Fannie Mae may seek more aid; tax credit decision could cost $5.2B
USA Today - Mon Nov 9, 6:55 pm ETFannie Mae said Monday it may have to ask the government for more financial assistance because the company cannot sell $5.2 billion in tax credits.
In Partnership with:
Real Estate and Housing
157734 Stories, most recent news story added 40 minutes ago
News Stories
-
Local Digest: Tax decision could cost Fannie Mae $5.2 billion
Washington Post - Tue Nov 10, 12:00 am ETMORTGAGE FINANCING Fannie Mae might have to ask the government for more financial assistance because it cannot sell $5.2 billion in tax credits, the District-based mortgage financier said Monday.
-
Commercial REO Brokers Association To Exhibit at National Association of Realtors: November 13-16, San Diego ...
PRWeb via Yahoo! News - Mon Nov 9, 12:00 pm ETThe Commercial REO Brokers Association, "CREOBA" (www.creoba.com), the exclusive commercial national association dedicated to assisting real estate professionals who want to provide REO services to banks and loan providers, proudly announces its featured role as an exhibitor at the National Association of Realtors Conference & Expo, to be held November 13-16 at the San ...
-
Freddie Mac Lowers Net Loss
Zacks.com via Yahoo! Finance - 40 minutes agoFreddie Mac's third quarter net loss came in at $1.94 per share, compared to a net loss of 11 cents in the prior quarter
-
Treasury denies Fannie Mae tax credit plan
AP via Yahoo! News - Mon Nov 9, 2:35 pm ETGovernment controlled mortgage provider Fannie Mae said Monday the U.S. Treasury has blocked its plans to sell more than $2.5 billion in low-income housing tax credits.
-
Fannie Mae may need more federal aid
Denver Post - Tue Nov 10, 3:24 am ETFannie Mae said Monday it might have to ask the government for more financial assistance because the company cannot sell $5.2 billion in tax credits.
-
Freddie Mac: Financial Winners & Losers
TheStreet.com - Mon Nov 9, 10:55 am ETFreddie Mac was among the losers of the day after the company posted a third-quarter loss, saying it will need more government funding.
-
Fannie Mae tax credit decision could cost $5.2 bln
San Francisco Chronicle - Mon Nov 9, 3:10 pm ETFannie Mae said Monday it may have to ask the government for more financial assistance because the company cannot sell $5.2 billion in tax credits. The Treasury Department last week blocked the mortgage giant from selling about $2.6 billion in low-income... FannieMae - Affordable housing - Tax credit - United States Department of the Treasury - United States
-
Freddie Mac loses $6.3B but says it doesn't need more federal cash
USA Today - Sun Nov 8, 10:08 pm ETFreddie Mac's losses narrowed to $6.3 billion in the third quarter, but the government-controlled mortgage finance company didn't need a federal cash infusion.
-
Fannie Mae Reviewing Treasury Decision on Credit Sale (Correct)
Bloomberg - Mon Nov 9, 10:59 am ET(Corrects to indicate Treasury’s position on sale in first paragraph.) Nov. 9 (Bloomberg) -- Fannie Mae is evaluating whether it will have to write down the value of its low-income housing tax credits after the U.S. Treasury Department rejected a plan to sell them, the mortgage-finance company said today.
-
Fannie Mae Reviewing Treasury Decision on Sale of Tax Credits
Bloomberg - Mon Nov 9, 9:56 am ETNov. 9 (Bloomberg) -- Fannie Mae is evaluating whether it will have to write down the value of its low-income housing tax credits after the U.S. Treasury Department rejected a plan to do so, the mortgage-finance company said today.
-
Fannie Mae tax credit decision could cost $5.2 billion
Boston Herald - Mon Nov 9, 4:20 pm ETWASHINGTON - Fannie Mae said Monday it may have to ask the government for more financial assistance because the company cannot sell $5.2 billion in tax credits. The Treasury...
-
FHA's reserve fund hits 7-year low
Washington Post - Tue Nov 10, 12:00 am ETThe Federal Housing Administration, which has played a crucial role supporting American home buyers after the collapse of the mortgage market, has burned through a huge cash reserve in less than a decade and could soon wind up with what amounts to an automatic taxpayer bailout if the agency's for...
-
Stocks poised for a dip
CNN Money - 2 hours 45 minutes agoU.S. stocks were poised for a lower start Tuesday as the momentum that fueled the previous session's rally started to fade.
-
Fannie Mae Can't Sell Tax Credits, May Need Help
The Lakeland Ledger - Mon Nov 9, 11:50 pm ETFannie Mae said Monday it may have to ask the government for more financial assistance because the company cannot sell $5.2 billion in tax credits. The Treasury Department last week blocked the mortgage giant from selling about $2.6 billion in low-income housing tax credits to investors that included Goldman Sachs Group Inc. Because the investors...
-
Fannie Mae tax credit decision could cost $5.2 bln
Rocky Mount Telegram - Mon Nov 9, 4:11 pm ETWASHINGTON — Fannie Mae said Monday it may have to ask the governmentfor more financial assist...
Video
-
Realty Check
CNBC - Mon Nov 9, 1:01 pm ET -
Real Estate Recovery?
ABC News - Mon Nov 9, 6:31 pm ET -
Wilbur Ross on Commercial Real Estate
CNBC - Tue Nov 3, 9:42 am ET -
Expanded tax credit benefits more buyers
WRAL Raleigh - Fri Nov 6, 1:02 pm ET
Y! Answers: Renting and Real Estate
-
Open Question: We are currently renting from my boyfriends Uncle, we have no lease, he has stated recently?
Tue Nov 10, 8:08 am EST -
Open Question: how is first time home buyer credit calculated.?
Tue Nov 10, 8:00 am EST -
Open Question: IF U HAVE JOINT MORTGAGE CAN U TAKE THE RENT MONEY ON YOUR SOLE ACCOUNT?
Tue Nov 10, 7:46 am EST -
Open Question: what if you have a signed contract but the house still does not say pending on the MLS?
Tue Nov 10, 7:01 am EST
Most Blogged About
-
Metropolitan Home Magazine to Close Down
New York Times - Mon Nov 9, 3:32 pm EST -
Carnival of Real Estate #165
Mike's Corner - Real Estate's "New Rules - New Tools™" - Mon Nov 9, 1:43 pm EST -
Troubles Mount for One Madison Park as Biggest Buyer Bails
Curbed - Mon Nov 9, 10:51 am EST -
Fewer home mortgages are under water as values stabilize
DailyFinance - Mon Nov 9, 10:10 am EST
Yahoo! News Search
Photos
Real Estate and Housing Photos
Open slideshowReuters
Open slideshowReuters
Open slideshowReuters
Open slideshowReuters
Open slideshowReuters
Richmond Times-Dispatch Links
-
Bon Secours to build $30 million center in Chesterfield
Richmond Times-Dispatch, Mon Nov 9, 5:07 pm ET -
Indicators for the week of Nov. 9
Richmond Times-Dispatch, Mon Nov 9, 12:19 am ET -
Biz Buzz: Trio hopes to create buzz in home sales market
Richmond Times-Dispatch, Mon Nov 9, 12:21 am ET -
Good news for commercial real estate owners
Richmond Times-Dispatch, Mon Nov 9, 12:20 am ET -
Building permit highlight for Nov. 9
Richmond Times-Dispatch, Mon Nov 9, 12:19 am ET