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Fannie Mae

Analyst Says Fannie, Freddie Have "No Underlying Value"

bloomberg.com | Dawn Kopecki | Posted 05.25.2011 | Business

Aug. 31 (Bloomberg) -- Fannie Mae and Freddie Mac fell in New York trading after FBR Capital Market's Paul Miller said the mortgage-finance companies ...

Fannie, Freddie Shares Soar, Puzzling Analysts

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

On Monday, Fannie Mae jumped 41.7 percent, to $1.70 per share, with nearly 824 million shares bought or sold during regular trading hours. Freddie Mac...

Eastern European Cyber Criminals Prey On U.S. Businesses

washingtonpost.com | Brian Krebs | Posted 05.25.2011 | Business

Organized cyber gangs in Eastern Europe are increasingly preying on small and mid-sized companies in the United States, setting off a multi-million do...

Mixing Public and Private Objections

Jim Randel | Posted 05.25.2011 | Politics
Jim Randel

Government gets into trouble when it expects private enterprise to do anything other than what its DNA requires: to make as much money as it can.

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 Mae, Freddie Mac Unlikely To Return Bailout Money

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

The regulator of Fannie Mae and Freddie Mac said it was unlikely that the federal government would ever be paid back the entire $85 billion spent so f...

Fannie Mae, Freddie Mac Are Most Costly Bailouts

Jul. 22, 2009 | Chris Isidore, CNNMoney.Com Senior Writer | Posted 05.25.2011 | Business

NEW YORK (CNNMoney.com) -- The first big government bailout of the financial crisis -- the takeover of mortgage finance giants Fannie Mae and Freddie ...

The End Of Wall Street: The Wall Street Journal's VIDEO

Posted 05.25.2011 | Business

The End Of Wall Street. Whether you believe the sentiment behind the name of the Wall Street Journal's new web series, they make a compelling case. (B...

Only the News That's Fit to Print

Erica Payne | Posted 05.25.2011 | Media
Erica Payne

The New York Times did the country (and itself) a disservice Sunday when it printed all 5,000 words of Devin Leonard's piece on William Gross.

IMF Numbers Show a Great Economic Hole That Will Frame Partisan Debate

David Fiderer | Posted 05.25.2011 | Business
David Fiderer

Nobody has a good take on the ultimate costs of the mortgage crisis, but the IMF believes the size of the problem is about double the amount estimated six months earlier.

Congresswoman Maxine Waters Gives President Obama An "A"

Kathleen Wells, J.D. | Posted 05.25.2011 | Politics
Kathleen Wells, J.D.

He inherited a horrible situation with this economic crisis, but he has not flinched. And his confidence inspires us and helps to generate confidence because we see him carrying on.

April 6, 2009, News Update

Richard Valeriani | Posted 05.25.2011 | Comedy
Richard Valeriani

Alaskan volcano Mount Redoubt erupts. Volcanic ash so thick over Anchorage, Sarah Palin can't see Russia from her front porch.

Damn Yankees and Their Pricey New Stadium

Dave Astor | Posted 05.25.2011 | Comedy
Dave Astor

What's not to like about a sickeningly posh edifice partly funded by massive subsidies from taxpayers who can't afford its ultra-expensive tickets and food?

Gaming the Bailout: How Washington Continues Making The Saudi Arabia of Bond Funds Ever Richer

Raymond J. Learsy | Posted 05.25.2011 | Business
Raymond J. Learsy

To see how access, power, and influence over the government and media is literally lifting billions from the pockets of taxpayers, one need not look further than a firm called PIMCO.

Fannie And Freddie Kicking People Out Of Homes Again

Washington Independent | Posted 05.25.2011 | Politics

A ban on foreclosure sales and evictions from houses owned by mortgage giants Fannie Mae and Freddie Mac, which began as a high-profile effort just be...

Most Amazing Jim Cramer Clip Yet: He Calls Andrew Cuomo a 'Genuine Communist'

Greg Mitchell | Posted 05.25.2011 | Media
Greg Mitchell

2009-03-27-mitchell.jpgSomehow Jon Stewart missed perhaps the most damning Jim Cramer clip of all from the CNBC archives.

Is There an Antidote to the Republican Amnesia?

Rep. Barney Frank | Posted 05.25.2011 | Politics
Rep. Barney Frank

They say that those who forget history are doomed to repeat it. But the collective amnesia of the Republican Party will not only hurt its members -- it threatens to hurt all of us.

AIG, Populist Rage, and the Future of Banks

Howard Schweber | Posted 05.25.2011 | Business
Howard Schweber

Lately the torches-and-pitchforks voices have begun to drown out serious discussion. Time to take a deep breath or two: populist rage is a rotten basis for policy-making.

Fannie and Freddie Will Likely Never Return To Private Hands

New York Times | CHARLES DUHIGG | Posted 05.25.2011 | Business

Despite assurances that the takeover of Fannie Mae and Freddie Mac would be temporary, the giant mortgage companies will most likely never fully retur...

Freddie Mac, When Are You Coming Back?

Danny Schechter | Posted 05.25.2011 | Business
Danny Schechter

As housing implodes, is our nation at an economic tipping point?

Paulson Policy Failures

Alan Schram | Posted 05.25.2011 | Business
Alan Schram

The Treasury's policy did nothing to build confidence or stabilize the markets. The precipitous drop of the equity markets in October and November are the market's judgment on their policies.

Save the Jeep; Save the Nation

Leo W. Gerard | Posted 05.25.2011 | Business
Leo W. Gerard

Congress cannot let the Jeep die in bankruptcy. Congress must not fail the U.S. auto industry. Doing so would be abandoning the core of the American economy -- manufacturing.

Fannie Mae, Freddie Mac Hearing: Testimony, Video

Huffington Post | Posted 05.25.2011 | Business

UPDATE 12/09 at 3:21PM: HuffPost's Marcus Baram reports: Former Fannie Mae CEO Franklin Raines blamed regulators and lawmakers for encouraging the m...

Report: Fannie, Freddie Execs Were Warned Of Loan Problems Years Ago

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

Internal Freddie Mac documents show that senior executives at the company were warned years ago that they were offering mortgages that could pose dang...

Fannie, Freddie Hearings: Looking For A Scapegoat

New York Post | Posted 05.25.2011 | Business

As finger-pointing escalated in Washington in the search for blame for the housing crisis, at least one ousted mortgage official in the cross hairs sa...