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...
Rep. Darrell Issa | Posted 11.13.2009 | Politics
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.
HuffingtonPost.com | Jeff Muskus | Posted 11.11.2009 | 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...
HuffingtonPost.com | Ryan Grim | Posted 11.13.2009 | Politics
There is no independent auditor overseeing the federal agency responsible for some $6 trillion in home mortgages, because the Department of Justice's ...
AP | ALAN ZIBEL | Posted 11.06.2009 | Business
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nytimes.com | DAVID STREITFELD and JOHN COLLINS RUDOLF | Posted 11.03.2009 | Business
Frustrated by the banks' inability or unwillingness to stop an avalanche of foreclosures, the states are considering lawsuits over the creation and ma...
Reuters | Rolfe Winkler | Posted 10.15.2009 | Business
Thirty-three TARP recipients missed a scheduled dividend payment to taxpayers last month, according to the Treasury Department, including 18 banks tha...
nytimes.com | LOUISE STORY | Posted 10.08.2009 | Business
WASHINGTON -- First it was Fannie Mae and Freddie Mac. Now concern is growing that another government mortgage giant might teeter, just as the nation'...
wsj.com | Posted 09.29.2009 | Business
The Treasury has announced new "capital cushion" requirements for financial institutions to reduce excessive risk and prevent taxpayer bailouts. Seems...
Washington Post | Renae Merle and David Cho | Posted 09.29.2009 | Business
The Obama administration is close to rolling out two initiatives aimed at addressing lingering problems from the financial crisis: A long-delayed effo...
BloggingStocks | Michael Shulman | Posted 09.28.2009 | Business
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...
newsweek.com | Daniel Gross | Posted 09.24.2009 | Business
While the government has pacified the commercial finance, savings, and plain-vanilla banking sectors, it's sending reinforcements into the vast, resti...
Eric Schurenberg | Posted 09.22.2009 | Business
The Fed and the Treasury have to take the training wheels off the wobbly financial system without tipping it back into chaos.
AP | By ANNE FLAHERTY | Posted 11.17.2009 | Business
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Garrett Johnson | Posted 11.08.2009 | Business
Insiders are selling and only speculators are buying. This doesn't sound like a market that the little guy should get involved with.
AP | By ALAN ZIBEL | Posted 11.08.2009 | Business
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washingtonpost.com | Zachary A. Goldfarb and Dina ElBoghdady | Posted 10.22.2009 | Business
Only one lender of consequence remains: the federal government, which undertook one of its earliest and most dramatic rescues of the financial crisis ...
New York Times | GRETCHEN MORGENSON | Posted 10.22.2009 | Politics
As a result of the Fannie takeover, taxpayers are paying millions of dollars in legal defense bills for three top former executives, including Frankli...
bloomberg.com | Dawn Kopecki | Posted 10.16.2009 | Business
Aug. 31 (Bloomberg) -- Fannie Mae and Freddie Mac fell in New York trading after FBR Capital Market's Paul Miller said the mortgage-finance companies ...
The Washington Post | Zachary A. Goldfarb | Posted 09.25.2009 | Business
On Monday, Fannie Mae jumped 41.7 percent, to $1.70 per share, with nearly 824 million shares bought or sold during regular trading hours. Freddie Mac...
washingtonpost.com | Zachary A. Goldfarb and David Cho | Posted 09.05.2009 | Business
The Obama administration launched a broad government effort this week to overhaul mortgage giants Fannie Mae and Freddie Mac and is considering splitt...
Washington Post | Zachary A. Goldfarb | Posted 08.31.2009 | Business
The regulator of Fannie Mae and Freddie Mac said it was unlikely that the federal government would ever be paid back the entire $85 billion spent so f...
Jul. 22, 2009 | Chris Isidore, CNNMoney.Com Senior Writer | Posted 08.23.2009 | Business
NEW YORK (CNNMoney.com) -- The first big government bailout of the financial crisis -- the takeover of mortgage finance giants Fannie Mae and Freddie ...
Huffington Post Investigative Fund | Ben Protess | Posted 11.04.2009 | Politics
Facing an array of more immediate financial problems, Treasury Secretary Timothy Geithner has pushed Fannie Mae and Freddie Mac towards the bottom of ...
Erica Payne | Posted 07.24.2009 | Media
The New York Times did the country (and itself) a disservice Sunday when it printed all 5,000 words of Devin Leonard's piece on William Gross.
HuffingtonPost.com | Ryan Grim | Posted 11.16.2009 | Politics