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Fannie Freddie

Firm Seeks To Buy Parts Of Fannie And Freddie

Reuters | Posted 01.23.2014 | Business

Nov 13 (Reuters) - Fairholme Capital Management has proposed to buy the insurance businesses of Fannie Mae and Freddie Mac, a move that seeks to res...

Florida To Fannie, Freddie: You Owe Us Money

Posted 06.20.2012 | Business

Fannie Mae and Freddie Mac supposedly owe Florida taxpayers some money, and authorities say it's time to collect. Officials in Hernando County, Fl...

FBI Reportedly Investigating Fannie Mae, Freddie Mac For Role In Subprime Crisis

The Huffington Post | Alexander Eichler | Posted 12.21.2011 | Business

It's been a bad month for Fannie Mae and Freddie Mac. The Securities and Exchange Commission announced last week that it was suing half a dozen for...

Fannie, Freddie To Cut Lenders' Risk To Boost Refinancing Program

Posted 11.16.2011 | Business

Fannie Mae (FNMA.OB) and Freddie Mac (FMCC.OB), the largest sources of U.S. housing finance, both said on Tuesday they would relieve lenders from cert...

Obama Administration To Unveil Mortgage Relief Program

Posted 10.31.2011 | Politics

By Margaret Chadbourn WASHINGTON -- The Obama administration is considering unveiling new plans next week to revive the ailing housing market and r...

Fannie, Freddie Taxpayer Tab Could Hit $169 Billion By Next year

Bloomberg | Lorraine Woellert | Posted 05.25.2011 | Business

Taxpayer aid to Fannie Mae and Freddie Mac will reach $224 billion by the end of 2012, of which $55 billion will be returned in dividends to the U.S. ...

The End Of Fannie And Freddie?

wsj.com | NICK TIMIRAOS | Posted 05.25.2011 | Business

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$600 Billion To Boost Economy But $1.8 Trillion Lost To Foreclosures Why Is The Federal Government Powerless To Make Banks Help Homeowners?

John Taylor | Posted 05.25.2011 | Politics
John Taylor

Along with other community and housing groups, the National Community Reinvestment Coalition has been pushing the White House and Congress to require ...

Fannie, Freddie Reform Could Cost $685 BILLION

Posted 05.25.2011 | Business

NEW YORK, Nov 4 (Reuters) - Costs to "resolve" U.S. mortgage finance giants Fannie Mae and Freddie Mac, and capitalize a new entity to replace their r...

Fannie, Freddie May Forgive Mortgage Debt For Some Borrowers: Reuters

James Pethokoukis | Posted 05.25.2011 | Business

Main Street may be about to get its own gigantic bailout. Rumors are running wild from Washington to Wall Street that the Obama administration is abou...

Financial Reform Proposals By The Obama Administration Ignore 'Too Big To Fail': Simon Johnson

baselinescenario.com | Simon Johnson | Posted 05.25.2011 | Business

We agree completely with the administration's approach -- actually, with Elizabeth Warren's approach -- to consumer protection. (We make this clear i...

Fannie, Freddie: Still 'No Exit' For Government's Investments In Troubled Housing Giants

Huffington Post | Ryan McCarthy | Posted 05.25.2011 | Business

Seventeen months and $110 billion later, the U.S. government's enormous investment in Fannie Mae and Freddie Mac has turned the two firms into semi-pe...

Fannie, Freddie, Forgotten In Reform Bills, May Ask Government For MORE Money

Huffington Post | Ryan McCarthy | Posted 05.25.2011 | Business

Those who assumed that the recent round of TARP repayments by Citigroup and Wells Fargo signaled an end to the bailout era may want to think again. ...

Jeff Muskus

Issa Threatens To Strip Federal Money From Fannie And Freddie

HuffingtonPost.com | Jeff Muskus | Posted 05.25.2011 | Politics

Taxpayer money shouldn't be used to back some $6 trillion in home mortgages if there is no inspector general keeping watch over those funds, the ranki...

Ryan Grim

Bipartisan Effort Would Force An IG On Fannie And Freddie

HuffingtonPost.com | Ryan Grim | Posted 05.25.2011 | Business

A bipartisan foursome in the House of Representatives introduced a bill on Wednesday that would require the head of the Federal Housing Finance Agency...

Ryan Grim

Fannie and Freddie Fire Their Own Inspector General

HuffingtonPost.com | Ryan Grim | Posted 05.25.2011 | Politics

There is no independent auditor overseeing the federal agency responsible for some $6 trillion in home mortgages, because the Department of Justice's ...

Obama Punting On Fannie, Freddie Could Prove Costly

Huffington Post Investigative Fund | Ben Protess | Posted 05.25.2011 | Politics

Facing an array of more immediate financial problems, Treasury Secretary Timothy Geithner has pushed Fannie Mae and Freddie Mac towards the bottom of ...

Splitting Fannie, Freddie

washingtonpost.com | Zachary A. Goldfarb and David Cho | Posted 05.25.2011 | Business

The Obama administration launched a broad government effort this week to overhaul mortgage giants Fannie Mae and Freddie Mac and is considering splitt...

Fannie, Freddie May Require Billions More In Assistance

Washington Post | Zachary A. Goldfarb | Posted 05.25.2011 | Business

The first of the Bush administration's major financial takeovers is poised to get more expensive as mounting troubles in the credit and housing market...