Freddie Mac

Fannie, Freddie revamp plan unlikely this year, dividends in focus

Amanda Becker, Reuters
March 22, 2017
An overhaul of Fannie Mae and Freddie Mac is highly unlikely to make it into this year's legislative calendar, Congressional staffers say, possibly shifting the new administration's immediate focus to allowing the mortgage financing institutions' to rebuild depleted capital.

Government's hijacking of Fannie & Freddie profits leave GSEs at risk

William Isaac & Bob Kerrey
April 9, 2015
How the Fannie and Freddie Conservatorship Has Undermined the Resolution Process

Legal woes for Fannie Mae and Freddie Mac

Jody Shenn, Bloomberg
October 1, 2014
Fannie Mae fell 66 percent to 97.5 cents at 8:30 a.m. in New York. Freddie Mac dropped 64 percent.

Fannie and Freddie causing more trouble

Jody Shenn, Bloomberg
September 29, 2014
Fannie Mae fell 1 percent to $2.95 at 9:35 a.m. in New York, after dropping 25 percent from mid-August through last week. Freddie Mac slipped 2 percent today.

Fannie Mae, Freddie Mac seen dodging billions in write-offs

Clea Benson, Bloomberg
August 19, 2013
Fannie Mae and Freddie Mac, which have reported record profits after a taxpayer bailout, are ignoring billions of dollars in potential losses on delinquent loans as they take three years to adopt a new accounting system.

Freddie Mac to pay Treasury $4.4 billion on quarterly profit

Clea Benson, Bloomberg
August 7, 2013
Freddie Mac, the U.S.-owned mortgage financier, will pay $4.4 billion to the Treasury Department after continued housing-market improvements allowed the company to post a seventh consecutive profitable quarter.

Obama said to call for limited government role for mortgages

Clea Benson and Hans Nichols, Bloomberg
August 6, 2013
President Barack Obama will call for Fannie Mae and Freddie Mac to be replaced with a government mortgage reinsurer that would sustain losses only in catastrophic circumstances.

Let's overhaul the financial system

Scott Skrym
July 9, 2013
Some in and out of the box ideas on how to change the financial system.

Freddie Mac sues BofA, UBS, JPMorgan alleging Libor rigging

Tom Schoenberg and Andrew Zajac, Bloomberg
March 20, 2013
Freddie Mac sued Bank of America Corp., UBS AG, JPMorgan Chase & Co. and a dozen other banks over alleged manipulation of the London interbank offered rate, saying the mortgage financier suffered substantial losses.

Fannie to allow some on-time borrowers to leave homes

Kathleen M. Howley, Bloomberg
January 28, 2013
Fannie Mae and Freddie Mac will let some borrowers who kept up payments as their homes lost value erase their debts by giving up the properties, helping Americans escape underwater loans.