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Report on:
Fannie Mae (FNM)
FINANCIAL - Real Estate - Mortgage Investment
Generated Wednesday July 07, 2010 04:17 AM
Quotes about Fannie Mae

Fannie and Freddie won't let this teacher green her homeWe had a couple hundred homeowners who were applying for $3 million in financing for projects who have essentially been hanging in limbo," - Will Toor

Energy Program Is Set BackThey're basically saying they'll redline communities that move forward with PACE financing," - Will Toor

Fannie and Freddie De-listed From NYSE: Now What?are hemorrhaging right now and [only] the taxpayer is keeping them on life support. You have a sliver of equity on a mountain of debt. They need to be put down. Sever all ties to the government and let the private sector run the mortgage market."

Fannie, Freddie Derail White House-Backed Green Financing ProgramIt's an awkward situation because the federal government has been so supportive of PACE programs...and on the other side you have the federal government killing this program," - Johanna Partin

ABCNews.com Credits Fannie Mae, Freddie Mac for 'Propping Up' Housing MarketAs perplexing and disturbing as this economic brainteaser may seem, the housing sector would be in even worse shape if not for those twin government sponsored enterprises, Fannie Mae and Freddie Mac, both in government conservatorship and bleeding assets," - Rich Blake

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No Comment

Both Fannie and Freddie declined to comment , deferring questions to the FHFA. - Johanna Partin
Fannie, Freddie Derail White House-Backed Green Financing Program

Fannie declined to comment . - Mr Nguyen
Fannie and Freddie are Wall Street's top customers

Although Wal-Mart Stores Inc. has declined to specify the exact pay scale, starting wages will be $8.75 per hour, 50 cents higher than minimum wage, according to Mayor Richard Daley, a project supporter. - Richard Daley
Economy Watch: Fannie Mae Talks Tough on Defaults; Mass Layoffs Decline

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Latest Company Intelligence

Fannie and Freddie won't let this teacher green her home 
Grist  Jul 7,'10

by Jonathan Hiskes. Fannie Mae and Freddie Mac have shut down most of the nation's programs using Property Assessed Clean Energy (PACE), an innovative tool that helps Americans finance green improvements to their homes. Here's a homeowner's perspective on the story: Kayla Thomason spent last winter wondering if the furnace would hold out in her two-bedroom ranch home in


Fannie and Freddie to clean-energy program: Drop dead 
Grist  Jul 7,'10

by Jonathan Hiskes. Grist has been covering Fannie Mae and Freddie Mac's attack on Property Assessed Clean Energy (PACE), a promising tool that helps homeowners finance green improvements to their properties. Here's the latest: On Tuesday, Fannie Mae and Freddie Mac ended their radio silence nine weeks after sending cryptic letters warning lenders against permitting the use


Financial Reform Will Lead to Deflation 
Seeking Alpha  Jul 6,'10

Eric Singer submits: Congress broke this weekend not quite done on "financial reform." A defeat of this bill would help avoid a double dip recession. The bill is dishonest because it does not deal with Fannie ( FNM ) or Freddie ( FRE ), the main engines of our collapse.


PACE programs are put on hold 
Plenty Magazine  Jul 6,'10

PACE programs, which allow homeowners to finance energy efficiency upgrades via a tax assessment, are being put on hold throughout California.


Energy and Global Warming News for July 6: Why is Fannie Mae waging war on energy savings? Wind-power is healthier than coal or nuclear; China now has the per capita CO2 emissions of France 
Climate Progress  Jul 6,'10

Why Is Fannie Mae Waging War on Solar Panels and efficiency? Fannie Mae has been taking some very peculiar actions against homeowners lately. First, it decided to crack down on strategic defaulters. Now, we learn that it (along with Freddie) is threatening not to accept loans if the associated borrowers retrofit their homes with solar panels [...]


ABCNews.com Credits Fannie Mae, Freddie Mac for 'Propping Up' Housing Market 
NewsBusters.org  Jul 6,'10

Apparently, Fannie and Freddie are the new Batman and Robin. At least they seemed more like heroes than villains in a July 6 ABC News story about the troubled housing market. Reporter Rich Blake gave the government sponsored enterprises (GSEs) Fannie Mae and Freddie Mac credit for "propping up" the flailing housing sector: "As perplexing and disturbing as this economic brainteaser

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