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Freddie Mac

Barney Frank: Fannie, Freddie Are Basically 'Public Policy Instruments Of The Government' (VIDEO)

Posted 05.25.2011 | Business

In an appearance on CNBC this morning, House Financial Services Committee Chairman Barney Frank (D-Mass.) made an unusual claim about the mortgage gia...

FHA: Federal Housing Authority Low On Cash, High On Leverage | Posted 05.25.2011 | Business

The Treasury has announced new "capital cushion" requirements for financial institutions to reduce excessive risk and prevent taxpayer bailouts. Seems...

Toxic Assets: Government's New Programs Aim To Buy Buy Banks' Bad Assets, Help Home Buyers

Washington Post | Renae Merle and David Cho | Posted 05.25.2011 | Business

The Obama administration is close to rolling out two initiatives aimed at addressing lingering problems from the financial crisis: A long-delayed effo...

401k Investing: 8 Zombie Stocks To Avoid

BloggingStocks | Michael Shulman | Posted 05.25.2011 | Business

Right now there are few things scarier than the post-market report on CNBC. It's almost like watching a horror movie. And I've got some zombie stoc...

Mortgage Market: U.S. Government Still Propping Up Real Estate: Newsweek | Daniel Gross | Posted 05.25.2011 | Business

While the government has pacified the commercial finance, savings, and plain-vanilla banking sectors, it's sending reinforcements into the vast, resti...

Uncle Sam's Not-So-Graceful Exit from Real Estate

Eric Schurenberg | Posted 05.25.2011 | Business
Eric Schurenberg

The Fed and the Treasury have to take the training wheels off the wobbly financial system without tipping it back into chaos.

Financial Crisis Panel To Begin Inquiry

AP | By ANNE FLAHERTY | Posted 05.25.2011 | Business


Zombie Companies Haunt Stock Market Rally

Garrett Johnson | Posted 05.25.2011 | Business
Garrett Johnson

Insiders are selling and only speculators are buying. This doesn't sound like a market that the little guy should get involved with.

Fannie, Freddie Still Struggling A Year After Takeover

AP | By ALAN ZIBEL | Posted 05.25.2011 | Business


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 ...

NYT: Government Pays Legal Bills For Executives That Defrauded The Government

New York Times | GRETCHEN MORGENSON | Posted 05.25.2011 | Politics

As a result of the Fannie takeover, taxpayers are paying millions of dollars in legal defense bills for three top former executives, including Frankli...

Government Faces Tough Decisions About Hot To Stabilize Mortgage Market | Zachary A. Goldfarb and Dina ElBoghdady | Posted 05.25.2011 | Business

Only one lender of consequence remains: the federal government, which undertook one of its earliest and most dramatic rescues of the financial crisis ...

Analyst Says Fannie, Freddie Have "No Underlying Value" | 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...

Splitting Fannie, Freddie | 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...

Homeowners Get Help in DC, But Not From Government

Matthew Palevsky | Posted 05.25.2011 | Home
Matthew Palevsky

2008-07-24-forclosure.jpg This week thousands of homeowners lined sixtieth street, 3 blocks from the White House, waiting for help to lower their mortgage rates.

Fannie Mae, Freddie Mac Are Most Costly Bailouts

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

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

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.

Fox Nation: The Seedy Underbelly of Rupert Murdoch's Evil Empire?

Karl Frisch | Posted 05.25.2011 | Media
Karl Frisch

In the two months that followed the website's launch, The Fox Nation has displayed an uncanny ability to mislead readers, twist the truth, spread wild conspiracy theories, and misrepresent the reporting of legitimate journalists.

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.

Our Loss is BlackRock's Gain

Robert Scheer | Posted 05.25.2011 | Business
Robert Scheer

How much do you know about the BlackRock hedge fund? Better bone up fast, now that the folks at BlackRock are calling the shots in the government's trillion-dollar bailout program.

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.

Freddie Mac To Tap $6.1 Billion More In Treasury Capital

AP | ALAN ZIBEL | Posted 05.25.2011 | Home

WASHINGTON — Mortgage giant Freddie Mac is looking for $6.1 billion in additional government aid as the cost to taxpayers from the housing marke...

Kellermann Autopsy Incomplete

AP | Posted 05.25.2011 | Business

McLEAN, Va. — Medical examiners have completed an autopsy on a Freddie Mac executive found dead in an apparent suicide, but say a final determin...