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Fannie and Freddie

Time to Stop Undermining Homeownership

Ralph Nader | Posted 10.16.2013 | Business
Ralph Nader

The post-financial crisis reality is that the dream of owning a home has ended for too many Americans. Looking ahead, it is unfortunate that much of the same flawed thinking that led to the subprime mortgage crisis is now re-occurring.

Why Closing Down Fannie And Freddie May Be Bad For Homebuyers

AP | ANDREW MIGA | Posted 08.07.2013 | Business

WASHINGTON -- Homebuyers could feel the pinch if Congress follows through on plans to shut down Fannie Mae and Freddie Mac, the government-controlled ...

Well Then It's Settled?

The Huffington Post | Jillian Berman | Posted 08.15.2012 | Business

Thing One: It's Settled? Well it looks like that ‘rogue’ New York regulator won this one. Standard Chartered, the British bank accused of helping...

Feds Defend Mortgage Giants In Suit Against Chicago

The Huffington Post | Jen Sabella | Posted 12.15.2011 | Chicago

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

Arthur Delaney

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

HuffingtonPost.com | Arthur Delaney | Posted 01.09.2012 | Politics

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...

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

Rep. Mike Thompson | Posted 09.19.2011 | Politics
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.

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

Richard (RJ) Eskow | Posted 05.25.2011 | Business
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?

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

Jonathan Weiler | Posted 05.25.2011 | Business
Jonathan Weiler

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

Lucia Graves

Top Dems Break With Treasury Over Fannie, Freddie Losses

HuffingtonPost.com | Lucia Graves | Posted 05.25.2011 | Business

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

Lucia Graves

Top Dem Says Fannie, Freddie 'Should Be Abolished'

HuffingtonPost.com | Lucia Graves | Posted 05.25.2011 | Business

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

Congress and TBTF: Bring in the Bomb Squad

Joshua Rosner | Posted 05.25.2011 | Business
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.

Realities of the Economic Crisis

Michael de Portu | Posted 05.25.2011 | Business
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.

McCain Decries Fannie And Freddie Lobbyists, Ignoring Ones He Hired

Mother Jones | Posted 05.25.2011 | Politics

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"...