All posts tagged "Fannie Mae"
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Bank Of America Fined $1.3B For Bad Mortgages
Source: Kevin McCoy / USA Today NEW YORK — A Bank of America subsidiary was ordered to pay nearly $1.3 billion Wednesday for a program that caused...
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Key Senators Agree On Plan To Replace Fannie Mae, Freddie Mac
Source: Jim Puzzanghera / Los Angeles Times WASHINGTON — Congressional efforts to shut down bailed-out Fannie Mae and Freddie Mac took a significant step forward Tuesday as key senators announced...
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President Barack Obama Says It Is Time To Wind Down Fannie And Freddie
Source: Aamer Madhani / USA Today Almost five years after taxpayers bailed out mortgage giants Fannie Mae and Freddie Mac, President Obama said on Tuesday that...
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Pres. Obama Names N.C. Rep. Watt To Housing Post
Source: David Jackson / USA Today President Obama nominated North Carolina congressman Mel Watt to head the government agency that oversees the government-backed mortgage giants Fannie...
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Bank Of America In $10 Billion Settlement With Fannie Mae
Source: CNN Money Bank of America has reached a $10.3 billion settlement with Fannie Mae to deal with questionable home loans it sold to the...
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Ed DeMarco, Top Housing Official, Defies Treasury, Shoots Down Principal Reduction
Source: AP / The Huffington Post WASHINGTON – A federal regulator is standing by its decision to bar Fannie Mae and Freddie Mac from reducing...
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Is Freddie Mac Betting Against Homeowners?
Source: Alan Farnham / ABC News A recent investigation into trades made by the taxpayer-owned mortgage giant shows that while Freddie with one hand is helping consumers get mortgages, it is, with...
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SEC Charges Former Execs Of Fannie, Freddie
Source: Aaron Smith / CNN Money NEW YORK – The Securities and Exchange Commission charged six former executives of Fannie Mae and Freddie Mac with securities...
