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Fannie Mae

Fannie Mae 08/02/2012

23:10 : US housing regulator acted on ideology -lawmakers - WASHINGTON, Feb 8 (Reuters) - Two Democratic lawmakers on Wednesday accused the regulator of Fannie Mae and Freddie Mac from blocking the firms from reducing principal on the mortgages they back for ideological reasons.
Source : reuters-com
00:16 : House passes bill to put Fannie, Freddie in budget - WASHINGTON, Feb 7 (Reuters) - The U.S. House of Representatives on Tuesday approved a bill that would put the cost of operations for Fannie Mae and Freddie Mac in the federal budget in a bid to highlight the cost of ...
Source : reuters-com

Fannie Mae 18/01/2012

06:21 : Fannie Fees Fail to Offset Record Low Lending Rates: Mortgages - Ben S. Bernanke's success in pushing mortgage rates to record lows is enabling Congress to fund last month's payroll tax cut extension by siphoning money from Fannie Mae and Freddie Mac, while homebuyers ...
Source : businessweek-com

Fannie Mae 13/01/2012

17:47 : Housing to Give U.S. Economy Modest Push in '12, Fannie Mae Says - Home sales and construction will improve this year, contributing “modestly” to economic expansion after acting as a drag on growth since 2006, according to a Fannie Mae forecast released today.
Source : businessweek-com

Fannie Mae 11/01/2012

01:18 : Fannie Mae chief executive to step down - Williams to leave as soon as a successor is chosen to lead the US government-controlled financier, the largest provider of mortgage credit in the country
Source : ft-com

Fannie Mae 22/12/2011

00:52 : Ex-Fannie Mae Chief Mudd Leaves Fortress Amid SEC Lawsuit - Daniel Mudd will take a leave of absence as chief executive officer of Fortress Investment Group LLC after he was sued by the U.S. Securities and Exchange Commission over his role as former CEO of Fannie Mae.
Source : businessweek-com

Fannie Mae 16/12/2011

17:40 : Ex-CEOs among six Fannie Mae and Freddie Mac executives charged with fraud - Ex-CEOs Daniel Mudd and Richard Syron among executives accused of misleading taxpayers over sub-prime mortgagesThe Securities and Exchange Commission has brought civil fraud charges against six former top executives at Fannie Mae|Fannie ...
Source : guardian-co-uk
17:23 : SEC charges six former Fannie Mae and Freddie Mac executives with fraud - The US Securities and Exchange Commission has announced securities fraud charges against six former executives at government-backed mortgage giants Fannie Mae and Freddie Mac.
Source : telegraph-co-uk
17:14 : SEC charges ex-Fannie and Freddie chiefs - The US Securities and Exchange Commission charged six former top executives of Fannie Mae and Freddie Mac with securities fraud for allegedly misleading investors
Source : ft-com

Fannie Mae 22/11/2011

22:37 : Fannie, Freddie loan limits to be almost unchanged - WASHINGTON, Nov 22 (Reuters) - The regulator for Fannie Mae and Freddie Mac said on Tuesday that the maximum size of loans the two firms can acquire will remain virtually unchanged in 2012.
Source : reuters-com

Fannie Mae 15/11/2011

17:32 : US House panel moves to block Fannie, Freddie pay - WASHINGTON, Nov 15 (Reuters) - The U.S. House of Representatives Financial Services Committee on Tuesday approved a bill that would crack down on the pay packages for executives at mortgage giants Fannie Mae and Freddie ...
Source : reuters-com

Fannie Mae 14/11/2011

22:08 : Fannie Mae Seeks $7.8 Billion in Aid After Reporting Loss - Fannie Mae, one of two mortgage companies operating under U.S. conservatorship, said it will seek $7.8 billion in Treasury Department aid after reporting a third-quarter loss.
Source : businessweek-com

Fannie Mae 09/11/2011

15:30 : U.S. senators move to block Fannie, Freddie bonuses - WASHINGTON, Nov 9 (Reuters) - In an effort to block top Fannie Mae and Freddie Mac executives from receiving million dollar paychecks, a bipartisan group of U.S. senators said on Wednesday they will file ...
Source : reuters-com
00:46 : UPDATE 3-Fannie Mae taps $7.8 bln from Treasury, loss widens - *Fannie Mae, Freddie Mac drawn about $169 billion total (Adds quote from Fannie Mae CFO, combined taxpayer costs of Fannie and Freddie support, byline)
Source : reuters-com

Fannie Mae 07/11/2011

18:42 : Fannie Mae to sell $2 bln bills on Wednesday - Nov 7 (Reuters) - Fannie Mae , the largest U.S. home funding company, said on Monday it plans to sell $2 billion bills on Wednesday, Nov. 9, in a Dutch auction.
Source : reuters-com

