U.S. stocks climbed, adding to a rally across Europe and Asia, on speculation the government takeover of Fannie Mae and Freddie Mac will stabilize the global financial ...
WASHINGTON, Sept 7 - The U.S. Treasury has been worrying and wrangling over Fannie Mae's and Freddie Mac's capital levels and systemic risks for years. So why move now to seize control of the two...
WASHINGTON, Sept 2 - Fears a government takeover would wipe out shareholders at U.S. mortgage finance companies Fannie Mae (FNM.N) and Freddie Mac (FRE.N) battered the price of their stock last...
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, 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, March 20 - A key U.S. House of Representatives committee chairman said on Friday that employee bonus programs at Fannie Mae and Freddie Mac should be halted, while the regulator who oversees the two...
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...
WASHINGTON, Feb 18 - The U.S. Treasury Department said on Wednesday it was doubling its financial support for housing finance enterprises Fannie Mae and Freddie Mac to allow them to play a bigger role supporting...
WASHINGTON, Feb 8 - The Obama administration is crafting a mortgage-rescue program that would see Fannie Mae and Freddie Mac ease payments for hundreds of thousands of borrowers and offer a model for Wall Street...