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Fannie Mae Fouondation Mortgage

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Banking & Finance: Freddie Mac, Fannie Mae pose little risk to Asian banks -- Moody's   ASIAN BANKS and insurance firms are generally unaffected from the problems of US mortgage lenders Freddie Mac and Fannie Mae, but their exposure to subprime-related assets still pose a threat, global debt watcher Moody's Investors Service sa

Fannie Mae CEO Defends Mortgage Giant's Financial Stability   Fannie Mae CEO Daniel Mudd discusses questions about the stability of the mortgage-lending giant after the government took steps earlier this week to back Fannie Mae and Freddie Mac and maintain confidence in U.S. financial marke

Ex-Fannie Mae chief laments company's tumble   In the four years since he stepped down as Fannie Mae's chief executive under the shadow of a $6.3 billion accounting scandal, Franklin Raines has been quietly constructing a new lif

Fannie Mae, Freddie Mac spent millions on lobbying   For years, mortgage giants Fannie Mae and Freddie Mac tenaciously worked to nurture, and then protect, their financial empires by invoking the political sacred cow of homeownership and fielding an army of lobbyists, power brokers and political contributo

Most bankers surveyed in Midwest, Plains states support bailout of Fannie Mae, Freddie Mac   July 18, 2008 - 11:09 a.m. OMAHA, Neb. - Most rural bank CEOs surveyed in eleven Midwestern and Plains states support a federal bailout of mortgage lenders Fannie Mae and Freddie Mac in the event of financial collap

Fannie Mae CEO says company unlikely to need aid   The chief executive of troubled mortgage finance company Fannie Mae says his company is "very unlikely" to need a cash infusion from the government to survive the housing bu

Fannie Mae, Freddie Debt a Buy Poole Says `Insolvent' (Update2)   July 17 -- Debt of Fannie Mae and Freddie Mac , the mortgage finance companies deemed ``insolvent'' by former Federal Reserve President William Poole, is suddenly looking to Jamie Jackson like one of the best buys in the bond mark

U.S. Stocks End Six-Week Skid on Bank Earnings, Fannie Mae Plan   July 19 -- U.S. stocks rallied, halting a six- week slide, after earnings from Citigroup Inc., JPMorgan Chase & Co. and Wells Fargo & Co. topped estimates and regulators stepped up efforts to buoy the nation's biggest mortgage financie

Freddie, Fannie stock surges   Shares of battered mortgage finance giants Fannie Mae and Freddie Mac surged Friday on reports that Freddie was moving closer to a stock offeri

Dodd defends Fannie Mae/Freddie Mac, rips Bush and the Fed   U.S. Sen. Christopher J. Dodd moved this weekend to calm fears about the stability of the American financial system as the Bush administration unveiled an unprecedented rescue plan for the nation’s two largest mortgage finance compani

Bernanke says Fannie Mae, Freddie Mac not in danger   WASHINGTON — Federal Reserve Chairman Ben Bernanke told Congress on Wednesday that troubled mortgage giants Fannie Mae and Freddie Mac are in "no danger of failing

Shareholders get left behind in Fannie, Freddie rescue   I've never been a Fannie Mae or Freddie Mac shareholder, but I know people who are. They're not high-rolling speculators. On the contrary, they seemed to view Fannie and Freddie shares as being in pretty much the same category as U.S. Treasury bonds, and even safer than the typical utili

Frank's Recommended Freddie-Fannie Reading   House Financial Services Chairman Barney Frank assigned some weekend reading to his panel. The Massachusetts Democrats circulated a memo today that includes the entire transcript of a recent Washington Post online Q&A on the troubles of mortgage finance giants Fannie Mae and Freddie Mac. The Crypt wonders if this is aimed at the Republican skeptics who’ve been publicly questioning the

Administration presses for mortgage giant rescue   The Bush administration lobbied skeptical lawmakers Wednesday to support a rescue plan for Fannie Mae and Freddie Mac, as lawmakers weighed how to protect taxpayers while still giving the government unfettered power to pour money into the mortgage gian

 

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