Fannie Mae 26/10/2011

06:33 : Pimco Says Mortgage Bonds Cheap After Slump - Pacific Investment Management Co. says investors should buy Fannie Mae and Freddie Mac mortgage- backed securities that slumped in response to planned changes to the government-supported companies' refinancing rules.
Source : businessweek-com

Fannie Mae 18/10/2011

21:45 : Fannie, Freddie End Lawyer Networks Amid Foreclosure Woes - Fannie Mae and Freddie Mac will phase out their foreclosure attorney networks in the wake of the so-called robo-signing scandal, the companies' regulator said.
Source : businessweek-com
20:29 : Fannie, Freddie to phase out attorney networks - WASHINGTON, Oct 18 (Reuters) - Fannie Mae and Freddie Mac will stop using attorney networks that were used during the so-called robo-signing scandal, the regulator for the two firms said on Tuesday.
Source : reuters-com
13:48 : Fannie Mae launches $3 bln 5-year note sale - Oct 18 (Reuters) - Fannie Mae , the largest U.S. home funding source, launched its new $3 billion five-year benchmark note sale on Tuesday, said IFR, a Thomson Reuters service.
Source : reuters-com

Fannie Mae 14/10/2011

17:11 : U.S. government eyes risk-sharing in housing bonds - WASHINGTON, Oct 14 (Reuters) - The U.S. government is considering having mortgage financiers Fannie Mae and Freddie Mac sell some bonds without a federal guarantee as a way to lure private investment ...
Source : reuters-com

Fannie Mae 05/10/2011

14:24 : Fannie Mae sells $2 bln bills at higher rates - NEW YORK, Oct 5 (Reuters) - Fannie Mae , the largest U.S. home funding source, said on Wednesday it sold $2 billion of benchmark bills at higher interest rates compared with last week's sales of similar maturities.
Source : reuters-com

Fannie Mae 28/09/2011

14:36 : Fannie Mae sells $2 bln bills at mixed rates - NEW YORK, Sept 28 (Reuters) - Fannie Mae , the largest U.S. home funding source, said on Wednesday it sold $2 billion of benchmark bills at mixed interest rates compared with last week's sales of similar maturities.
Source : reuters-com

Fannie Mae 26/09/2011

17:33 : Fannie Mae to sell $2 billion bills on Wednesday - NEW YORK, Sept 26 (Reuters) - Fannie Mae , the largest U.S. home funding company, said on Monday it plans to sell $1 billion of three-month benchmark bills due Dec. 28, 2011, and $1 billion of six-month bills due March 28, 2012, on Wednesday, ...
Source : reuters-com

Fannie Mae 09/09/2011

16:05 : U.S.' Geithner sees regulator support for refinancing - WASHINGTON, Sept 9 (Reuters) - U.S. Treasury Secretary Timothy Geithner said on Friday the administration's plans to broaden U.S. homeowners' access to mortgage refinancing has the backing of the regulator overseeing ...
Source : reuters-com

Fannie Mae 05/09/2011

12:08 : Stocks down as RBS faces US lawsuit - Shares in Royal Bank of Scotland (RBS) lost 10% today after it emerged that the bank is being sued by America’s Federal Housing Finance Agency (FHFA) over the sale of residential mortgage-backed securities (RMBSs). The FHFA ...

Fannie Mae 03/09/2011

20:08 : UK banks face US lawsuit over toxic mortgage debt - Leading UK banks ignored warnings from third party advisers before selling on billions of dollars of toxic mortgage debt to Fannie Mae and Freddie Mac in the lead-up to the financial crisis, court papers ...
Source : telegraph-co-uk
18:51 : Getting to know Fannie Mae and Freddie Mac - Fannie Mae and Freddie Mac can trace their roots back to the Great Depression of the 1930s, when millions of Americans struggled to get mortgages to buy their homes.
Source : telegraph-co-uk

Fannie Mae 02/09/2011

08:02 : US authorities to sue big banks over sub-prime crisis - The agency overseeing the remains of Fannie Mae and Freddie Mac seeks billions of dollars in compensation from banks including Bank of America, JP Morgan and Goldman SachsUS authorities are preparing to sue more than ...
Source : guardian-co-uk

Fannie Mae 24/08/2011

14:31 : Fannie Mae sells $2 bln bills at lower rates - NEW YORK, Aug 24 (Reuters) - Fannie Mae , the largest U.S. home funding source, on Wednesday said it sold $2 billion of benchmark bills at lower interest rates compared with last week's sales of similar maturities.
Source : reuters-com

Fannie Mae 17/08/2011

14:22 : Fannie Mae sells $4 billion five-year notes - NEW YORK, Aug 17 (Reuters) - Fannie Mae , the largest U.S. home funding company, said on Wednesday it sold $4.0 billion in new five-year benchmark notes due Sept. 28, 2016.
Source : reuters-com
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