Fri, Jul 11 2008, 7:00 AM
Releasing a statement on Friday, U.S. Treasury Secretary Henry Paulson
said that the focus was to back Fannie Mae and Freddie Mac "in their
current ...
Thu, Jul 10 2008, 7:00 AM
The U.S. officials may need to bail out the two government-sponsored
enterprises responsible for insuring mortgages, a former Federal Reserve
presid...
Thu, Jul 10 2008, 7:00 AM
Financial news outlet CNBC was reporting early Thursday that
Freddie Mac and Fannie Mae , the two
corporations around which much of housing recov...
Mon, Jul 7 2008, 10:35 AM
Mon, May 12 2008, 7:00 AM
Another program to aid in the subprime mortgage crisis has been
announced by Fannie Mae .
Under the new rules Fannie will refinance mortgages at ...
Tue, May 6 2008, 7:00 AM
With Washington increasingly relying on Fannie and
Freddie to pick up the slack in buying mortgages and mortgage-
backed securities - the two betw...
Tue, May 6 2008, 7:00 AM
Deteriorating conditions in the U.S. housing market contributed to a
larger-than-expected first quarterly loss from U.S. mortgage giant FNMA
( Fanni...
Mon, Apr 21 2008, 7:00 AM
The Office of Federal Housing Enterprise Oversight has reached a
notable settlement with three of Fannie Mae's former
executives.
The settlemen...
Tue, Apr 15 2008, 7:00 AM
Fannie Mae and Freddie Mac have made considerable progress towards
achieving financial stability , but more progress needs
to be made, according to...
Thu, Apr 3 2008, 7:00 AM
"As Fannie Mae has expanded its mortgage guaranty business to serve
the market's urgent need for stability, liquidity and affordability, the
company...
Mon, Feb 26 2007, 8:00 AM
Two bits of news reported last week are worth a mention.
Fannie Mae announced on Tuesday that it would not be
paying over $44.4 million in bonuse...
Tue, Dec 19 2006, 8:00 AM
And just when things were starting to look up for Fannie
Mae ! Then Monday the other shoe fell. Actually it was more
like an axe. The Office of Fed...
Mon, Dec 18 2006, 8:00 AM
December is starting off with a bang for Fannie Mae .
On December 6 the mortgage giant announced that it had (finally)
finished a restatement of ...
Tue, Aug 15 2006, 7:00 AM
Several things have occurred over the last week or so in the ongoing
saga of Freddie Mac, Fannie Mae and their financial improprieties which
date back...
Thu, Jun 15 2006, 7:00 AM
Remember Franklin Raines? In December 2004 he and Timothy Howard were
very much in the news as they "retired" or "resigned" or were fired,
depending o...
Tue, May 30 2006, 7:00 AM
Maybe Fannie Mae's nightmare is over. Sort of.
According to independent and joint press releases from the Securities
and Exchange Commission (SEC) ...
Mon, Mar 20 2006, 7:00 AM
It is hard to be sympathetic to someone who cannot, as the saying goes,
get out of their own way. But Fannie Mae is beginning to seem like the
hapless...
Fri, Mar 10 2006, 8:00 AM
The long awaited independent accounting report on Fannie
Mae was released late last month, and while it sort of absolves
Franklin Raines, former Cha...
Mon, Feb 6 2006, 8:00 AM
Finally Fannie Mae has some good news to announce - a gift from NYSE, a portfolio increase, and Greenspan off of its back.
Fri, Dec 2 2005, 8:00 AM
Freddie Mac and Fannie Mae loan limits will increase to meet rising house prices.
Tue, Nov 15 2005, 8:00 AM
Any bets on when Fannie Mae will finally figure out what it earned or didn’t during the first years of the new century? It sure does not seem to be g...
Fri, Oct 28 2005, 7:00 AM
The House of Representatives has approved new oversight for Freddie Mac and Fannie Mae. Senate approval appears a long way off.
Wed, Aug 31 2005, 7:00 AM
Fannie Mae and Freddie Mac put a small candle in the window for hurricane victims.
Mon, Aug 15 2005, 7:00 AM
Fannie Mae continues to struggle with its massive accounting reinstatement and the New York Stock Exchange is getting restless.
Thu, Jun 9 2005, 7:00 AM
New Fannie Mae initiative opens secondary market to 40-year loans.
Fri, May 20 2005, 7:00 AM
Federal Reserve Chairman Alan Greenspan has spoken out again to urge Congress to rein in the size of the GSE’s, Fannie Mae and Freddie Mac, mortgage p...
Thu, May 19 2005, 7:00 AM
Fannie Mae filed its second consecutive form 12b-25 form with Securities and Exchange Commission (SEC).
Thu, Apr 21 2005, 7:00 AM
The fortunes of Fannie Mae stockholders are not looking up, but CEOs of both Freddie Mac and Fannie Mae fight on.
Mon, Mar 28 2005, 7:00 AM
Fannie misses SEC deadline while OFHEO official hints at more restrictions.
Sat, Jan 22 2005, 8:00 AM
Fannie Mae’s pilot program for 40 year mortgages may prove that what goes around comes around – even if it is not such a good idea.
Sat, Jan 22 2005, 8:00 AM
Fannie Mae took what will be a very unpopular route on its journey to solvency on Tuesday, slashing the dividend on its common stock by 50%.
Fri, Jan 7 2005, 8:00 AM
Fannie Mae has appointed Deloitte & Touche, LLP as its new auditor.
Tue, Jan 4 2005, 8:00 AM
In its first move to put a debilitating scandal behind it, Fannie Mae offers a huge bunch of preferred stock to private investors.
Wed, Dec 29 2004, 8:00 AM
Former top executives leave Fannie Mae with full pockets while the mortgage giant scrambles to meet capital requirements.
Wed, Dec 22 2004, 8:00 AM
The CEO and CFO of Fannie Mae were forced to resign Tuesday by the Corporation’s Board of Directors.
Fri, Dec 17 2004, 8:00 AM
SEC has announced it would like Fannie Mae to take a second look at its earning statement. The effects of this on the mortgage industry may be far re...
Thu, Dec 2 2004, 8:00 AM
Fannie Mae Gets Slapped Again.
Thu, Dec 2 2004, 8:00 AM
An annual event – Fannie Mae raises the loan limit on conforming mortgage loans. Nearly 300,000 homeowners could benefit from this change in 2005.
Tue, Nov 23 2004, 8:00 AM
Ohio’s Attorney General Jim Petro (R) brought suit against Fannie Mae on Friday in the latest of several legal actions against the nation’s largest se...
Thu, Nov 18 2004, 8:00 AM
The Corporation missed a deadline and more than just stockholders may ultimately be affected.
Fri, Oct 15 2004, 7:00 AM
More Trouble For Fannie Mae