Freddie Mac

Fannie And Freddie Kicking People Out Of Homes Again

Washington Independent | Posted 05.03.2009 | Politics


A ban on foreclosure sales and evictions from houses owned by mortgage giants Fannie Mae and Freddie Mac, which began as a high-profile effort just be...

Most Amazing Jim Cramer Clip Yet: He Calls Andrew Cuomo a 'Genuine Communist'

Greg Mitchell | Posted 04.27.2009 | Media


Greg Mitchell

2009-03-27-mitchell.jpgSomehow Jon Stewart missed perhaps the most damning Jim Cramer clip of all from the CNBC archives.

Freddie Mac Hires Ocwen in Spite of Past Problems

ProPublica | Posted 04.25.2009 | Business


ProPublica

Freddie Mac introduced a loan modification pilot program, but it outsourced the job to a subprime loan servicer with a history of customer dissatisfaction and run-ins with the federal government.

AIG, Populist Rage, and the Future of Banks

Howard Schweber | Posted 04.18.2009 | Business


Howard Schweber

Lately the torches-and-pitchforks voices have begun to drown out serious discussion. Time to take a deep breath or two: populist rage is a rotten basis for policy-making.

Freddie Mac Seeks $30.8B More In Aid After Loss

AP | ALAN ZIBEL | Posted 04.11.2009 | Business


WASHINGTON — Freddie Mac, facing mounting damage from the U.S. housing crisis, said Wednesday it will ask the government for nearly $31 billion ...

Fannie and Freddie Will Likely Never Return To Private Hands

New York Times | CHARLES DUHIGG | Posted 04.02.2009 | Business


Despite assurances that the takeover of Fannie Mae and Freddie Mac would be temporary, the giant mortgage companies will most likely never fully retur...

Freddie Mac CEO David Moffett To Resign

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...

President Obama: Sign New Emancipation Proclamation to Free Us From Debt Slavery and Free-up the Economy

Ronald B. Robinson | Posted 03.16.2009 | Politics


Ronald B. Robinson

Mr. President, help us create "a more perfect Union" from the "bottom-up." You can be the Lincoln of our times and free us from the greed and "top-down" bondage that has brought us here.

Republicans' 4% Mortgage "Stimulus" Is Latest Ponzi Scheme

Ronald B. Robinson | Posted 03.08.2009 | Politics


Ronald B. Robinson

Does the Republican ploy to provide 4% home mortgages to boost the economy sound too good to be true? It is. Buyer Beware!

Freddie Mac To Rent Foreclosed Properties

AP | ALAN ZIBEL | Posted 03.02.2009 | Business


WASHINGTON — Mortgage finance company Freddie Mac said it will allow some borrowers to rent out their homes after losing them to foreclosure. T...

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.

Freddie Mac To Ask For Billions More In Bailout Funds

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...

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.

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.

Bush: On the Line

Jayne Lyn Stahl | Posted 01.14.2009 | Politics


Jayne Lyn Stahl

President Bush and his henchmen are working overtime to ensure that the full extent of damage inflicted upon detainees never sees the light of day.

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...

William H. Miller: Famed Stock Picker Did Great Until Picking AIG, Wachovia, Bear Stearns, Freddie Mac

Wall Street Journal | TOM LAURICELLA | Posted 01.10.2009 | Business


William H. Miller spent nearly two decades building his reputation as the era's greatest mutual-fund manager. Then, over the past year, he destroyed i...

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...