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The California State Police (CSP) was the state-level security police agency from 1887 to 1995 for the U.S. state of California. It merged with the California Highway Patrol in 1995. Founded on March 15, 1887, the police agency primarily served to protect the State Capitol Building , the governor and other state officials, and other state ...
The Federal Home Loan Mortgage Corporation (FHLMC), commonly known as Freddie Mac, is an American publicly traded, government-sponsored enterprise (GSE), headquartered in Tysons, Virginia. [ 3 ] [ 4 ] The FHLMC was created in 1970 to expand the secondary market for mortgages in the US.
The Housing and Economic Recovery Act of 2008—passed by the United States Congress on July 24, 2008, with bipartisan support and signed into law by President George W. Bush on July 30, 2008—enabled expanded regulatory authority over Fannie Mae and Freddie Mac by the newly established FHFA, and gave the U.S. Treasury the authority to advance ...
SAN FRANCISCO -- California's attorney general filed lawsuits against mortgage giants Fannie Mae and Freddie Mac on Tuesday, demanding that the companies that own some 60 percent of the state's ...
Fannie Mae and Freddie Mac have a limit on the maximum sized loan they will guarantee. This is known as the "conforming loan limit". The conforming loan limit for Fannie Mae, along with Freddie Mac, is set by Office of Federal Housing Enterprise Oversight (OFHEO), the regulator of both GSEs.
The acting chief financial officer of mortgage giant Freddie Mac has committed suicide, according to news reports. David Kellerman, 41, a 16-year-veteran of the company, was found dead this ...
As of 2023, Fannie Mae and Freddie Mac support around 70 percent of the mortgage market, according to the National Association of Realtors. That means the majority of conventional loans, those ...
David Kellermann was named acting chief financial officer of Freddie Mac in September 2008. Kellermann was a member of the company's leadership team and reported directly to CEO David M. Moffett . As acting chief financial officer, Kellermann was responsible for the company's financial controls, financial reporting, tax, capital oversight, and ...