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Fannie Freddie

Firm Seeks To Buy Parts Of Fannie And Freddie

Reuters | Posted 01.23.2014 | Business

Nov 13 (Reuters) - Fairholme Capital Management has proposed to buy the insurance businesses of Fannie Mae and Freddie Mac, a move that seeks to res...

Fannie Mae Posts $10.1 Billion Profit

AP | Posted 10.08.2013 | Business

WASHINGTON — Mortgage giant Fannie Mae earned $10.1 billion in the second quarter, aided by the recovery in the housing market. The government-c...

Florida To Fannie, Freddie: You Owe Us Money

Posted 06.20.2012 | Business

Fannie Mae and Freddie Mac supposedly owe Florida taxpayers some money, and authorities say it's time to collect. Officials in Hernando County, Fl...

Watchdog: Mortgage Giants Spending Too Much Defending Former Execs

AP | MARCY GORDON | Posted 02.22.2012 | Business

WASHINGTON -- The U.S. government regulator for Fannie Mae and Freddie Mac must do a better job limiting legal expenses paid by the two mortgage giant...

FBI Reportedly Investigating Fannie Mae, Freddie Mac For Role In Subprime Crisis

The Huffington Post | Alexander Eichler | Posted 12.21.2011 | Business

It's been a bad month for Fannie Mae and Freddie Mac. The Securities and Exchange Commission announced last week that it was suing half a dozen for...

Fannie, Freddie To Cut Lenders' Risk To Boost Refinancing Program

Posted 11.16.2011 | Business

Fannie Mae (FNMA.OB) and Freddie Mac (FMCC.OB), the largest sources of U.S. housing finance, both said on Tuesday they would relieve lenders from ...

Obama Administration To Unveil Mortgage Relief Program

Posted 10.31.2011 | Politics

By Margaret Chadbourn WASHINGTON -- The Obama administration is considering unveiling new plans next week to revive the ailing housing market a...

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

Bloomberg | Lorraine Woellert | Posted 05.25.2011 | Business

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. ...

The End Of Fannie And Freddie?

wsj.com | NICK TIMIRAOS | Posted 05.25.2011 | Business

...

$600 Billion To Boost Economy But $1.8 Trillion Lost To Foreclosures Why Is The Federal Government Powerless To Make Banks Help Homeowners?

John Taylor | Posted 05.25.2011 | Politics
John Taylor

Along with other community and housing groups, the National Community Reinvestment Coalition has been pushing the White House and Congress to require ...

Fannie, Freddie Reform Could Cost $685 BILLION

Posted 05.25.2011 | Business

NEW YORK, Nov 4 (Reuters) - Costs to "resolve" U.S. mortgage finance giants Fannie Mae and Freddie Mac, and capitalize a new entity to replace their r...

Fannie, Freddie May Forgive Mortgage Debt For Some Borrowers: Reuters

James Pethokoukis | Posted 05.25.2011 | Business

Main Street may be about to get its own gigantic bailout. Rumors are running wild from Washington to Wall Street that the Obama administration is abou...

FHA: Banks Should Share Fannie, Freddie Bailout Costs

AP | ALAN ZIBEL | Posted 05.25.2011 | Business

WASHINGTON — The nation's largest banks have an obligation to pay some of the cost for bailing out mortgage buyers Fannie Mae and Freddie Mac be...

What Should Be Done With Fannie And Freddie?

AP | ALAN ZIBEL | Posted 05.25.2011 | Business

WASHINGTON — The call from business for less government has a notable exception: the mortgage market. The Obama administration invited banking ...

Fannie Mae, Freddie Mac Shares To Be Pulled From NYSE

AP | Posted 05.25.2011 | Business

NEW YORK — Government-sponsored mortgage purchasers Fannie Mae and Freddie Mac plan to delist their shares from the New York Stock Exchange. The ...

Financial Reform Proposals By The Obama Administration Ignore 'Too Big To Fail': Simon Johnson

baselinescenario.com | Simon Johnson | Posted 05.25.2011 | Business

We agree completely with the administration's approach -- actually, with Elizabeth Warren's approach -- to consumer protection. (We make this clear i...

Fannie Mae 4Q

AP | ALAN ZIBEL | Posted 05.25.2011 | Business

WASHINGTON — Fannie Mae needs another $15 billion in federal assistance, bringing its total to more than $75 billion. And worse, the mortgage fi...

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

Huffington Post | Ryan McCarthy | Posted 05.25.2011 | Business

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...

Fannie, Freddie, Forgotten In Reform Bills, May Ask Government For MORE Money

Huffington Post | Ryan McCarthy | Posted 05.25.2011 | Business

Those who assumed that the recent round of TARP repayments by Citigroup and Wells Fargo signaled an end to the bailout era may want to think again. ...

Ryan Grim

Bipartisan Effort Would Force An IG On Fannie And Freddie

HuffingtonPost.com | Ryan Grim | Posted 05.25.2011 | Business

A bipartisan foursome in the House of Representatives introduced a bill on Wednesday that would require the head of the Federal Housing Finance Agency...

Jeff Muskus

Issa Threatens To Strip Federal Money From Fannie And Freddie

HuffingtonPost.com | Jeff Muskus | Posted 05.25.2011 | Politics

Taxpayer money shouldn't be used to back some $6 trillion in home mortgages if there is no inspector general keeping watch over those funds, the ranki...

Administration Increases Fannie/Freddie Support

AP | J.W. ELPHINSTONE | Posted 05.25.2011 | Business

NEW YORK — The government has handed its ATM card to beleaguered mortgage giants Fannie Mae and Freddie Mac. The Treasury Department said Thurs...

Ryan Grim

Fannie and Freddie Fire Their Own Inspector General

HuffingtonPost.com | Ryan Grim | Posted 05.25.2011 | Politics

There is no independent auditor overseeing the federal agency responsible for some $6 trillion in home mortgages, because the Department of Justice's ...

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 ...

Fannie Mae Wants Another $10.7B In U.S. Aid

AP | Alan Zibel, AP Real Estate Writer | Posted 05.25.2011 | Business

WASHINGTON (AP) -- Fannie Mae plans to tap $11 billion in new government aid after posting another massive quarterly loss as the taxpayer bill from th...