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...
* Lawsuit cites ex-employees who describe company finances * Shareholders say they lost billions on their investment (Adds Freddie Mac declining to comment in 6th paragraph) NEW YORK, May 20 - Freddie Mac investors have...
NEW YORK, May 20 - Freddie Mac investors have filed expanded court claims accusing the mortgage finance company and three former executives of committing fraud by misleading them about risky loan practices and manipulating financial...
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...
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...
NEW YORK, Nov 3 - Doubts about the U.S. government's intentions regarding Fannie Mae and Freddie Mac could drag on for months as it resists giving the two housing finance companies an explicit guarantee. Efforts...
WASHINGTON --In granting tax relief for banks that took a bath on their holdings of Fannie Mae (FNM) and Freddie Mac (FRE) preferred stock, Congress brushed aside pleas from insurance companies and others for similar...