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Fannie Mae

7 Things Wall Street Can Be Thankful For This Year (PHOTOS, POLL)

Posted 11.26.2009 | Business

Read More: 7 Things Wall Street Can Be Thankful For, Thanksgiving, Too Big to Fail, Slidepoll, Fannie Mae, Federal Reserve, Var, Goldman Sachs, Freddie Mac, Wall Street, Banks, Financial Crisis, Bonuses, Wall Street Pay, Business News

A little more than one year after the financial crisis brought the economy to a standstill -- threatening nearly every firm on Wall Street -- one thin...

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Housing Crisis Broadening: Even Renters Are Not Safe From Foreclosures

The Washington Post | Robin Shulman | Posted 11.22.2009 | Business

Read More: Renters Foreclosures, Urban Institute, Fannie Mae, Institute for Housing Studies, NeighborhoodInfo DC, Janeia Sandiford, Ocelot Capital Group, Rental Buildings, Renters, D.C. Local Initiatives Support Corp., Rental Investors, propertyshark.com, Business News

A new wave of foreclosures stands to hurt people who may have never taken out a mortgage: renters. ...

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Ryan Grim

House Dems To Sic Watchdog On Fannie, Freddie

HuffingtonPost.com | Ryan Grim | Posted 11.16.2009 | Politics

Read More: Freddie Mac, Darrell Issa, Federal Home Loan Banks, Federal Housing Finance Agency, Fannie Mae, Politics News

House Democrats are working on a rapid legislative fix that would finally put an independent watchdog in place at the agency with authority over Fanni...

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Administration Asleep at the Wheel on FHA Oversight

Rep. Darrell Issa | Posted 11.13.2009 | Politics

Read More: Federal Housing Administration, Ed Kelley, Freddie Mac, Wall Street, Fannie Mae, Obama Administration, David Stevens, Politics News
Rep. Darrell Issa

Congress and the administration are addicted to using the taxpayers to prop up the flailing housing market without proper oversight. It is precisely this negligent behavior that got us into this mess.

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Jeff Muskus

Issa Threatens To Strip Federal Money From Fannie And Freddie

HuffingtonPost.com | Jeff Muskus | Posted 11.11.2009 | Politics

Read More: Fannie Mae, Freddie Mac, Fannie Freddie, Ig Fired, Darrell Issa, Oversight, Politics News

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...

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Ryan Grim

Fannie and Freddie Fire Their Own Inspector General

HuffingtonPost.com | Ryan Grim | Posted 11.13.2009 | Politics

Read More: Freddie Mac, Fannie Freddie, Ig Fired, Fannie Mae IG, Freddie Mac IG, Fannie Mae, Transparency, Politics News

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

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Fannie Mae Rental Program DETAILS: Program Will Let Thousands Rent Out Homes To Avoid Foreclosure

AP | ALAN ZIBEL | Posted 11.06.2009 | Business

Read More: Freddie Mac, Fannie Rent, Home Prices, Deed for Lease, Mortgage Crisis, Fannie Mae, Foreclosure, Real Estate, Housing Crisis, Business News

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Brad DeLong: What Would Have Happened If We Didn't Bailout The Bankers?

Project Syndicate | Brad DeLong | Posted 11.04.2009 | Business

Read More: Tarp, Nationalization, Bailout, Brad Delong, Financial Crisis, Banks, Fannie Mae, Freddi Mac, Fiscal Policy, Business News

It is worth stepping back and asking: What would the world economy look like today if policymakers had acceded to the populist demand of no support to...

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States May Sue Banks For Fraud Over Mortgage Crisis

nytimes.com | DAVID STREITFELD and JOHN COLLINS RUDOLF | Posted 11.03.2009 | Business

Read More: Supreme Court, Fraud, Mortgages, Freddie Mac, Mortgage Fraud, Banks, Fannie Mae, Foreclosure, Terry Goddard, Eliot Spitzer, Housing Crisis, Business News

Frustrated by the banks' inability or unwillingness to stop an avalanche of foreclosures, the states are considering lawsuits over the creation and ma...

