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Raymond Lapin
Raymond H. Lapin (13 February 1919 – 2 April 1986) was an American mortgage banking executive known as the father of the secondary mortgage market. He served under President Lyndon B. Johnson as creator and first president of the Government National Mortgage Association (GINNIE MAE) and the Federal National Mortgage Association (Fannie Mae) from 1967 to 1969. Lapin earned his bachelor's degree from University of California at Berkeley in 1942 and MBA from University of Chicago in 1954. He founded Bankers Mortgage Co. in 1954, which was sold to Transamerica Corporation in 1963. Because of his connections with Johnson, he made the master list of Nixon political opponents.Pace, Eric (April 6, 1986)Raymond H. Lapin, 67, dead; fought Nixon at Fannie Mae.''New York Times'' Lapin died of complications from heart disease at Marin General Hospital in Greenbrae, California.Staff report (April 7, 1986). Raymond Lapin, 67, Dies; Set Trends in Mortgages. ''Los Angeles Times The ''L ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Secondary Mortgage Market
The secondary mortgage market is the market for the sale of securities or bonds collateralized by the value of mortgage loans. A mortgage lender, commercial bank, or specialized firm will group together many loans (from the "primary mortgage market") and sell grouped loans known as collateralized mortgage obligations (CMOs) or mortgage-backed securities (MBS) to investors such as pension funds, insurance companies and hedge funds. Mortgage-backed securities were often combined into collateralized debt obligations (CDOs), which may include other types of debt obligations such as corporate loans. The secondary mortgage market was intended to provide a new source of capital for the market when the traditional source in one market—such as a Savings and loan association (S&L) or "thrift" in the United States—was unable to. It also was hoped to be more efficient than the old localized market for funds which might have a shortage or surplus depending on the location. In theory, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Greenbrae, California
Greenbrae is a small unincorporated community in Marin County, California. It is located south-southeast of downtown San Rafael, at an elevation of 33 feet (10 m), located adjacent to U.S. Route 101 at the opening of the Ross Valley. Part of Greenbrae is an unincorporated community of the county while the remaining area is inside the city limits of Larkspur. The ZIP code is 94904, and is shared with the neighboring Census-designated place (CDP) of Kentfield. The community is in area codes 415 and 628. About Predominantly composed of hillside and waterfront terrain, its homes and offices are known for their views of the San Francisco Bay, Corte Madera Creek, and Mount Tamalpais. "Brae" means a steep bank or hillside in dialects of Scotland and Northern Ireland; Greenbrae translates to "green hillside." Greenbrae's neighborhoods are bordered by downtown Larkspur to the south, Larkspur Landing to the east, the unincorporated area of Kentfield to the west, and the city of S ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fannie Mae Chief Executive Officers
Fannie is a given name. Notable people with the name include: * Fannie B. Damon (1857-1939), American writer, magazine editor * Fannie B. Linderman (1875-1960), British-born American teacher, entertainer, and writer * Fannie Barrier Williams (1855–1944), African American educator, political and women's rights activist * Fannie Barrios, Venezuelan bodybuilder * Fannie Bloomfield Zeisler (1863–1927), Austrian-born American pianist * Fannie C. Williams (1882–1980), American educator * Fannie E. Motley, American schoolteacher and president of the National Association of Teachers in Colored Schools * Fannie Farmer (1857–1915), American culinary expert and author * Fannie Fern Andrews (1867–1950), American lecturer, teacher, social worker and writer * Fannie Flagg (born 1944), American actress, comedian and author *Fannie Gaston-Johansson (born 1938), American professor of nursing * Fannie Heaslip Lea (1884–1955), American author and poet * Fannie Hillsmith (1911–2007), ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Real Estate Company Founders
