Freddie Mac Bailout

Mortgage Giants Leave Legal Bills To The Taxpayers

New York Times | Posted 05.25.2011

Read More: Freddie Mac, Leanna Spencer, Freddie Mac Bailout, Franklin Raines, Mortgages, Mortgage Crisis, Fannie Mae, Fannie Mae Freddie Mac Bailout, Timothy Howard, Financial Bailout, Fannie Mae Legal Bills, Mortgage Bailout, Fannie Mae Bailout, Business News

Since the government took over Fannie Mae and Freddie Mac, taxpayers have spent more than $160 million defending the mortgage finance companies and th...

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Freddie Mac 4Q Results: Freddie Mac Posts $7.8 Billion Loss

AP | ALAN ZIBEL | Posted 05.25.2011

Read More: Freddie Mac, Fannie Mae, Freddie Mac Bailout, Mortgage Crisis, Housing Crisis, Bailout, Financial Crisis, Housing Recovery, Economy, Business News

WASHINGTON — Freddie Mac lost almost $26 billion last year, ominous news for taxpayers who are footing the bill to rescue the mortgage finance c...

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Freddie Mac Seeks $30.8B More In Aid After Loss

AP | ALAN ZIBEL | Posted 05.25.2011

Read More: Freddie Mac Aid, Freddie Mac, Freddie Mac Bailout, Bailout, Bailout Outrage, Business News

WASHINGTON — Freddie Mac, facing mounting damage from the U.S. housing crisis, said Wednesday it will ask the government for nearly $31 billion ...

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Freddie Mac CEO David Moffett To Resign

AP | ALAN ZIBEL | Posted 05.25.2011

Read More: Freddie Mac News, Fannie Mae Freddie Mac Bailout, Freddie Mac, David Moffett Resigns, Freddie Mac Bailout, David Moffett Freddie Mac, David Moffett, Moffet Freddie Mac, Freddie Mac David Moffet, Freddie Mac Ceo Will Resign, Bailout Outrage, Business News

WASHINGTON — The top executive of Freddie Mac is quitting after less than six months on the job as the company continues to hemorrhage from mort...

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

Washington Post | Zachary A. Goldfarb | Posted 05.25.2011

Read More: Freddie Mac, Fannie Mae Warnings, Freddie Mac Loans, Fannie Mae Loans, Freddie Mac Bailout, Fannie Mae Bailout, Fannie Mae, Bailout Outrage, Freddie Mac Mortgage Crisis, Business News

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

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Freddie Mac To Ask For Billions More In Bailout Funds

AP | Posted 05.25.2011

Read More: Freddie Mac, Bailout Funds, Freddie Mac Bailout, Freddie Mac Mortgages, Bailout, Freddie Mac Bailout Funds, Bailout Outrage, Business News

McLEAN, Va. — Mortgage finance company Freddie Mac said Friday it will need an additional $30 billion to $35 billion in government aid as it cop...

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Fannie, Freddie Testimony: Who's To Blame For Lowered Standards?

AP | ALAN ZIBEL | Posted 05.25.2011

Read More: Fannie Mae Bailout, Freddie Mac, Freddie Mac Bailout, Fannie Mae Testimoney, Finance, Economy, Financial Crisis, Fannie Mae, Henry Waxman, Freddie Mac Testimony, Mortgage Crisis, Home News

WASHINGTON — Three months after the government seized control of Fannie Mae and Freddie Mac, lawmakers on Tuesday blamed former top executives a...

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Freddie Mac Asks Government For $13.8 Billion

AP | ALAN ZIBEL | Posted 05.25.2011

Read More: Mortgages, Freddie Mac, Freddie Mac Bailout, Bailout, Finance, Economy, Financial Crisis, Federal Reserve, Housing Crisis, Mortgage Crisis, Business News

WASHINGTON — Freddie Mac is asking for an initial injection of $13.8 billion in government aid after posting a massive quarterly loss Friday. T...

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Fannie, Freddie Bailout Yet To Achieve Goals

Washington Post | Posted 05.25.2011

Read More: Freddie Mac Bailout, Fannie Freddie Bailout, Fannie Mae Bailout, Housing Crisis, Business News

Almost two months ago, the government sought to revive the nation's ailing mortgage sector by seizing Fannie Mae and Freddie Mac and pumping money int...

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Stuff Happens: The Mortgage Bailout and the Federal Budget

Scott Bittle and Jean Johnson | Posted 05.25.2011

Read More: Federal Debt, Fannie Mae, Fannie Mae Bailout, Freddie Mac, Freddie Mac Bailout, Federal Deficit, Federal Budget, Mortgage Crisis, Reality TV, Business News

Rather than facing a $200 billion deficit to do something really important, the U.S. is now heading toward a whopping $10 trillion dollar debt.

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Mrs. Palin Has No Clue "who" Freddie and Fannie Are

Diane Francis | Posted 05.25.2011

Read More: Fannie Mae, Fannie Mae Bailout, John McCain, Freddie Mac, Freddie Mac Bailout, Federal Deposit Insurance Corporation, Sarah Palin, Business News

Mrs. Palin may be relatively bright but she hasn't even a passing knowledge about the underpinnings of the financial or global capitalist system.

