Freddie Mac

Government Plans Takeover Of Fannie Mae, Freddie Mac

AP | ALAN ZIBEL | Posted 09.05.2008 | Business


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...

Take Back Your Money

Jon Raymond | Posted 09.01.2008 | Business


Jon Raymond

Want to know how to take back this country, or start a revolution? The answer is as obvious as the nose on your face. Banks. Take your money out of t...

Fannie Mae, Freddie Mac Shares Rise

AP | MARCY GORDON and ALAN ZIBEL | Posted 08.25.2008 | Business


WASHINGTON — Shares of Fannie Mae and Freddie Mac soared Monday in a respite from their battering in recent days, while some regional banks saw ...

More Important Than Running Mates

Max Fraad Wolff | Posted 08.25.2008 | Business


Max Fraad Wolff

What we are witnessing is the breakdown of the link between middle class America and the global financial markets it has over tapped across the last several decades.

Conflicted Out - Fannie and Freddie Should Serve Just One Master

Sheila Tendy | Posted 08.16.2008 | Business


Sheila Tendy

Why are Fannie Mae and Freddie Mac, both government-sponsored and backed by taxpayer dollars, still publicly traded?

Taking Bets On Freddie Mac, Largest Stakeholder Buys More

Fortune.com | Colin Barr | Posted 08.12.2008 | Business


Bill Miller is wagering Freddie Mac (FRE) will muddle through the mortgage crisis. Miller's Legg Mason Capital Management this summer boosted its stak...

Short Selling Rules Expire Today

Reuters | Posted 08.12.2008 | Business


Last month, the SEC imposed a temporary rule that requires investors to borrow stock before executing a short sale in 19 major Wall Street firms such ...

The Price of Risk

Jared Bernstein | Posted 08.10.2008 | Business


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."

Mortgage Rates On The Rise

New York Times | TARA SIEGEL BERNARD | Posted 08.09.2008 | Business


Gaping losses at Fannie Mae and Freddie Mac are causing the two mortgage giants to slow their purchases of home loans at a time when the government is...

Freddie Mac Loses $821 Million As Fewer Homeowners Can Pay Loans

AP | J.W. ELPHINSTONE | Posted 08.06.2008 | Business


NEW YORK — Freddie Mac on Wednesday posted a second-quarter loss that was more than three-times larger than Wall Street expected as a huge numbe...

Freddie Mac Chief Ignored Warnings

New York Times | Charles Duhigg | Posted 08.05.2008 | Business


The chief executive of the mortgage giant Freddie Mac rejected internal warnings that could have protected the company from some of the financial cris...

Naked Short-Selling Ban Extended Through August 12 -- But That's It

AP | RICHARD JACOBSEN | Posted 07.30.2008 | Business


Federal regulators on Tuesday extended through mid-August a temporary order banning a certain kind of short-selling of the stocks of mortgage finance ...

Why Some People Hate The Housing Rescue

Dealbreaker | John Carney | Posted 07.28.2008 | Business


Over the weekend the Senate overwhelmingly passed a the mortgage bailout bill that includes a government rescue plan for mortgage finance giants Fanni...

Short-Selling Protection Expanded Could Hurt Computerized Trading: Report

Wall Street Journal | Jenny Strasburg, Kara Scannell and Randall Smith | Posted 07.28.2008 | Business


The rules appear to have had their intended effect of halting the slide in shares of financial companies such as Fannie Mae, Freddie Mac and Lehman Br...

The Right Questions

Jared Bernstein | Posted 07.27.2008 | Politics


Jared Bernstein

President Bush, a fierce adherent of YOYO (you're on your own) for the masses and socialism for the rich, is about to sign the new housing bill with all its market corrections.

Bailouts and Bazookas

Michael Pento | Posted 07.25.2008 | Business


Michael Pento

Even those who espouse free market capitalism will try to abrogate the system for personal gain. And now Republicans want to extend the powers of the Fed and Treasury to bail out failing companies.

The Bail Out Boondoggle

Charles Hillestad | Posted 07.25.2008 | Home


Charles Hillestad

Does anyone still believe the GOP stands for financial security or conservatism? Isn't that just code for lining fat-cat pockets with our money? At what point does greed become a threat to national security?

Reagan Revolution Out Of Style, Regulation In Even With Republicans

Wall Street Journal | Bob Davis, Damian Paletta and Rebecca Smith | Posted 07.25.2008 | Business


WASHINGTON -- The housing and financial crisis convulsing the U.S. is powering a new wave of government regulation of business and the economy. Feder...

Remember Your Chains That Bind You, to Us - Ye Captains of Industry and Govern

Alice Singleton | Posted 07.24.2008 | Business


Alice Singleton

Attached with the bailout of the FMs and the remaining institutions surely to follow will be a veiled warning to the American taxpayer: "we had to bail them out. If they go down the tubes, so does America!"

Homeowners Get Help in DC, But Not From Government

Matthew Palevsky | Posted 07.24.2008 | Politics


Matthew Palevsky

2008-07-24-forclosure.jpg This week thousands of homeowners lined sixtieth street, 3 blocks from the White House, waiting for help to lower their mortgage rates.

Congress Approves Housing Rescue Bill

AP | JULIE HIRSCHFELD DAVIS | Posted 07.23.2008 | Business


WASHINGTON — Rescue legislation sailed through the House on Wednesday aimed at helping 400,000 strapped homeowners avoid foreclosure and prevent...

What Was Wall Street Drinking?

Michael Drucker | Posted 07.23.2008 | Business


Michael Drucker

A Real Solid Suggestion -- If I Do Say So Myself

Jim Randel | Posted 07.23.2008 | Business


Jim Randel

Only when we increase the street smarts and financial literacy of our next generations will we prepare ourselves for future messes.

House OKs rescue for homeowners, Freddie, Fannie

AP | JULIE HIRSCHFELD DAVIS | Posted 07.23.2008 | Business


WASHINGTON — Rescue legislation sailed through the House on Wednesday aimed at helping 400,000 strapped homeowners avoid foreclosure and prevent...

Fannie, Freddie Bailout Could Cost Taxpayers $25 Billion

New York Times | David M. Herszenhorn | Posted 07.22.2008 | Business


WASHINGTON -- The proposed government rescue of the nation's two mortgage finance giants will appear on the federal budget as a $25 billion cost to ta...


 

 Site  Web ask.com