Real may refer to: Currencies * Brazilian real (R$) * Central American Republic real * Mexican real * Portuguese real * Spanish real * Spanish colonial real Music Albums * Real (L'Arc-en-Ciel album), ''Real'' (L'Arc-en-Ciel album) (2000) * Real (Bright album), ''Real'' (Bright album) (2010) * Real (Belinda Carlisle album), ''Real'' (Belinda Carlisle album) (1993) * Real (Gorgon City EP), ''Real'' (Gorgon City EP) (2013) * Real (IU EP), ''Real'' (IU EP) (2010) * Real (Ivy Queen album), ''Real'' (Ivy Queen album) (2004) * Real (Mika Nakashima album), ''Real'' (Mika Nakashima album) (2013) * Real (Ednita Nazario album), ''Real'' (Ednita Nazario album) (2007) * Real (Jodie Resther album), ''Real'' (Jodie Resther album), a 2000 album by Jodie Resther * Real (Michael Sweet album), ''Real'' (Michael Sweet album) (1995) * Real (The Word Alive album), ''Real'' (The Word Alive album) (2014) * ''Real'', a 2002 album by Israel Houghton recording as Israel & New Breed Songs * Real (Goo Goo Do ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mortgage Industry Of The United States
The mortgage industry of the United States is a major financial sector. The federal government created several programs, or government sponsored entities, to foster mortgage lending, construction and encourage home ownership. These programs include the Government National Mortgage Association (known as Ginnie Mae), the Federal National Mortgage Association (known as Fannie Mae) and the Federal Home Loan Mortgage Corporation (known as Freddie Mac). The subprime mortgage crisis was one of the first indicators of the 2007–2010 financial crisis, characterized by a rise in subprime mortgage delinquencies and foreclosures, and the resulting decline of securities backing said mortgages. The earlier savings and loan crisis of the 1980s and 1990s and the national mortgage crisis of the 1930s also arose primarily from unsound mortgage lending. The mortgage crisis has led to a rise in foreclosures, leading to the 2010 United States foreclosure crisis. Mortgage lenders Mortgage ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial History Of The United States
The economic history of the United States is about characteristics of and important developments in the U.S. economy from colonial times to the present. The emphasis is on productivity and economic performance and how the economy was affected by new technologies, the change of size in economic sectors and the effects of legislation and government policy. Specialized business history is covered in American business history. Colonial economy The colonial economy was characterized by an abundance of land and natural resources and a severe scarcity of labor. This was the opposite of Europe and attracted immigrants despite the high death rate caused by New World diseases. From 1700 to 1774 the output of the thirteen colonies increased 12-fold, giving the colonies an economy about 30% the size of Britain's at the time of independence. Population growth was responsible for over three-quarters of the economic growth of the British American colonies. The free white population had th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chief Executive Officers In The Real Estate Industry
Chief may refer to: Title or rank Military and law enforcement * Chief master sergeant, the ninth, and highest, enlisted rank in the U.S. Air Force and U.S. Space Force * Chief of police, the head of a police department * Chief of the boat, the senior enlisted sailor on a U.S. Navy submarine * Chief petty officer, a non-commissioned officer or equivalent in many navies * Chief warrant officer, a military rank Other titles * Chief of the Name, head of a family or clan * Chief mate, or Chief officer, the highest senior officer in the deck department on a merchant vessel * Chief of staff, the leader of a complex organization * Fire chief, top rank in a fire department * Scottish clan chief, the head of a Scottish clan * Tribal chief, a leader of a tribal form of government * Chief, IRS-CI, the head and chief executive of U.S. Internal Revenue Service, Criminal Investigation Places * Chief Mountain, Montana, United States * Stawamus Chief or the Chief, a granite dom ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
American Investment Bankers
American(s) may refer to: * American, something of, from, or related to the United States of America, commonly known as the "United States" or "America" ** Americans, citizens and nationals of the United States of America ** American ancestry, people who self-identify their ancestry as "American" ** American English, the set of varieties of the English language native to the United States ** Native Americans in the United States, indigenous peoples of the United States * American, something of, from, or related to the Americas, also known as "America" ** Indigenous peoples of the Americas * American (word), for analysis and history of the meanings in various contexts Organizations * American Airlines, U.S.-based airline headquartered in Fort Worth, Texas * American Athletic Conference, an American college athletic conference * American Recordings (record label), a record label previously known as Def American * American University, in Washington, D.C. Sports teams Soccer * B ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1986 Deaths
