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WASHINGTON — Freddie Mac, facing mounting damage from the U.S. housing crisis, said Wednesday it will ask the government for nearly $31 billion ...
AP | ALAN ZIBEL | Posted 04.02.2009 | Business
WASHINGTON — The top executive of Freddie Mac is quitting after less than six months on the job as the company continues to hemorrhage from mort...
AP | Posted 03.25.2009 | Business
McLEAN, Va. — Mortgage finance company Freddie Mac said Friday it will need an additional $30 billion to $35 billion in government aid as it cop...
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...
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...
AP | ALAN ZIBEL | Posted 12.15.2008 | Business
WASHINGTON — Freddie Mac is asking for an initial injection of $13.8 billion in government aid after posting a massive quarterly loss Friday. T...
Washington Post | Posted 11.28.2008 | Business
Almost two months ago, the government sought to revive the nation's ailing mortgage sector by seizing Fannie Mae and Freddie Mac and pumping money int...
Scott Bittle and Jean Johnson | Posted 10.10.2008 | Business
Rather than facing a $200 billion deficit to do something really important, the U.S. is now heading toward a whopping $10 trillion dollar debt.
Diane Francis | Posted 10.09.2008 | Business
Mrs. Palin may be relatively bright but she hasn't even a passing knowledge about the underpinnings of the financial or global capitalist system.
Hale "Bonddad" Stewart | Posted 10.09.2008 | Business
Nervous people all over the globe are what is driving this -- at least partially. And that should scare everyone. We are no longer in complete control of our sovereignty.
Hale "Bonddad" Stewart | Posted 10.07.2008 | Business
This post offers: 1) A brief explanation of what Fannie Mae and Freddie Mac do and why they are so important; 2) Why they are in trouble; 3) And overview of the government's plan.
New York Times | Stephen Labaton | Posted 07.30.2008 | Business
Bank examiners from the Federal Reserve and the Comptroller of the Currency are inspecting the books of the nation's two largest mortgage finance comp...
Amitai Etzioni | Posted 07.26.2008 | Politics
As long as politicians can take money from the industries that are supposed to be regulated, taxpayers will keep paying for the profiteering of these industries.
Byron Williams | Posted 07.26.2008 | Business
Like Fannie and Freddie, the American economy is also a hybrid of private and public participation. We are hardly a socialist society, but we are not paragons of capitalisms.
Yvette Kantrow | Posted 07.26.2008 | Media
Who knew that when Bryan Burrough fingered CNBC for helping kill off Bear Stearns Cos., he was starting a minitrend?
Wall Street Journal | James R. Hagerty, Monica Langley and Susan Pulliam | Posted 07.26.2008 | Business
Mortgage giant Freddie Mac -- emboldened by emergency regulatory actions that have triggered a two-day rebound in its battered stock -- is considering...
AP | MARTIN CRUTSINGER and ALAN ZIBEL | Posted 07.22.2008 | Business
WASHINGTON — Now that the federal government has thrown a lifeline to mortgage giants Fannie Mae and Freddie Mac, taxpayers could be on the hook...
New York Times | Stephen Labaton | Posted 07.21.2008 | Business
Alarmed by the sharply eroding confidence in the nation's two largest mortgage finance companies, the Bush administration on Sunday asked Congress to ...
New York Times | GRETCHEN MORGENSON | Posted 07.21.2008 | Business
IT'S dispiriting indeed to watch the United States financial system, supposedly the envy of the world, being taken to its knees. But that's the show w...
New York Times | Michael M. Grynbaum | Posted 07.18.2008 | Business
Fannie Mae and Freddie Mac, the mortgage lenders at the heart of the nation's housing finances, fell to their lowest share prices in 17 years on Thurs...
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AP | ALAN ZIBEL | Posted 04.11.2009 | Business