NEW YORK , April 30 - Fannie Mae <FNM.P><FNM.N>,the largest provider of funding for U.S. home mortgages, said on Thursday its mortgage investment portfolio shrank by an annualized 1.3 percent rate in March, while delinquencies...
NEW YORK, March 19 - A former executive at a New York mortgage lender was sentenced to more than eight years in prison on Thursday after pleading guilty to defrauding Fannie Mae in a $44...
NEW YORK, April 13 - The Obama administration is expected to name Fannie Mae Chief Executive Herb Allison to head the U.S. government's $700 billion financial rescue program, a source familiar with the matter said...
NEW YORK, April 13 - President Barack Obama is expected to tap Fannie Mae Chief Executive Herb Allison to head the U.S. government's $700 billion financial rescue program, The Wall Street Journal reported, citing people...
WASHINGTON, Oct. 29 /PRNewswire-FirstCall/ -- Fannie Mae (NYSE: FNM) announced today that it has determined to take a valuation allowance against its deferred tax asset. While the amount of the valuation allowance has not yet...
Sept 6 - The U.S. government plans to takeover Fannie Mae (FNM.N) and Freddie Mac (FRE.N),and all shareholders of the two mortgage giants will take a hit, an influential lawmaker said on Saturday. The...
The U.S. government on Sunday seized control of mortgage finance companies Fannie Mae (FNM.N) and Freddie Mac (FRE.N), launching what could be its biggest federal bailout ever, in a bid to support the U.S. housing...
The U.S. government on Sunday seized control of mortgage finance companies Fannie Mae <FNM.N> and Freddie Mac <FRE.N>, launching what could be its biggest federal bailout ever, in a bid to support the U.S. housing...
Fannie Mae's (FNM) third-quarter net loss widened on a $21.4 billion write-down of deferred tax assets it would have used to offset taxes on future profits, showing that the red ink at the government-sponsored provider...
Fannie Mae's (FNM) third-quarter net loss widened on a $21.4 billion write-down of deferred tax assets it would have used to offset taxes on future profits, showing that the red ink at the government-sponsored provider...