Fannie Mae

Feds Allege Plot To Destroy Fannie Mae Data Using A Virus

AP | DAVID DISHNEAU | Posted 03.02.2009 | Business


HAGERSTOWN, Md. — A fired Fannie Mae contract worker pleaded not guilty Friday to a federal charge he planted a virus designed to destroy all th...

Solution to Economy Depends on Refinanced Mortgages, HOME Act

Rep. Dennis Cardoza | Posted 03.01.2009 | Politics


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.

Fannie Mae Wants $16 Billion More In Emergency Funds

bloomberg.com | Posted 03.25.2009 | Business


Fannie Mae, the largest source of home-loan money in the U.S., said it will need to tap as much as $16 billion in emergency funds from the U.S. Treasu...

Karl Rove's Latest Fictions

Jacob Heilbrunn | Posted 02.09.2009 | Politics


Jacob Heilbrunn

"President Bush tried to rein in Fan and Fred," Rove declares in today's Wall Street Journal. Though in seeking to debunk myths about Bush, Rove creates his own.

Dear Hank (A Letter to the Departing Treasury Secretary)

Jacki Zehner | Posted 02.02.2009 | Business


Jacki Zehner

It has been over six years since I left Goldman Sachs where I had the honor of working for you. I am sorry that your time serving our great country was not more of a rewarding experience for you.

Part-Time Fannie Mae Board Members Making $160,000 A Year

The American Prospect | Dean Baker | Posted 01.25.2009 | Politics


It's good work if you can get it. The Washington Post reports that Fannie Mae announced its new 10-person board of directors today. The article report...

Greenspan Statement Rocks Markets, Undermines Confidence

Bill Allen | Posted 01.22.2009 | Politics


Bill Allen

Greenspan said he believed that banks and other financial businesses would act in their own self-interest to protect shareholders and their institutions. He is now in a state of "shocked disbelief."

Toyota Republicans Should Cut Their Own Pay

Leo W. Gerard | Posted 01.22.2009 | Business


Leo W. Gerard

Clearly the allegiance of the Republicans who opposed the loan to save GM and Chrysler is not with the US, which would lose 900,000 jobs if just GM closed, and more than 2.1 million if the Big Three did.

Tenants Receive Overdue Foreclosure Love

Mark Winston Griffith | Posted 01.15.2009 | Business


Mark Winston Griffith

Tenants who live in homes facing foreclosure are among the most invisible victims of the foreclosure crisis.

Murdoch and Polonius: A Subscriber's Report

Martin Nolan | Posted 01.15.2009 | Media


Martin Nolan

In 2008, during the biggest financial news story since 1929, the credibility of the Wall Street Journal's ed page coughed, sputtered, and collapsed.

America's Choice: Destruction or Construction

Leo W. Gerard | Posted 01.12.2009 | Business


Leo W. Gerard

America is suffering. She is, however, afflicted with an avoidable condition she brought on herself, like a hangover. Only this one's interminable and internationally contagious.

Wall Street Journal Editorial Board Does It Again

Rep. Barney Frank | Posted 01.11.2009 | Business


Rep. Barney Frank

I am used to having my views severely distorted by the Wall Street Journal Editorial Board, but the opening of this editorial doesn't distort -- it gets the truth absolutely backwards.

Fannie, Freddie Hearings: Looking For A Scapegoat

New York Post | Posted 03.25.2009 | Business


As finger-pointing escalated in Washington in the search for blame for the housing crisis, at least one ousted mortgage official in the cross hairs sa...

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

Washington Post | Zachary A. Goldfarb | Posted 03.25.2009 | Business


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

Fannie Mae, Freddie Mac Hearing: Testimony, Video

Huffington Post | Posted 03.25.2009 | Business


UPDATE 12/09 at 3:21PM: HuffPost's Marcus Baram reports: Former Fannie Mae CEO Franklin Raines blamed regulators and lawmakers for encouraging the m...

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

AP | ALAN ZIBEL | Posted 01.09.2009 | Home


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

Save the Jeep; Save the Nation

Leo W. Gerard | Posted 03.25.2009 | Business


Leo W. Gerard

Congress cannot let the Jeep die in bankruptcy. Congress must not fail the U.S. auto industry. Doing so would be abandoning the core of the American economy -- manufacturing.

Paulson Policy Failures

Alan Schram | Posted 03.26.2009 | Business


Alan Schram

The Treasury's policy did nothing to build confidence or stabilize the markets. The precipitous drop of the equity markets in October and November are the market's judgment on their policies.

Fannie Mae, Freddie Mac Halting Foreclosures During Holidays

AP | ALAN ZIBEL | Posted 12.21.2008 | Business


WASHINGTON — Mortgage finance companies Fannie Mae and Freddie Mac are suspending foreclosures for about 16,000 households during the holiday se...

10 Financial Bromides I Never Want to Hear Again

Jim Randel | Posted 12.18.2008 | Business


Jim Randel

One good thing (perhaps the only good thing) coming out of the current financial meltdown is that I no longer have to listen to the self-serving hy...

It's the Mortgages: How to Restore the Health and Stability of the Economy

Graciela Chichilnisky | Posted 12.18.2008 | Business


Graciela Chichilnisky

The true root cause of the financial crisis starts with the continued defaults on mortgages that magnify and snowball throughout the entire financial system.

Lobbyists Are Good People, Too

Lanny Davis | Posted 12.18.2008 | Business


Lanny Davis

Without lobbyists, government could not function efficiently and perhaps not at all, going all the way back to George Washington.

Fannie and Freddie Offer Thin Lifeline to Homeowners

Mark Winston Griffith | Posted 12.13.2008 | Business


Mark Winston Griffith

Think of it this way. The American homeowner is underwater and drowning, and Fannie and Freddie have just thrown in a spool of thread to pull them out.

Critics say new federal mortgage plan not enough

AP | ALAN ZIBEL | Posted 03.26.2009 | Business


WASHINGTON — Once again, the government has offered another plan to help troubled homeowners. Once again, critics say it doesn't go far enough. ...

Streamlined Modification Program: The New Homeowner Bailout From Fannie Mae And Freddie Mac

AP | ALAN ZIBEL | Posted 03.26.2009 | Business


WASHINGTON — Once again, the government has offered another plan to help troubled homeowners. Once again, critics say it doesn't go far enough. ...