Government Sponsored Entities

Fannie Mae Posts Huge Loss, Requests Billions In Fed Aid

AP | By The Associated Press | Posted 07.06.2011

Read More: Foreclosures, Mortgages, Fannie Mae Bailout, Foreclosure Crisis, Freddie Mac, Home Prices, Fannie Mae, Gses, Fannie Mae Loss, Government-Sponsored-Entities, Business News

WASHINGTON -- Mortgage buyer Fannie Mae reported a loss of $8.7 billion for the January-March quarter, and asked for an additional $8.5 billion in fed...

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Fannie, Freddie Narrow Losses, But Want More Government Aid

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

Read More: Foreclosures, Mortgages, Foreclosure Crisis, Fannie Freddie Reform, Freddie Mac, Fannie Freddie Losses, Fannie Mae, Gses, Government-Sponsored-Entities, Business News

NEW YORK -- Fannie Mae and Freddie Mac, the troubled mortgage giants taken over by the federal government, reported improved earnings last quarter as ...

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Freddie Mac Posts A Loss Of Nearly $2 Billion

AP | MARCY GORDON | Posted 05.25.2011

Read More: Mortgages, Foreclosure Crisis, Mortgage Lenders, Fannie Freddie Reform, Freddie Mac, Fannie Mae, Freddie Mac Q4 Loss, Gses, Government-Sponsored-Entities, Business News

WASHINGTON — Government-controlled mortgage buyer Freddie Mac managed a narrower loss of $1.7 billion for the October-December quarter of last y...

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Let's Not Lose Sight of Affordable Housing Goals When Reforming Housing Finance

Dory Rand | Posted 05.25.2011

Read More: Fannie Mae, Freddie Mac, Gses, Financial Reform, Affordable Housing, Government-Sponsored-Entities, Business News

Debate is brewing about what shape our housing finance system should take in the years to come. But we need to ensure that the system that emerges meets the needs of low-wealth people.

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

Bloomberg | Lorraine Woellert | Posted 05.25.2011

Read More: Foreclosures, Mortgages, Fannie Freddie Reform, Freddie Mac, Fannie Freddie, Bailouts, Fannie Mae, Taxpayers, Government-Sponsored-Entities, Business News

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. ...

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Obama Calls For End To Fannie Mae, Freddie Mac

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

Read More: Obama-Freddie-Mac, The Financial Fix, Obama Housing, Gse-Reform, Fannie Mae, Housing Finance, Gse, Gses, Housing Crisis, Housing Reform, Freddie Mac, Obama-Fannie-Mae, Government-Sponsored-Entities, Business News

NEW YORK -- The Obama administration outlined three options Friday to change the way home loans are financed, calling for the slow death of mortgage g...

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When the Rich Get Risky: Inequality and Financial Crises

Ray Brescia | Posted 05.25.2011

Read More: Foreclosures, Community Reinvestment Act, Foreclosure Crisis, Freddie Mac, Economy, Financial Reform, Great Recession, Fannie Mae, Business, Inequality, Government-Sponsored-Entities, Politics News

One of the most striking--and perhaps most underreported--aspects of the financial crisis is reflected in one economic indicator. The chart below tra...

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George Soros: Fannie, Freddie Shouldn't Finance Mortgages, Bond Market Should Lend Directly To Homeowners

GEORGE SOROS | Posted 05.25.2011

Read More: Federal Housing Administration, Mortgages, Fha, George Soros, Freddie Mac, Mortgage Crisis, Fannie Mae Freddie Mac Bailout, Fannie Mae, Gses, Government-Sponsored-Entities, Business News

With the private sector largely incapacitated, the GSEs and FHA became virtually the only source of mortgage financing. This is a paradoxical situatio...

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Obama Admin Too Busy To Deal With Fannie, Freddie, Says Assistant Treasury Secretary

washingtonpost.com | Zachary A. Goldfarb | Posted 05.25.2011

Read More: Treasury Department, Freddie Mac, Mortgage Crisis, Financial Crisis, Obama Administration, Fannie Mae, Fannie Mae Freddie Mac Bailout, Gses, Freddie Mac Takeover, Michael Barr, Government-Sponsored-Entities, Fannie Mae Takeover, Business News

The Washington Post reports that according to Michael Barr, the assistant Treasury secretary for financial institutions, the Treasury Department has b...

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

Huffington Post | Ryan McCarthy | Posted 05.25.2011

Read More: Freddie Mac, Fannie Freddie Bailout, Fannie Freddie, Mortgages, Barney Frank, Foreclosures, Federal Reserve, Fannie Mae, Gse, Housing Crisis, Government-Sponsored-Entities, Business News

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...

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Matt Taibbi: Fannie, Freddie, and the New Red and Blue

True/Slant | Matt Taibbi | Posted 05.25.2011

Read More: Alt-a Mortgages, Matt Taibbi, Freddie Mac, Subprime Mortgages, Edward Pinto, Tim Geithner, Barney Frank, Mortgage Crisis, Market-Bubbles, Fannie Mae, Alan Greenspan, Government-Sponsored-Entities, Business News

This GSE story is a big one, but if it gets used as a path back to a "The Market Reacted Rationally" version of history, we're screwed. It has to be l...

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Fannie, Freddie Stock Prices Soar On Announcement Of Government's Blank Check Support

Posted 05.25.2011

Read More: Treasury Department, Freddie Mac, Fannie, Freddie, Fannie Mae, Fannie Freddie Stock Price, Gse, Blank Check, Government-Sponsored-Entities, Business News

Call it a Christmas gift for the mortgage giants. Shares of Fannie Mae and Freddie Mac were up big yesterday on the Treasury Department's Christmas...

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Fannie, Freddie Execs' Multi-Million Dollar Salaries REVEALED

AP | ALAN ZIBEL | Posted 05.25.2011

Read More: CEO Pay, Freddie Mac, Fannie Freddie Executives, Fannie, Freddie, Ed Haldeman, Fannie Mae, Pay Czar, Gses, Kenneth Feinberg, Government-Sponsored-Entities, Michael Williams, Business News

WASHINGTON — Federal regulators plan to disclose Thursday that the top executives of government-controlled mortgage finance companies Fannie Mae...

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Fannie, Freddie Still Struggling A Year After Takeover

AP | By ALAN ZIBEL | Posted 05.25.2011

Read More: Mortgage Crisis, Fannie Mae, Mortgages, Housing Market, Freddie Mac, Government-Sponsored Entities, Business News

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Fannie's Lesson: The Real Scandals Are Legal

Dick Meyer | Posted 05.25.2011

Read More: Walter Mondale, Corruption, Fannie Mae Bailout, Bailout, Lobbyists, Fannie Mae, Government Sponsored Entities, Fannie Mae Freddie Mac Bailout, Fannie Mae Freddie Mac Lobbying, Business News

The government is putting taxpayer funds at risk to stabilize Fannie Mae -- another episode in a long-running legal scandal. There are no hookers, embezzlers and slush funds. Just laws, lobbyists and pay packages.

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