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22 Dec 2022, 10:48 am by Richard J. Andreano, Jr.
Following the adoption by the Federal Reserve Board of a final rule under the Adjustable Interest Rate (LIBOR) Act, Fannie Mae and Freddie Mac have announced replacement indices for their legacy London Interbank Offered Rate (LIBOR)-based loans and securities. [read post]
1 Jul 2015, 1:04 pm by Associated Press
NEW YORK — The CEOs of government-backed mortgage giants Fannie Mae and Freddie Mac are getting large raises, to about $4 million a year, as the government relaxes rules that were imposed on the companies after they suffered big losses and were bailed out. [read post]
7 Dec 2006, 5:12 am
Fannie Mae, the largest buyer of American mortgages, said Wednesday that it would reduce its earnings by $6.3 billion to correct several years of accounting problems in one of the nation's biggest financial scandals. [read post]
2 Mar 2011, 2:00 pm by Zoe Tillman
Attorneys on both sides of a securities fraud class action against Fannie Mae sparred today over former U.S. [read post]
29 Jun 2017, 8:04 am by Steven D. Schwinn
Circuit ruled yesterday that Fannie Mae, a government-sponsored but privately-owned corporation, but now under conservatorship of an independent government agency, cannot be sued for a First Amendment violation. [read post]
16 Dec 2011, 8:24 am by Securites Lawprof
The SEC charged six former top executives of the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) with securities fraud, alleging they knew and approved of misleading statements claiming the companies had minimal... [read post]
27 Dec 2010, 11:12 am by Jeff Jeffrey
McKenna Long & Aldridge is representing the Federal National Mortgage Association, known as Fannie Mae, in a lawsuit against MWM Carver Terrace, alleging that the company, which owns an apartment community in Northeast Washington, is behind on more than $180,000... [read post]
3 Sep 2011, 11:29 am by Securites Lawprof
The Federal Housing Finance Agency (FHFA), as conservator for Fannie Mae and Freddie Mac (the Enterprises), filed lawsuits against 17 financial institutions, certain of their officers and various Unaffiliated lead underwriters. [read post]
30 Mar 2012, 2:58 pm by BuckleySandler
On March 28, the Inspector General (IG) for the Federal Housing Finance Agency (FHFA) published a white paper that provides a general assessment of the FHFA’s conservatorship of Fannie Mae and Freddie Mac (the enterprises). [read post]
24 Dec 2009, 7:27 pm by Orin Kerr
But even as the administration was making this open-ended financial commitment, Fannie Mae and Freddie Mac disclosed that they had received approval from their federal regulator to pay $42 million in Wall Street-style compensation packages to 12 top executives for 2009. [read post]
29 Apr 2011, 1:23 pm by Zoe Tillman
Fannie Mae and its auditor, KPMG, were sued after the federal agency regulating Fannie Mae found that the mortgage giant had overstated profits and failed to comply with other generally accepted accounting principles. [read post]
7 Oct 2021, 11:09 am by David Reiss
The United States Court of Appeals for the Eighth Circuit issued a mixed decision for Fannie & Freddie shareholders in  Bhatti v. [read post]
9 May 2011, 9:45 am by Steve Bainbridge
Regulatory theory thereby clarifies how Fannie and Freddie have relied upon their hybrid public/private structure to obtain and protect economic rents at the expense of taxpayers as well as Fannie and Freddie's competitors.Once analyzed in the context of regulatory theory, Fannie and Freddie's future seems clear. [read post]
14 Jul 2008, 5:08 pm
FANNIE MAE, FREDDIE MAC, and Crony Capitalism. [read post]
8 Sep 2008, 4:21 pm
Less than two months after receiving congressional authority for increased control over Fannie Mae and Freddie Mac, the Treasury Department today released details about its plan to place Fannie and Freddie under federal government conservatorship. [read post]
23 Jan 2024, 10:10 am by Adrian Chiang
New Lender Requirements by Fannie Mae and Freddie Mac Require Current Reserve Studies To Provide For Sufficient Funding. [read post]