Freddie Mac

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  Possible Edward DeMarco Replacement at FHFA Has History With Credit Unions

  By David Morrison  |  April 15, 2013

  Media sources report that Mark Zandi, chief economist at Moody's Analytics, is a lead contender to replace DeMarco.

• More HARP: FHFA Gives Nod to Loan Mods Through 2015

  By David Morrison  |  April 11, 2013

  Refinancing program had been scheduled to end at the end of 2013. Now gets two more years.

• SEC Enforcement Action Penalties: $1.5 Billion and Counting

  By Michelle A. Samaad  |  April 9, 2013

  Agency posts list of actions against securities firms since financial crisis began.

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  Chris Johnson Named New CEO of Idaho Credit Union League

  By Marc Rapport  |  April 9, 2013

  Former CUNA vice president to succeed the retiring Alan Cameron.

• Senate Gives CUs the Cold Shoulder

  By Heather Anderson  |  April 3, 2013

  Credit union trade associations shrugged off a 2014 budget amendment passed by the Senate March 22 that would “establish a deficit-neutral reserve fund to address the disproportionate regulatory burdens on community banks,” according to a release from sponsor Sen. John Boozman (R-Ark.).

• New Modification Program Will Be Required by FHFA

  By Heather Anderson  |  March 28, 2013

  Borrowers relieved of requirement to document hardship or financial situation.

• FHFA Foreclosure Report Shows Best Numbers Since 2008

  By Heather Anderson  |  March 27, 2013

  Foreclosure figures released in a report Wednesday from the Federal Housing Finance Agency indicates the housing market is on the road to recovery.

• N.C. Rep. Watt Fuels FHFA Appointment Speculation

  By Heather Anderson  |  March 27, 2013

  During the March 19 House Financial Services hearing on the conservatorships of Fannie Mae and Freddie Mac, Rep. Mel Watt (D-N.C.) yielded back the majority of his allotted time due to “media speculation over the weekend.”

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  No Money Down Mortgages Stage a Comeback

  By David Morrison  |  March 27, 2013

  Two credit unions, NASA Federal Credit Union and Navy Federal Credit Union, are offering members mortgages without requiring any down payment or mortgage insurance.

• Budget Amendment Would Stop the Funneling of G-Fees to Deficit

  By Heather Anderson  |  March 25, 2013

  NAFCU, CUNA join bankers, real estate lobby in supporting move to stop Fannie Mae, Freddie Mac fees going to pay off deficit.