Fannie Mae Bailout

Freddie and Fannie -- Has Everyone Gone Postal?

Adam Levin | Posted 11.07.2011

Read More: Ubs, Mortgages, Fannie Mae Bailout, Adam Levin, Subprime Mortgages, U.S. Postal Service, Freddie Mac, Bailout, Postal Service, Usps, Mortgage Crisis, Fannie Mae, Aig, Fannie Mae Freddie Mac Bailout, Bank Bailout, Business News
Adam Levin

Between Freddie and Fannie's latest woes and the United States Postal Service teetering on collapse, it's been a bad week or so for quasi-governmental agencies.

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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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Mortgage Giants Leave Legal Bills To The Taxpayers

New York Times | Posted 05.25.2011

Read More: Freddie Mac, Leanna Spencer, Freddie Mac Bailout, Franklin Raines, Mortgages, Mortgage Crisis, Fannie Mae, Fannie Mae Freddie Mac Bailout, Timothy Howard, Financial Bailout, Fannie Mae Legal Bills, Mortgage Bailout, Fannie Mae Bailout, Business News

Since the government took over Fannie Mae and Freddie Mac, taxpayers have spent more than $160 million defending the mortgage finance companies and th...

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The Biggest Financial Bailout of Them All

Garrett Johnson | Posted 05.25.2011

Read More: Fannie Mae Bailout, Federal Budget Deficit, Business News
Garrett Johnson

Fannie Mae was actually hiding the vast majority of its worst performing mortgages off-book. Just how much is the taxpayer is on the hook for?

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Fannie Mae 4Q

AP | ALAN ZIBEL | Posted 05.25.2011

Read More: Fannie Mae, Fannie Mae Bailout, Fannie Mae Earnings, Fannie Freddie, Fannie Mae 4Q, Business News

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

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Fannie Mae Retention Bonuses: 4 Top Executives Each Get $1M

AP | ALAN ZIBEL | Posted 05.25.2011

Read More: Fannie Mae, Fannie Mae Bailout, Fannie Mae Retention Bonuses, Fannie Mae Bonuses, Bailout Outrage, Business News

WASHINGTON — Fannie Mae plans to pay retention bonuses of at least $1 million to four key executives as part of a plan to keep hundreds of emplo...

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Fannie and Freddie Will Likely Never Return To Private Hands

New York Times | CHARLES DUHIGG | Posted 05.25.2011

Read More: Fannie Mae Bailout, Freddie Mac, Fannie Mae, Fannie and Freddie to Stay Public, Fannie Mae Freddie Mac Bailout, Business News

Despite assurances that the takeover of Fannie Mae and Freddie Mac would be temporary, the giant mortgage companies will most likely never fully retur...

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Report: Fannie, Freddie Execs Were Warned Of Loan Problems Years Ago

Washington Post | Zachary A. Goldfarb | Posted 05.25.2011

Read More: Freddie Mac, Fannie Mae Warnings, Freddie Mac Loans, Fannie Mae Loans, Freddie Mac Bailout, Fannie Mae Bailout, Fannie Mae, Bailout Outrage, Freddie Mac Mortgage Crisis, Business News

Internal Freddie Mac documents show that senior executives at the company were warned years ago that they were offering mortgages that could pose dang...

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Solution to Economy Depends on Refinanced Mortgages, HOME Act

Rep. Dennis Cardoza | Posted 05.25.2011

Read More: U.S. Economy, Housing Market, California, Central Valley, Housing, Retirement, Economy, Economic Crisis, Mortgage Crisis, Fannie Mae, Home Act, California's Central Valley, Housing Crisis, Housing Slump, US Economy, Politics, Mortgages, Homebuying, Fannie Mae Bailout, Freddie Mac, Subprime Mortgages, Job Cuts, Saving for Retirement, Homebuyers, Subprime Mortgage Crisis, Politics News
Rep. Dennis Cardoza

American families are losing their homes and I know this problem all too well. It began in my own backyard in California's Central Valley, which has been coined "ground zero" of the housing crisis.

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Fannie, Freddie Testimony: Who's To Blame For Lowered Standards?

AP | ALAN ZIBEL | Posted 05.25.2011

Read More: Fannie Mae Bailout, Freddie Mac, Freddie Mac Bailout, Fannie Mae Testimoney, Finance, Economy, Financial Crisis, Fannie Mae, Henry Waxman, Freddie Mac Testimony, Mortgage Crisis, Home News

WASHINGTON — Three months after the government seized control of Fannie Mae and Freddie Mac, lawmakers on Tuesday blamed former top executives a...

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Fannie, Freddie Bailout Yet To Achieve Goals

Washington Post | Posted 05.25.2011

Read More: Freddie Mac Bailout, Fannie Freddie Bailout, Fannie Mae Bailout, Housing Crisis, Business News

Almost two months ago, the government sought to revive the nation's ailing mortgage sector by seizing Fannie Mae and Freddie Mac and pumping money int...

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We, The People, Should Run Freddie Mac and Fannie Mae

Jonathan Tasini | Posted 05.25.2011

Read More: 2008 Elections, Fannie Mae, Freddie Mac, Housing Crisis, Fannie Mae Bailout, Business News
Jonathan Tasini

Since we are now on the hook for hundreds of billions of dollars to bail out Freddie Mac and Fannie Mae the management of those two institutions should now be handed over to the public.

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The Future of Fannie and Freddie

David M. Abromowitz | Posted 05.25.2011

Read More: Fannie Mae, Fannie Mae Bailout, Fannie Mae Freddie Mac Bailout, Freddie Mac, Business News
David M. Abromowitz

The dramatic semi-nationalization of America's primary home mortgage companies is justified under the circumstances given that nearly 1 in 10 home mortgage borrowers today are in trouble.

