Fannie and Freddie

Feds Defend Mortgage Giants In Suit Against Chicago

The Huffington Post | Jen Sabella | Posted 12.15.2011

Read More: Cook County Vacant Buildings Ordinance, Fannie and Freddie, Vacant Buildings, Federal Housing Finance Agency, Chicago News, Vacant Buildings Ordinance, Housing Crisis, Bank of America Foreclosures, Home Foreclosures, Action Now, Chicago Foreclosures, Feds Sue Chicago Housing, Federal Housing Lawsuit Chicago, Vacant Houses, Chicago, Fannie and Freddie Chicago Lawsuit, Illinois, Vacant Housing Ordinance Lawsuit, Foreclosure, Chicago Impact, Chicago Vacant Buildings, Chicago News

This summer, residents and community organizers called on Chicago's City Council to do something about the vacant, foreclosed properties that were bec...

Read Whole Story

Arthur Delaney

Bipartisan Group Of Senators Wants To Ban Bonuses At Fannie And Freddie

HuffingtonPost.com | Arthur Delaney | Posted 01.09.2012

Read More: Fannie and Freddie, Jay Rockefeller, John McCain, Video, Freddie Mac, Fannie Mae, Federal Housing Finance Agency, Bonuses, Fhfa, Politics News

WASHINGTON -- A bipartisan group of senators led by Jay Rockefeller (D-W.Va.) and John McCain (R-Ariz.) announced Wednesday that they want to ban bonu...

Read Whole Story

It's Time to Stop the Over-Reach by Fannie and Freddie

Rep. Mike Thompson | Posted 09.19.2011

Read More: Fannie Mae Freddie Mac, PACE Laws, Fannie and Freddie PACE, Pace, Fannie Mae, Fannie and Freddie, Property Assesed Clean Energy, Property Assesed Clean Energy Laws, Politics News
Rep. Mike Thompson

It's time for Congress to stop federal over-reach by Fannie and Freddie. That's why we're introducing the PACE Assessment Protection Act to fix the problem -- now.

Read Post

Fannie's Scandalized, Freddie's Dead -- and the Next Financial Meltdown May Have Already Started

Richard (RJ) Eskow | Posted 05.25.2011

Read More: Robert Rubin, Yves Smith, Financial Crisis Inquiry Commission, Deregulation, Privatization, Daniel Mudd, Fannie Mae, Alan Greenspan, Fannie and Freddie, Freddie Mac, Center for American Progress, Business News
Richard (RJ) Eskow

Here's an idea: Let's give hundreds of billions of dollars in government-backed guarantees to private banks so they make a fortune writing mortgages without any risk to themselves. Hey, what could go wrong?

Read Post

Another Zombie Lie: Republicans Blame Minorities (and Liberals) for Financial Crisis

Jonathan Weiler | Posted 05.25.2011

Read More: Community Reinvestment Act, Fannie and Freddie, Alan Greenspan, Subprime Mortgages, Dog-Whistle Politics, President Clinton, Business News
Jonathan Weiler

Last week, an old zombie lie was resurrected when the Financial Crisis Commission of Inquiry reached an impasse.

Read Post

Lucia Graves

Top Dems Break With Treasury Over Fannie, Freddie Losses

HuffingtonPost.com | Lucia Graves | Posted 05.25.2011

Read More: Fannie Mae Freddie Mac, Rep. Barney Frank, Fannie Mae Freddie Mac Barney Frank, Fannie and Freddie, Chairman Barney Frank, Barney Frank, Business News

Congressman Barney Frank (D-Mass.), Chairman of the House Financial Services Committee, sent a letter to the White House Friday, demanding the Federal...

Read Whole Story

Lucia Graves

Top Dem Says Fannie, Freddie 'Should Be Abolished'

HuffingtonPost.com | Lucia Graves | Posted 05.25.2011

Read More: House Financial Services Committee Chairman Barney Frank, Fannie and Freddie, Chairman Barney Frank, Rep. Barney Frank, Fannie-Mae and Freddie-Mac, Barney Frank, Abolish Fannie and Freddy, Business News

Fannie Mae and Freddie Mac should be abolished, Rep. Barney Frank, chairman of the House Financial Services Committee, said Tuesday when asked whether...

Read Whole Story

Congress and TBTF: Bring in the Bomb Squad

Joshua Rosner | Posted 05.25.2011

Read More: Fed, Tbtf, Finance, Regulation, Treasury, Congress, Obama, Fannie and Freddie, Contingent Capital, Business News
Joshua Rosner

This bill is one more act of sleight of hand by a Congress that, to the detriment of the public, fails to see that banks are there to serve the public good and can be regulated with such a goal.

Read Post

Realities of the Economic Crisis

Michael de Portu | Posted 05.25.2011

Read More: Credit Swaps, Derivative Guarantees, Sheldon Filger, Goldman Sachs, Economy, Enron, Nouriel Roubini, Financial Crisis, Fannie and Freddie, Bernie Madoff, Subprime Mortgage, Merill Lynch, Recession, Financial Fraud, Mortgage Crisis, Business News
Michael de Portu

Financial fraud typically takes a long time to detect and yet, paradoxically, the tell-tale signs are (almost) always in plain sight.

Read Post

McCain Decries Fannie And Freddie Lobbyists, Ignoring Ones He Hired

Mother Jones | Posted 05.25.2011

Read More: Freddie Mac, Rick Davis, Fannie and Freddie, McCain Lobbyists, Mortgage Lenders, Rick Davis Fannie Mae, Mccain Fannie Mae, Mccain Campaign Lobbyists, Fannie Mae, Politics News

John McCain railed against Fannie Mae and Freddie Mac on the campaign trail today, saying that the CEOs that led the lenders to ruin "deserve nothing"...

Read Whole Story