHFA) Office of Inspector General’s June 2011 Complaints Process Audit came from ML-Implode, confirming our longstanding suspicion. The details and implications are discussed herein.

31Aug2011 | | 3 comments | Continued
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Freddie Mac Ends Streamline Refi Come Spring

The Federal Home Loan Mortgage Corporation (FHLMC), more known as Freddie Mac, will no longer offer its streamlined mortgage refinancing option this coming spring, the lender recently announced… Borrowers can still get the same benefits of the streamlined refinance mortgages through the Relief Refinance option, Freddie Mac’s take on the government-supported Home Affordable Refinance Program (HARP) introduced in February 2009. The HARP is among the programs supported by the umbrella program, Making Home Affordable.

5Mar2011 | | 0 comments | Continued