Week In Review: DeMarco Doesn’t Get It; Scheiderman Sues Banks over MERS;...
Freddie Mac’s Regulator ‘Completely Puzzled’ by Allegations of Conflict If Edward DeMarco is puzzled by the outrage over the revelation that Freddie Mac was investing in securities that paid off if...
View ArticleFannie Mae and Freddie Mac: Past Their Prime
There were two players conspicuously absent when last week’s $25 Billion settlement was unveiled; two players that absolutely should have been front and center. What are their names? If you’ve followed...
View ArticleDid Fannie Mae and Freddie Mac Just Admit Principal Reduction is Good?
Could Fannie Mae and Freddie Mac finally be willing to sign off on principal reduction as a way to keep homeowners out of foreclosure and in their homes? Edward DeMarco, the acting head of the Federal...
View ArticleFriday Round-Up; Foreclosures Up Again, DeMarco Dances With Reductions; Bank...
Foreclosures, repos up from last year in South Florida I said after the foreclosure settlement was announced that banks had been given the green light to rev up their foreclosures engines, and in South...
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