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Fannie Mae Graphs Mortgage
4 top executives leave as Fannie Mae restructures Mortgage finance giant Fannie Mae, taken over by the government earlier this month, announced Friday the resignations of four senior executives and said it was restructuring its organization.
Linking Obama to Ex-Fannie Mae Chief Is a Stretch "Obama has no background in economics. Who advises him? The Post says it's Franklin Raines, for 'advice on mortgage and housing policy.' Shocking. Under Raines, Fannie Mae committed 'extensive financial fraud.' Raines made millions. Fannie Mae collapsed. Taxpayers? Stuck with the bill."
Fannie Mae vet protests McCain ad A former Fannie Mae executive has written to The New York Times in an effort to escalate Democrats' pushback to a McCain campaign ad accusing Sen. Barack Obama D-Ill. of guilt by association with former officials of the mortgage giant.
Fannie Mae's chief business officer to leave NEW YORK -- Less than two weeks after the US government bailout of Fannie Mae, several leaders are leaving the company, including Peter Niculescu, promoted less than a month ago to become the mortgage giant's chief business officer.
Mortgage rates sink after Fannie-Freddie takeover Rates on 30-year mortgages dropped sharply again this week, falling to the lowest level in seven months, as rates continue to decline following the government's takeover of mortgage giants Fannie Mae and Freddie Mac.
Paulson says Fannie, Freddie will buy more mortgage WASHINGTON - Treasury Secretary Henry Paulson announced Friday that mortgage giants Fannie Mae and Freddie Mac will step up their purchases of mortgage-backed securities to help provide support to the crippled housing market.
Fannie, Freddie to buy mortgage-backed securities The regulator of mortgage finance firms Fannie Mae and Freddie Mac said on Friday that it had directed the companies to buy mortgage-backed securities immediately.
Bank of the James will record Fannie Mae write-down Officials of Bank of the James said Thursday that the Lynchburg-based bank will write down more than $1.5 million worth of stock it owns in Fannie Mae, one of two mortgage giants taken over by the federal government Sept. 7.
Intermountain Community Bancorp Announces No Exposure to Fannie Mae or Freddie Mac Equity Investments & Reaffirms its ... Intermountain Community Bancorp OTCBB:IMCB, the holding company for Panhandle State Bank, the largest locally owned state bank in Idaho, advised that it does not hold any common or preferred equity securities of the Federal National Mortgage Association FNMA or "Fannie Mae" or the Federal Home Loan Mortgage Corporation FHMLC or "Freddie Mac". As a result, it has no exposure to these ...
Fannie, Freddie rescue won't end ripple effect The government rescue of hobbled U.S. mortgage giants Fannie Mae and Freddie Mac this month was like treating a compound fracture with a Band-Aid.
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