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Geithner Testimony: New "Too Big To Fail" Legislation Won't Lead To More Bailouts

AP | JIM KUHNHENN and ANNE FLAHERTY | Posted 11.02.2009 | Business

Read More: Aig, Chrysler, Gm, Lehman Brothers, Federal Reserve Board, Tim Geithner, Barney Frank, Freddi Mac, Fannie Mae, Daniel Tarullo, Bailout, Too Big Too Fail, Geithner Testimony, House Financial Services Committee, Financial Crisis, Fiscal Policy, Business News

WASHINGTON — An Obama administration plan to dissolve large, struggling financial firms rather than bail them out is encountering Republican res...

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Divergence, of Course

Max Fraad Wolff | Posted 10.20.2009 | Business

Read More: Alabama, California, Bankruptcy, Federal Budget Deficit, Wall Street, Main Street, Fannie Mae, Foreclosure, Household Debt, Business News
Max Fraad Wolff

Despite the excitement over the stock markets, credit markets remain ground zero. They are where defaults destroy fortunes but they are also crucial to US industrial growth.

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Concerns Grow About Another Mortgage Giant

nytimes.com | LOUISE STORY | Posted 10.08.2009 | Business

Read More: Federal Housing Administration, Mortgages, Freddie Mac, Bailout, FHA Loans, Fha, Loans, Taxpayer Money, Mortgage Loans, Fannie Mae, Government Loans, David H. Stevens, Business News

WASHINGTON -- First it was Fannie Mae and Freddie Mac. Now concern is growing that another government mortgage giant might teeter, just as the nation'...

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Skewed Recovery

Max Fraad Wolff | Posted 09.29.2009 | Business

Read More: Debt, Fed, Economy, Economic Crisis, Mortgage Crisis, Financial Crisis, Fannie Mae, Economic Recovery, Fannie Mae Freddie Mac Bailout, Business News
Max Fraad Wolff

Angry masses see the recession as purely financial. This is false. Policy makers have rushed to address the financial crisis. This is near sighted. We have addressed one of our afflictions and left the greater economic problems under-appreciated and unaddressed.

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FHA: Federal Housing Authority Low On Cash, High On Leverage

wsj.com | Posted 09.29.2009 | Business

Read More: Freddie Mac, Treasury Department, Fha, Fannie Mae, Economy, Federal Housing Authority, Real Estate, Leverage, Capital Cushions, Uncle Sam, Subrpime, Business News

The Treasury has announced new "capital cushion" requirements for financial institutions to reduce excessive risk and prevent taxpayer bailouts. Seems...

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Toxic Assets: Government's New Programs Aim To Buy Buy Banks' Bad Assets, Help Home Buyers

Washington Post | Renae Merle and David Cho | Posted 11.28.2009 | Business

Read More: White House, Finance, Tax Credits, Banks, Troubled Assets, Housing and Economic Recovery Act, Mortgages, Fannie Mae, Recession, Obama, Real Estate, Bad Assets, Geithner, Billions, Freddie Mac, Toxic Assets, Housing, Treasury, Lending, Tarp, Business News

The Obama administration is close to rolling out two initiatives aimed at addressing lingering problems from the financial crisis: A long-delayed effo...

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401(k) Investing: 8 Zombie Stocks To Avoid

BloggingStocks | Michael Shulman | Posted 11.28.2009 | Business

Read More: 401(K), Investing, JPMorgan Chase, Freddie Mac, Zombie Stocks, General Motors, Wells Fargo, Bank of America, Fannie Mae, Aig, Zombie Banks, Ford, Citigroup, Business News

Right now there are few things scarier than the post-market report on CNBC. It's almost like watching a horror movie. And I've got some zombie stoc...

