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16 Sep 2010, 3:03 pm
The bailout of the mortgage finance giants Fannie Mae and Freddie Mac could cost the government $53 billion through 2020 or save the government as much as $44 billion, depending on the accounting principles used, the nonpartisan Congressional Budget Office said. [read post]
10 Jul 2008, 12:16 pm
With shares of Fannie Mae and Freddie Mac continuing to decline, the Bush administration has held talks about a contingency plan should the mortgage giants falter, The Wall Street Journal reported citing three people familiar with the matter. [read post]
21 Oct 2010, 3:39 am
Fannie Mae and Freddie Mac's overseer, the Federal Housing Finance Agency, has hired a law firm specializing in business litigation, signaling the agency may be considering further legal steps to recoup billions of dollars related to mortgage-backed securities purchased from Wall Street firms. [read post]
15 Nov 2006, 5:11 am
Raines, the former chief executive of Fannie Mae who was ousted two years ago in an accounting scandal, will receive $2.6 million under a deal disclosed Tuesday that largely resolves a pay dispute. [read post]
31 Oct 2011, 6:21 am
In the buyback agreement, Bank of America paid $1.35 million to Freddie Mac and $1.52 billion to Fannie Mae. [read post]
1 Nov 2012, 5:56 pm
The Federal Housing Finance Agency (FHFA) recently announced that Fannie May and Freddie Mac are issuing new, clear guidelines to their mortgage servicers that will align and consolidate existing short sales programs into one standard short sale program. [read post]
31 Dec 1969, 4:00 pm
In the news today: Fannie Mae was named the largest issuer of green bonds in the world for 2017 by the Climate Bonds Initiative. [read post]
22 Dec 2011, 10:45 am
"SEC Charges Former Fannie Mae and Freddie Mac Executives with Securities Fraud [read post]
15 Nov 2018, 12:49 pm
They invested in Fannie and Freddie, expecting regular dividend payments in return. [read post]
18 May 2012, 1:21 pm
On May 15, Fannie Mae issued Selling Guide Announcement SEL-2012-04, which includes numerous changes to various Selling Guide topics. [read post]
4 Feb 2010, 7:49 am
Tenants in these properties report being harassed and misinformed by Fannie Mae-contracted real estate agents in violation of their rights both under tenant protection laws and Fannie Mae’s own, recently adopted policies. [read post]
15 Mar 2011, 6:39 am
Mudd was fired from Fannie Mae in 2008. [read post]
1 Jun 2007, 4:00 am
[JURIST] The US District Court for the District of Colombia Thursday dismissed [opinion, PDF] a derivative lawsuit filed by shareholders of home financial services corporation Fannie Mae [corporate website] to force former CEO Franklin D. [read post]
15 Jul 2008, 4:43 pm
The bleeding at Fannie Mae and Freddie Mac continued on Tuesday, with the stocks of both mortgage giants down by as much as 30 percent. [read post]
7 Sep 2012, 6:28 pm
On September 5, Fannie Mae issued Servicing Guide Announcement SVC-2012-20, which updates special investor reporting requirements to provide new guidance regarding reporting a foreclosure for a modified mortgage loan with principal forbearance. [read post]
20 Aug 2008, 5:40 pm
As shares of Freddie Mac and Fannie Mae take a pounding, some Wall Street players are feeling the pain a lot more than others. [read post]
8 Aug 2008, 1:39 pm
[JURIST] The US Court of Appeals for the DC Circuit [official website] on Friday dismissed [decision, PDF] a shareholder suit against government-sponsored lender Fannie Mae [corporate website] for alleged wrongdoing by the board of directors. [read post]
21 Jul 2008, 3:32 pm
FANNIE AND FREDDIE'S ENABLERS: In the strange accountability of Washington, the same folks who put taxpayers on the hook for Fannie Mae and Freddie Mac are now demanding ransom to let taxpayers bail them out. [read post]
27 Jun 2013, 6:28 am
It now looks like there is some movement in the United States Congress to deal with Fannie and Freddie. [read post]
25 Mar 2012, 11:13 am
On March 21, Fannie Mae issued a notice reminding servicers that in processing a borrower request for a foreclosure prevention alternative evaluation, servicers may only request limited documentation from a borrower. [read post]
