EDITION: U.S.
 
CONNECT    

Freddie Mac

Bonnie Kavoussi

Ex-Fannie Mae Employee: Executives 'Philosophically Opposed' To Loan Forgiveness

HuffingtonPost.com | Bonnie Kavoussi | Posted 02.09.2012 | Business

Fannie Mae executives are refusing to forgive part of homeowners' mortgage debt because they are "philosophically opposed" to the idea, according to a...

Time for New Leadership at Fannie and Freddie: Obama Should Side With Homeowners Over Wall Street

Gordon Whitman | Posted 02.07.2012 | Business

Gordon Whitman

Large-scale principal reduction is a win-win for homeowners and the economy. It would stabilize housing values and prevent foreclosures, while putting cash in the wallets of struggling families.

Fictional Davos Discussion Between Tim Geithner and China's He Yafei

Howard Steven Friedman | Posted 02.02.2012 | World

Howard Steven Friedman

The following conversation did not take place... but wouldn't it have been interesting if it did? Geithner: Glad I found you. We really need to talk...

Attorneys General: It's Time to Close the Deal

Janis Bowdler | Posted 02.02.2012 | Latino Voices

Janis Bowdler

It is time to deliver the first installment of relief for homeowners that have not a moment to lose.

Commercial Mortgage Bankers Are Doing Deals As the Real Estate Market Breathes New Signs of Life

Jerry Chautin | Posted 02.01.2012 | Business

Jerry Chautin

Rental apartments are back in demand, financing for hotels and motels is loosening up a bit and investors are stepping off the sidelines with wads of cash to do deals.

Investors Can Pre-Qualify To Bid On Fannie, Freddie's Foreclosed Homes

Reuters | Posted 02.02.2012 | Business

WASHINGTON, Feb 1 (Reuters) - The regulator for housing finance firms Fannie Mae and Freddie Mac said on Wednesday investors could now sign up to ...

Marine Fights Freddie Mac to Save His Home

Peter Dreier | Posted 01.31.2012 | Politics

Peter Dreier

"I didn't do anything wrong. I'm doing this for my family and for the millions of other families in similar situations. We can't let the Wall Street banks and Freddie Mac get away with these kinds of practices."

Marcus Baram

SEC Probes Deutsche Bank's 'Crap' CDOs

HuffingtonPost.com | Marcus Baram | Posted 01.30.2012 | Business

The Securities and Exchange Commission investigates a Wall Street behemoth over claims that it assembled and sold a package of subprime mortgage-backe...

Mortgage Giant Stands To Make Huge Profit Off Americans' Financial Troubles

ProPublica | Posted 01.30.2012 | Business

Freddie Mac, the taxpayer-owned mortgage giant, has placed multibillion-dollar bets that pay off if homeowners stay trapped in expensive mortgages wit...

Freddie Mac Reportedly Invested Billions Betting Against Struggling Homeowners

NPR | Posted 01.30.2012 | Business

Freddie Mac, a taxpayer-owned mortgage company, is supposed to make homeownership easier. One thing that makes owning a home more affordable is gettin...

Elise Foley

Mitt Romney Goes After Gingrich's Ties To Freddie Mac

HuffingtonPost.com | Elise Foley | Posted 01.29.2012 | Politics

NAPLES, Fla. -- Mitt Romney mocked Newt Gingrich for his appearances on the Sunday news shows earlier in the day, saying the former House speaker is u...

Republican Truth and Real Truth: GSEs and the Housing Bubble

David Coates | Posted 01.29.2012 | Politics

David Coates

The main rewrite now underway in their twice-weekly televised clashes is a rewrite on housing finance.

Lost In The Funhouse: The Twisted World Of Mortgage Lender Error

Ben Hallman | Posted 01.27.2012 | Business

Ben Hallman reported and wrote this story as a staff writer at the Center for Public Integrity. He recently joined The Huffington Post. Like milli...

Jon Ward

Mitt Romney: I Don't Know If My Own Ad Is True Or Not

HuffingtonPost.com | Jon Ward | Posted 01.26.2012 | Politics

Mitt Romney told CNN's Wolf Blitzer he had not seen an ad -- it is a radio ad -- charging that Newt Gingrich called Spanish "the language of ghetto" d...

State of the Union: Small Missing Pieces in the Messy Housing Puzzle

Jed Kolko | Posted 01.25.2012 | Politics

Jed Kolko

You might have missed it among the long, long to-do list Obama gave last night, but the president announced two new housing proposals: more refinancing, and more investigations of banks. Neither is a breakthrough.

Gingrich Releases Lucrative Contract

AP | By BRIAN BAKST and BRETT J. BLACKLEDGE | Posted 01.25.2012 | Politics

NAPLES, Fla. -- GOP presidential candidate Newt Gingrich began receiving payments from Freddie Mac in 1999 under a contract that paid his consulting b...

Ryan Grim

Lobbyist Sheds New Light On Gingrich Career

HuffingtonPost.com | Ryan Grim | Posted 01.24.2012 | Politics

WASHINGTON -- The consultant Newt Gingrich hired to advise his health policy company on how to avoid registering its employees and executives as lobby...

Gingrich's Freddie Mac Contracts Released

AP | BRIAN BAKST | Posted 01.24.2012 | Politics

TAMPA, Fla. — Under pressure, Newt Gingrich arranged the release of a contract Monday night showing the Federal Home Loan Mortgage Corp. paid hi...

Fannie, Freddie Writedowns Could Cost Taxpayers Surprisingly High Number

Reuters | Posted 01.24.2012 | Business

(Corrects by substituting 7th paragraph quote. The original was a summary of the question posed to the FHFA and was used in error.) WA...

Newt Finds Himself On The Defense

AP | BRIAN BAKST | Posted 01.24.2012 | Politics

TAMPA, Fla. — Fresh off his big South Carolina win, Republican Newt Gingrich found himself on the defensive Monday as the volatile GOP president...

Housing Bust Continues To Haunt Big Banks

AP | By PALLAVI GOGOI | Posted 01.14.2012 | Business

NEW YORK -- The economy may be healing, but banks are suffering from a housing hangover. JPMorgan Chase spent $3.2 billion last year to fight lawsuit...

Freddie Mac Offers Extension to Unemployed Homeowners

Anna Cuevas | Posted 01.11.2012 | Business

Anna Cuevas

One of the government's largest lenders, Freddie Mac, has announced that they're allowing their unemployed borrowers to extend the amount of time that their payments can be suspended or reduced.

Loren Berlin

Help Wanted: Who Will Lead Housing Out Of Chaos?

HuffingtonPost.com | Loren Berlin | Posted 01.11.2012 | Business

The resignation of Fannie Mae CEO Michael Williams on Tuesday brings to the surface a fundamental problem: The federal government's housing policy is ...

Newt's Former Firm Makes Decision On Freddie Mac Contract Release

Bloomberg | Clea Benson | Posted 01.10.2012 | Politics

A lawyer for a consulting firm founded by former U.S. House Speaker Newt Gingrich said he was barring the release of a contract between the Republican...

Loren Berlin

Mortgage Giant Changes Policy To Assist Unemployed Homeowners

HuffingtonPost.com | Loren Berlin | Posted 01.06.2012 | Business

In an effort to assist unemployed homeowners, Freddie Mac has doubled the length of time that an unemployed borrower's mortgage payments can be reduce...