The year 1986 was designated as the International Year of Peace by the United Nations. Events January * January 1 **Aruba gains increased autonomy from the Netherlands by separating from the Netherlands Antilles. **Spain and Portugal enter the European Community, which becomes the European Union in 1993. *January 11 – The Sir Leo Hielscher Bridges, Gateway Bridge in Brisbane, Australia, at this time the world's longest prestressed concrete free-cantilever bridge, is opened. *January 13–January 24, 24 – South Yemen Civil War. *January 20 – The United Kingdom and France announce plans to construct the Channel Tunnel. *January 24 – The Voyager 2 space probe makes its first encounter with Uranus. *January 25 – Yoweri Museveni's National Resistance Army Rebel group takes over Uganda after leading a five-year guerrilla war in which up to half a million people are believed to have been killed. They will later use January 26 as the official date to avoid a coincidence of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1919 Births
Events January * January 1 ** The Czechoslovak Legions occupy much of the self-proclaimed "free city" of Pressburg (now Bratislava), enforcing its incorporation into the new republic of Czechoslovakia. ** HMY ''Iolaire'' sinks off the coast of the Hebrides; 201 people, mostly servicemen returning home to Lewis and Harris, are killed. * January 2– 22 – Russian Civil War: The Red Army's Caspian-Caucasian Front begins the Northern Caucasus Operation against the White Army, but fails to make progress. * January 3 – The Faisal–Weizmann Agreement is signed by Emir Faisal (representing the Arab Kingdom of Hejaz) and Zionist leader Chaim Weizmann, for Arab–Jewish cooperation in the development of a Jewish homeland in Palestine, and an Arab nation in a large part of the Middle East. * January 5 – In Germany: ** Spartacist uprising in Berlin: The Marxist Spartacus League, with the newly formed Communist Party of Germany and the Independent Social De ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Los Angeles Times
The ''Los Angeles Times'' (abbreviated as ''LA Times'') is a daily newspaper that started publishing in Los Angeles in 1881. Based in the LA-adjacent suburb of El Segundo since 2018, it is the sixth-largest newspaper by circulation in the United States. The publication has won more than 40 Pulitzer Prizes. It is owned by Patrick Soon-Shiong and published by the Times Mirror Company. The newspaper’s coverage emphasizes California and especially Southern California stories. In the 19th century, the paper developed a reputation for civic boosterism and opposition to labor unions, the latter of which led to the bombing of its headquarters in 1910. The paper's profile grew substantially in the 1960s under publisher Otis Chandler, who adopted a more national focus. In recent decades the paper's readership has declined, and it has been beset by a series of ownership changes, staff reductions, and other controversies. In January 2018, the paper's staff voted to unionize and final ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Heart Disease
Cardiovascular disease (CVD) is a class of diseases that involve the heart or blood vessels. CVD includes coronary artery diseases (CAD) such as angina and myocardial infarction (commonly known as a heart attack). Other CVDs include stroke, heart failure, hypertensive heart disease, rheumatic heart disease, cardiomyopathy, abnormal heart rhythms, congenital heart disease, valvular heart disease, carditis, aortic aneurysms, peripheral artery disease, thromboembolic disease, and venous thrombosis. The underlying mechanisms vary depending on the disease. It is estimated that dietary risk factors are associated with 53% of CVD deaths. Coronary artery disease, stroke, and peripheral artery disease involve atherosclerosis. This may be caused by high blood pressure, smoking, diabetes mellitus, lack of exercise, obesity, high blood cholesterol, poor diet, excessive alcohol consumption, and poor sleep, among other things. High blood pressure is estimated to account for approximatel ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