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Fannie/Freddie Fallout: The US' Financing Bill is Coming Due

Hale "Bonddad" Stewart | Posted 05.25.2011

Read More: Economy, Fannie Mae Bailout, Freddie Mac, Fannie Mae, Fannie Mae Freddie Mac Bailout, Fannie Freddie Rescue Plan, Housing Crisis, Recession, Business News
Hale

One of the largest financial decisions of the last 100 years -- the decision to essentially nationalize elements of the mortgage market -- was driven by outside (non-US) investors.

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NEW YORK TIMES EDITORIAL MISSES THE MARK

Jim Randel | Posted 05.25.2011

Read More: Fannie Mae Bailout, John McCain, Subprime Mortgages, Freddie Mac, Breaking Political News, Subprime Mortgage Crisis, Recession Fears, New York Times, Fannie Mae, Barack Obama, Sarah Palin, Housing Crisis, Economy, Business News
Jim Randel

Today's (September 9) editorial in The New York Times, titled "The Bailout's Big Lessons" claims that one of the reasons the government had to act to ...

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Stuff Happens: The Mortgage Bailout and the Federal Budget

Scott Bittle and Jean Johnson | Posted 05.25.2011

Read More: Federal Debt, Fannie Mae, Fannie Mae Bailout, Freddie Mac, Freddie Mac Bailout, Federal Deficit, Federal Budget, Mortgage Crisis, Reality TV, Business News
Scott Bittle and Jean Johnson

Rather than facing a $200 billion deficit to do something really important, the U.S. is now heading toward a whopping $10 trillion dollar debt.

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Freddie and Fannie Bail-Out: Our Foreign Masters Have Spoken

Hale "Bonddad" Stewart | Posted 05.25.2011

Read More: Economy, Fannie Mae, Henry Paulson, Fannie Mae Bailout, Fannie Mae Freddie Mac Bailout, Freddie Mac, Freddie Mac Bailout, Business News
Hale

Nervous people all over the globe are what is driving this -- at least partially. And that should scare everyone. We are no longer in complete control of our sovereignty.

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Little Orphan Fannie

Robert Kuttner | Posted 05.25.2011

Read More: Robert Kuttner, Fannie Mae, Fannie Mae Bailout, Housing Crisis, Subprime Mortgage Crisis, Barack Obama, Home News
Robert Kuttner

Here is the cycle: government invents something virtuous. The private market takes it over, loses hundreds of billions. Government then bails it out. Surely there is an Obama teachable moment here.

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Mrs. Palin Has No Clue "who" Freddie and Fannie Are

Diane Francis | Posted 05.25.2011

Read More: Fannie Mae, Fannie Mae Bailout, John McCain, Freddie Mac, Freddie Mac Bailout, Federal Deposit Insurance Corporation, Sarah Palin, Business News
Diane Francis

Mrs. Palin may be relatively bright but she hasn't even a passing knowledge about the underpinnings of the financial or global capitalist system.

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An Argument for Giving Every American Their Own Shares in Fannie and Freddie

Adam Hanft | Posted 05.25.2011

Read More: Fannie Mae Bailout, John McCain, Subprime Mortgages, Subprime Mortgage Crisis, Fannie Mae, Housing Crisis, Fannie Mae Freddie Mac Bailout, Recession, Barack Obama, Business News
Adam Hanft

With the bailout of Fannie and Freddie you and every taxpayer are proud owners of your very own piece of the subprime mortgage catastrophe.

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The Fannie/Freddie Bail-Out: The Plan and Why Now?

Hale "Bonddad" Stewart | Posted 05.25.2011

Read More: Economy, Fannie Mae, Fannie Mae Bailout, Freddie Mac, Business News
Hale

Fannie and Freddie will grow a bit and then become far more manageable from a size perspective. This is a very sound policy, if only to prevent a bail-out of mammoth proportions from having to occur again.

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Fannie and Freddie Bail-Out: How We Got Here and The Plan To Get Us Out

Hale "Bonddad" Stewart | Posted 05.25.2011

Read More: Economy, Fannie Mae Bailout, Fannie Mae Freddie Mac Bailout, Freddie Mac, Freddie Mac Bailout, Housing Crisis, Business News
Hale

This post offers: 1) A brief explanation of what Fannie Mae and Freddie Mac do and why they are so important; 2) Why they are in trouble; 3) And overview of the government's plan.

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Government Plans Takeover Of Fannie Mae, Freddie Mac

AP | ALAN ZIBEL | Posted 05.25.2011

Read More: Fannie Mae, Freddie Mac, Treasury Department, Fannie Mae Bailout, Business News

WASHINGTON — The government is expected to take over Fannie Mae and Freddie Mac as soon as this weekend in a monumental move designed to protect...

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The Price of Risk

Jared Bernstein | Posted 05.25.2011

Read More: Fannie Mae Bailout, Freddie Mac, Conservatives, Insurance, Fannie Mae, Fannie Mae Freddie Mac Bailout, 2008 Election, Shampoo Economy, Recession, Risk, Business News
Jared Bernstein

"Conservative" used to mean risk-averse. Now it means "risk be damned, I want my oil, my house, my risky financial instruments, and my government bailout when they fail."

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Secretary Paulson's New Gig: Fannie And Freddie PR Man

New York Times | Stephen Labaton | Posted 05.25.2011

Read More: Fannie May, Fannie Mae Bailout, Government Bailout, Freddie Mac, Freddie Mac Bailout, Bailout, Henry Paulson, Fannie Mae, Freddy Mac, Business News

Bank examiners from the Federal Reserve and the Comptroller of the Currency are inspecting the books of the nation's two largest mortgage finance comp...

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