WASHINGTON -- The U.S. Treasury Department and Internal Revenue Service on Wednesday issued guidance on a provision of the new market-rescue law that allows banks to treat capital losses on Fannie Mae (FNM) and Freddie...
DOW JONES NEWSWIRES Housing and local-government advocates have written senior U.S. officials urging them to push mortgage financiers Fannie Mae (FNM) and Freddie Mac (FRE) to resume purchases of tax-exempt housing bonds, the Bond Buyer...
Freddie Mac secretly paid a Republican consulting firm $2 million to kill legislation that would have regulated and trimmed the mortgage finance giant and its sister company, Fannie Mae, three years before the government took control to prevent their collapse.
SAN FRANCISCO, Sept 7 - Pimco's Bill Gross said on Sunday that the U.S. Treasury's takeover of Fannie Mae <FNM.N> and Freddie Mac <FRE.N> should ultimately slow the decline of housing prices and help the...
SAN FRANCISCO, Sept 7 - Pimco's Bill Gross said on Sunday that the U.S. Treasury's takeover of Fannie Mae <FNM.N> and Freddie Mac <FRE.N> should ultimately slow the decline of housing prices and help the...
WASHINGTON, Oct 7 - U.S. banks would be allowed to hold more Fannie Mae and Freddie Mac debt and guarantees under a plan proposed by the Federal Deposit Insurance Corp on Tuesday. The FDIC said...
Congress is considering giving billions of dollars in special tax relief to banks that suffered losses related to the federal takeover of Fannie Mae and Freddie Mac, ratcheting up the potential cost of the broader...
WASHINGTON -- U.S. lawmakers and the Bush administration should consider providing tax relief to community banks who hold millions of dollars in preferred shares of now government-controlled Fannie Mae (FNM) and Freddie Mac (FRE), a...
WASHINGTON, Sept 23 - The U.S. Congress gave a new regulator for Fannie Mae and Freddie Mac stronger oversight powers too late to help steer the companies away from a government takeover, the chief regulator...
Investigators start search for fraud at Fannie Mae, Freddie Mac, Lehman Brothers and AIG, sources say...