freddie mac | the

Pictures, words

kayjayuu wrote in the_recession Oct 21, 2011 13:15

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Middle Class Death Watch -- 33 Frightening Economic Developments

nebris wrote in the_recession Sep 19, 2011 02:04

By David DeGraw, Amped Status
Posted on September 18, 2011
Via Alternet

( Downward mobility, homelessness spreading to the middle class, 200,000 public employees laid off? Here are some frightening trends to keep an eye on. )

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Housing Double Dip Could Barely Have Begun, May Snag Rest of Economy

cieldumort wrote in the_recession Feb 24, 2011 01:34

CNN
Home Prices Fall 4.1%, Near 2009 Lows -- And May Fall More
Feb. 23, 2011

Home prices took a big hit at the end of 2010, even as the rest of the economy gained steam.

National home prices fell 4.1% during the last three months of 2010, compared with 12 months earlier, according to the latest report from the S&P/Case-Shiller home price index, a ( Read more... )

existing home sales, housing starts, fannie mae, freddie mac, case-shiller index, double dips, new home sales

The Arc of Justice - The Ibanez Case Ruling

sophiaserpentia wrote in the_recession Jan 11, 2011 13:44

From a post at The Economic Populist

What is beginning to unfold before our eyes is a situation which can only be comprehended with jaw-dropping incredulity.

The Too Big To Fail banks have been waiting with trepidation for a ruling from the Supreme Judicial Court of the State of Massachusetts on the case titled US Bank National Association ( ( Read more... )

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New Home Sales Continue Double Dipping

cieldumort wrote in the_recession Feb 24, 2010 13:04

When considering the graphs below (provided courtesy of Calculated Risk), pay special attention to the Recession Bars (blue-colored lines that denote NBER - identified recessions). For the most recent recession, which began in late 2007, the NBER has not yet declared it over, as they typically do not make such pronouncements until many months after ( Read more... )

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Dear Santa: Fannie would like unlimited funds, Freddie wants a biiiig bonus

kayjayuu wrote in the_recession Dec 25, 2009 13:00

From the Washington Post:

The Obama administration pledged Thursday to provide unlimited financial assistance to mortgage giants Fannie Mae and Freddie Mac, an eleventh-hour move that allows the government to exceed the current $400 billion cap on emergency aid without seeking permission from a bailout-weary CongressThe Christmas Eve announcement ( Read more... )

fannie mae, freddie mac

Greenspan Seeing Things A Little Differently Now

cieldumort wrote in the_recession Oct 16, 2009 01:02

Greenspan Says U.S. Should Consider Breaking Up Large Banks

Oct. 15 (Bloomberg) -- U.S. regulators should consider breaking up large financial institutions considered “too big to fail,” former Federal Reserve Chairman Alan Greenspan said.

Those banks have an implicit subsidy allowing them to borrow at lower cost because lenders believe the ( Read more... )

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Well...

nebris wrote in the_recession Apr 22, 2009 06:20

Freddie Mac official found dead in apparent suicide
WASHINGTON - David Kellermann, the acting chief financial officer of mortgage giant Freddie Mac, was found dead at his home Wednesday morning in what police said was an apparent suicide ( Read more... )

societal breakdown, global financial trainwreck of 2007-?, ceo confidence, fannie mae, freddie mac