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Mortgage Market: U.S. Government Still Propping Up Real Estate: Newsweek

newsweek.com | Daniel Gross | Posted 11.24.2009 | Business

Read More: Tarp, Mortgages, Freddie Mac, Bailout, Mortgage Market, Fannie Mae, Daniel Gross, Business News

While the government has pacified the commercial finance, savings, and plain-vanilla banking sectors, it's sending reinforcements into the vast, resti...

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Uncle Sam's Not-So-Graceful Exit from Real Estate

Eric Schurenberg | Posted 11.22.2009 | Business

Read More: Cash for Clunkers, Fannie Mae, First-Time Homebuyers Credit, Ben Bernanke, Freddie Mac, Money Market Funds, Exit Strategy, Business News
Eric Schurenberg

The Fed and the Treasury have to take the training wheels off the wobbly financial system without tipping it back into chaos.

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Financial Crisis Financiers: Where Are They Now? (PHOTOS)

Posted 11.22.2009 | Business

Read More: Joseph Cassano, John Thain, Kerry Killinger, Franklin Raines, Slidepoll, Aig, Christopher Cox, Fannie Mae, Angelo Mozilo, Where Are They Now, Stan O'Neal, Sandy Weil, Merrill Lynch, Financial Crisis, Henry Paulson, Jimmy Cayne, Business News

UPDATE: AIG's Joseph Cassano is BACK in U.S. soil. Check out info on his "surprisingly modest" home here. Absence makes the heart grow fonder. Well...

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Phil Angelides: Financial Crisis Panel To Begin Inquiry

AP | By ANNE FLAHERTY | Posted 11.17.2009 | Business

Read More: Bear Sterns, Freddie Mac, Lehman Brothers, Financial Crisis, Aig, Fannie Mae, Financial Inquiry Commission, Phil Angelides, Economic Meltdown, Citigroup, Business News

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The Most Damning Internal Emails Of The Financial Crisis (PHOTOS)

Posted 11.14.2009 | Business

Read More: Slidepoll, Countrywide Finanical, Bear Sterns, Daniel Mudd, Fannie Mae, Internal Emails, Angelo Mozilo, S&P, Matthew Tannin, Brendan Ciofi, Ubs, Business News

In case you haven't heard, emails live forever. Which may mean that the full story of the financial crisis is lying dormant somewhere on a few forgott...

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Zombie Companies Haunt Stock Market Rally

Garrett Johnson | Posted 11.08.2009 | Business

Read More: Indymac, Casinos, Fannie Mae, Zombie Banks, Freddie Mac, Washington Mutual, Wall Street, Lehman Brothers, Business News
Garrett Johnson

Insiders are selling and only speculators are buying. This doesn't sound like a market that the little guy should get involved with.

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Fannie Mae, Freddie Mac Struggle A Year After Takeover

AP | By ALAN ZIBEL | Posted 11.08.2009 | Business

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

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As U.S. Government Props Up Housing, Taxpayers Are On The Hook For Billions

washingtonpost.com | Zachary A. Goldfarb and Dina ElBoghdady | Posted 10.23.2009 | Business

Read More: Mortgages, Housing Boom, Fha, Freddie Mack, Fannie Mae, Subprime, Home Loans, Business News

In the go-go years of the U.S. housing boom, virtually anybody could get a few hundred thousand dollars to buy a home, and private lenders flooded the...

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Government Faces Tough Decisions About How To Stabilize Mortgage Market

washingtonpost.com | Zachary A. Goldfarb and Dina ElBoghdady | Posted 10.22.2009 | Business

Read More: Finance, Fha, Freddie Mac, Banks, Mortgages, The Fed, Fannie Mae, Federal Housing Authority, Lending, Housing Crisis, Economy, Refinancing, Business News

Only one lender of consequence remains: the federal government, which undertook one of its earliest and most dramatic rescues of the financial crisis ...

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