Tuesday, January 24, 2012

If you think S. Carolina's primary got nasty ... Romney attacks Gingrichon ethics mortgage ties FACT CHECK Gingrich flubs history in GOP debate didn't earn millions as historian Gingrich's former company releases contract defends investments readies tax returns to release Freddie Mac Mitt Hits Newt on Profits Surging draws fire from rivals made public shortly before pushes back at Romney's attack camp calls for contracts

Gingrich's Freddie Mac contract released Agreement released by the Center for Health Transformation calls for "consulting and related services" Fannie, Freddie writedowns too costly: regulator WASHINGTON (Reuters) - The regulator for Fannie Mae and Freddie Mac told lawmakers that forcing the government-controlled mortgage firms to write down the principal on underwater home loans would require more than $100 billion in fresh taxpayer funds. In a letter sent on Friday to the Republican and Democratic leaders of a House of Representatives government oversight panel, the Federal Housing ... Romney defends investments, readies tax returns Republican presidential candidate Mitt Romney has criticized rival Newt Gingrich for earning more than $1.6 million in consulting fees from Freddie Mac even though he has as much as $500,000 invested in the U.S.-backed lender and its sister entity, Fannie Mae. Gingrich Firm Releases One of Its Contracts With Freddie Mac Newt Gingrich's consulting firm yesterday released a copy of its 2006 contract with Freddie Mac, which covers just one year of his multiple years of service and documents only $300,000 of the $1.6 million he received from the mortgage company. Freddie Mac draws Republicans' attention The one thing Mitt Romney and Newt Gingrich seem to agree on about Freddie Mac is that it played a significant role in the housing bubble -- and the subsequent financial meltdown that followed when it burst. Freddie Mac releases Gingrich's contract TAMPA, Fla. -- Under pressure, Newt Gingrich arranged the release of a contract Monday night showing the Federal Home Loan Mortgage Corp. paid his consulting firm a $25,000 monthly retainer fee in 2006, for a total of $300,000. Gingrich Releases Freddie Mac Contract Newt Gingrich's consulting firm worked for Freddie Mac in 2006 and was paid $25,000 a month, according to a document released Monday. The release came in response to accusations from the presidential candidate's critics charging that he lobbied ... Mortgage Writedowns Could Cost Taxpayers $100 Billion Forgiving mortgage debt on Fannie Mae and Freddie Mac loans would cost the taxpayer-funded companies almost $100 billion, their regulator said. The Caucus: Gingrich Releases a Freddie Mac Contract With Few Details The contract covers one year, 2006, and paid the Gingrich Group $300,000. Gingrich's Freddie Mac contract leaves questions The consulting firm founded by Newt Gingrich on Monday night released a copy of its 2006 contract with Freddie Mac showing it was paid $300,000 to provide unspecified "consulting and related services" for the federally sponsored housing agency.
Key Words: freddie mac

References:
http://www.twincities.com/news/ci_19803865?source=rss
http://feeds.jacksonville.com/~r/JacksonvillecomNews/~3/TnVWWShOhAw/romney-attacks-gingrichon-ethics-mortgage-ties
http://www.utsandiego.com/news/2012/jan/23/gingrichs-former-company-releases-contract/
http://feeds.sfgate.com/click.phdo?i=4342709e7d4d577f2c1a823003cb856c
http://feeds.latimes.com/~r/latimes/news/~3/BnvH1gJBLM0/la-pn-gingrich-on-defense-in-gop-debate-20120123,0,6984788.story
http://feeds.latimes.com/~r/latimes/news/politics/~3/cfa84gSx0CE/la-pn-gingrichs-freddie-mac-contract-made-public-shortly-before-debate-20120123,0,4113425.story
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