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Freddie Mac

Freddie Mac

News and info on Freddie Mac, the US home mortgage lender.

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Federal regulators directed Fannie Mae and Freddie Mac to start purchasing $40 billion a month of underperforming mortgage bonds as the Bush administration expands its options to buy troubled financial assets ...  
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Maxine Waters, a key Democrat congresswoman that has been implicated in blocking government oversight that could have prevented the current financial crisis, was caught lying Friday evening about her connection to failed lenders Fannie Mae and Freddie Mac.During the panel discussion of HBO's...  
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Once, Fannie Mae and Freddie Mac seemed a relatively quiet backwater of politics and finance. Now the world echoes with the collapse of banks that stumbled into the American subprime lending mess, and any political connection to Freddie and Fannie can be almost as toxic as their loan pools...  
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Staff writer Zachary A. Goldfarb reports on the interesting contortions federal regulators went through to describe the capital condition of mortgage finance giants Fannie Mae and Freddie Mac just before they were taken over by the government. Here's his full story; you decide if there aren't...  
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Freddie Mac is ordering servicers to suspend all foreclosure sales on properties with Freddie Mac-owned mortgages in the federally declared disaster areas caused by Hurricane Ike in Texas and Louisiana.  
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It's not often that Federal Reserve Chairman Ben Bernanke plays second fiddle when he makes his twice-yearly trip to Capitol Hill to outline his current outlook on monetary policy and the economy.  
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In what is a clear sign that Congressional Democrats know they will be in serious trouble if American voters would find out just how big a role they played in the financial crisis, and especially in the downfall of Fannie Mae and Freddie Mac, the Congressional Oversight Committee refused to...  
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Oct. 11 (Bloomberg) -- Federal regulators directed Fannie Mae and Freddie Mac to start purchasing $40 billion a month of underperforming mortgage bonds as the Bush administration expands its options to buy troubled financial assets and resuscitate ...  
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There should be ten regional Fannies and ten regional Freddies all competing with each other.  
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From the mailbag: Hi Peter, Another reason why Siglitz might not be the best Nobel Prize to rely on, for now, is that when he worked for Fannie Mae he flunked big time ... The reader includes a link to this 2002 study, "Implications of the New Fannie Mae and Freddie Mac Risk-Based Capital...  
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Fannie, Freddie and Obama Actions speak louder than words. In 2006, John McCain said, “If Congress does not act, American taxpayers will continue to be exposed to the enormous risk that Fannie Mae and Freddie Mac pose to the housing...  
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... sales on properties with Freddie Mac-owned mortgages in the federally declared disaster areas caused by Hurricane Ike in Texas and Louisiana. ...  
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NEW YORK (AP) - Federal banking regulators on Tuesday said they were seeking public comment about reducing the risk weight on debt issued by mortgage giants Fannie Mae and Freddie Mac.  
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In the second presidential debate last night, John McCain finally attacked the Democrats and Obama for opposing tighter regulation of Fannie Mae and Freddie Mac--I have been puzzled why he has not been doing this for the past three weeksnd presented something like the mortgage proposals advanced...  
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Today on Bill Bennett's Morning In America, Dr Stanley Kurtz directly tied Obama, Ayers and Acorn to the Fannie Mae and Freddie Mac collapse. It all stems from Nobamas time as a community organizer. You gotta hear it.This has to get out. There is a link at Bill Bennetts site: http...  
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