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Freddie and Fannie Bail-Out: Our Foreign Masters Have Spoken

Hale "Bonddad" Stewart | Posted 05.25.2011

Read More: Economy, Fannie Mae, Henry Paulson, Fannie Mae Bailout, Fannie Mae Freddie Mac Bailout, Freddie Mac, Freddie Mac Bailout, Business News

Nervous people all over the globe are what is driving this -- at least partially. And that should scare everyone. We are no longer in complete control of our sovereignty.

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Fannie and Freddie Bail-Out: How We Got Here and The Plan To Get Us Out

Hale "Bonddad" Stewart | Posted 05.25.2011

Read More: Economy, Fannie Mae Bailout, Fannie Mae Freddie Mac Bailout, Freddie Mac, Freddie Mac Bailout, Housing Crisis, Business News

This post offers: 1) A brief explanation of what Fannie Mae and Freddie Mac do and why they are so important; 2) Why they are in trouble; 3) And overview of the government's plan.

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Secretary Paulson's New Gig: Fannie And Freddie PR Man

New York Times | Stephen Labaton | Posted 05.25.2011

Read More: Fannie May, Fannie Mae Bailout, Government Bailout, Freddie Mac, Freddie Mac Bailout, Bailout, Henry Paulson, Fannie Mae, Freddy Mac, Business News

Bank examiners from the Federal Reserve and the Comptroller of the Currency are inspecting the books of the nation's two largest mortgage finance comp...

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Don't Ask, Don't Tell: the Media Circus over Fannie Mae and Freddie Mac

Yvette Kantrow | Posted 05.25.2011

Read More: Cnbc, Freddie Mac Bailout, Bryan Burrough, Vanity Fair, Richard X. Bove, New York Times, Fannie Mae, Wall Street Journal, Housing Crisis, Charles Schumer, Media News

Who knew that when Bryan Burrough fingered CNBC for helping kill off Bear Stearns Cos., he was starting a minitrend?

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Well Regulated BS

Amitai Etzioni | Posted 05.25.2011

Read More: Fannie Mae Bailout, Campaign Finance Reform, Freddie Mac, Freddie Mac Bailout, Economy, Government Regulations, Banking, Banking Crisis, Fannie Mae, Fannie Mae Freddie Mac Bailout, Campaign Finance, Politics News

As long as politicians can take money from the industries that are supposed to be regulated, taxpayers will keep paying for the profiteering of these industries.

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Freddie Mac Considers Stock Sale To Dodge Government Rescue

Wall Street Journal | James R. Hagerty, Monica Langley and Susan Pulliam | Posted 05.25.2011

Read More: Housing Market, Government Bailout, Freddie Mac, Freddie Mac Bailout, Freddie Mac Seizure, Housing Crisis, Lending Crisis, Freddie Mac Stock Sale, Business News

Mortgage giant Freddie Mac -- emboldened by emergency regulatory actions that have triggered a two-day rebound in its battered stock -- is considering...

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Capitalism for the Poor, Socialism for the Wealthy

Byron Williams | Posted 05.25.2011

Read More: Fannie Mae Bailout, Freddie Mac, Freddie Mac Bailout, Fannie Mae, Fannie Mae Freddie Mac Bailout, Socialism, Capitalism, Business News

Like Fannie and Freddie, the American economy is also a hybrid of private and public participation. We are hardly a socialist society, but we are not paragons of capitalisms.

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How The Government Would Bail Out Fannie Mae, Freddie Mac

AP | MARTIN CRUTSINGER and ALAN ZIBEL | Posted 05.25.2011

Read More: Freddie Mac, Fannie Mae, Fanny May, Government Bailout, Fannie Mae Bailout, Freddie Mac Bailout, Henry Paulson, Federal Reserve, US Treasury, Ben Bernanke, Chris Dodd, Economy, Business News

WASHINGTON — Now that the federal government has thrown a lifeline to mortgage giants Fannie Mae and Freddie Mac, taxpayers could be on the hook...

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Administration Asks Congress For Huge Fannie Mae And Freddie Mac Bailout

New York Times | Stephen Labaton | Posted 05.25.2011

Read More: Freddie Mac, Freddie Mac Bailout, Economy, Mortgage Crisis, Fannie Mae, Fannie Mae Bailout, Business News

Alarmed by the sharply eroding confidence in the nation's two largest mortgage finance companies, the Bush administration on Sunday asked Congress to ...

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Fannie Mae, Freddie Mac Bailout Would Cost Taxpayers Dearly

New York Times | GRETCHEN MORGENSON | Posted 05.25.2011

Read More: Freddie Mac, Mortgage Bailout, Government Bailout Fannie, Fannie Mae Freddie Mac Bailout, Freddie Mac Bailout, Fannie Mae Bailout, Fannie Mae, Mortgage Crisis, Business News

IT'S dispiriting indeed to watch the United States financial system, supposedly the envy of the world, being taken to its knees. But that's the show w...

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Fannie Mae, Freddie Mac Stocks Plummet At Threat Of Government Bailout

New York Times | Michael M. Grynbaum | Posted 05.25.2011

Read More: Fannie Mae Bailout, Government Bailout, Freddie Mac, Freddie Mac Bailout, Fannie Mae, Housing Crisis, Lending Crisis, Business News

Fannie Mae and Freddie Mac, the mortgage lenders at the heart of the nation's housing finances, fell to their lowest share prices in 17 years on Thurs...

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