by | Jan 27, 2017 | Foreclosure Defense News, Tactics, and Tips
Mortgage giant Fannie Mae is getting into the single-family rental business in a big way. The government-backed agency said it is going into business with private equity giant and major housing player Blackstone by backing $1 billion in debt. Blackstone’s Invitation...
by | Jan 20, 2017 | Foreclosure Defense News, Tactics, and Tips
In a unanimous opinion handed down Wednesday, the Supreme Court limitedFannie Mae’s ability to transfer cases to federal court, ruling that the government-sponsored enterprise’s charter does not grant it the right to move all state cases to the federal level. The...
by | Oct 6, 2016 | Foreclosure Defense News, Tactics, and Tips
(CN) — A federal judge has ordered the government to turn over documents related to its decision to permanently divert billions of Fannie Mae and Freddie Mac profits from investors to the U.S. Treasury following their $188 billion bailout in 2008. Fairholme Funds is...
by | Sep 24, 2016 | Foreclosure Defense News, Tactics, and Tips
A federal judge on Tuesday ordered the U.S. Treasury Department to release more than 50 documents it tried to keep secret in a lawsuit over government-backed mortgage giants Freddie Mac and Fannie Mae. The plaintiff is Miami-based mutual fund Fairholme Fund, which...