Tag Archives: Fannie Mae Freddie

Interesting Housing News Links (March 4, 2009)

* Police: Man accused of stabbing landlord over rent in El Mirage (Lisa Halverstadt, Arizona Republic)

El Mirage police were taken aback Saturday afternoon when they responded to a reported stabbing, only to come across the apparent victim of another stabbing the previous night. In another strange twist, the same man is suspected in both stabbings.

* Mortgage broker pleads guilty in fraud case (Gary L. Wright, News & Observer)

CHARLOTTE — Former mortgage broker Michael Pahutski pleaded guilty Tuesday to 21 federal charges that could land him in prison for more than a decade for his role in a mortgage fraud case involving about $15 million in loans and more than 200 properties.

* KC shootout ends with KCK man dead (Kansas City Star)

Kansas City police today identified a man killed in a shootout Monday night in the Northeast area as Cedric J. Dent, 24, of Kansas City, Kan.Police reports gave this account:A man who lived in the 200 block of N. Elmwood Avenue was standing with his cousin and a friend in the street about 10:35 p.m. The homeowner went into his house and a short time later his wife announced two me…

* Let’s not blame working poor for crisis (Press of Atlantic City)

Blame the hedge fund managers. The subprime mortgages. Mismanagement at Fannie Mae, Freddie Mac. Detroit automakers’ stubborn refusal to build more energy-saving vehicles.

* Feb. consumer bankruptcies up 29% (Ben Rooney, Money)

NEW YORK (CNNMoney.com) — Bankruptcy filings by American consumers surged in February, according to a new report Wednesday.

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