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5 Sep 2006, 6:50 pm
OFHEO, as it is known, is in charge of overseeing Fannie Mae and Freddie Mac. [read post]
31 Aug 2006, 1:45 pm
Over at Financial Services, the ascension of Barney Frank (1980) would mean a reprieve for Fannie Mae and Freddie Mac, despite $16 billion in accounting scandals. [read post]
28 Aug 2006, 12:32 am
In a recent article in The American Banker (paid subscription required), the paper notes that both Fannie Mae and Freddie Mac "have a reputation for being more aggressive than private conduits when it comes to buybacks. [read post]
23 Aug 2006, 7:02 am
The mortgage giant Freddie Mac has now agreed to a settlement of claims against it stemming from the effect of questionable accounting on the stock holdings of employees enrolled in its 401(k) plan. [read post]
3 Jan 2006, 8:35 am
We've heard from at least one large mortgage wholesaler that such a notation likely will prevent you from qualifying for a "conforming" mortgage - one that may be sold to the secondary-market giants Fannie Mae and Freddie Mac. [read post]
1 Dec 2005, 12:47 pm
The federal government and its sponsored mortgage investment companies, Fannie Mae and Freddie Mac, which guarantee or own most U.S. mortgages, have taken measures to give borrowers more time. [read post]
12 Sep 2005, 12:05 pm
The OFHEO, which maintains government oversight of Freddie Mac and Freddie Mae, announced [read post]
21 Nov 2003, 1:14 pm
Freddie Mac has for the first time acknowledged that it had inflated its earnings for 2001 by $1 billion and understating earnings by $5 million in 2000 and 2002. [read post]
23 Oct 2003, 12:14 pm
The Washington Post reports that former Freddie Mac President David Glenn has agreed to pay a $125,000 civil penalty and cooperate with a federal investigation into the company's questionable accounting practices.... [read post]