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...
NEW YORK, June 18 - Interest rates on U.S. 30-year fixed-rate mortgages dropped 0.21 percentage point in the latest week, retreating sharply from a seven-month high. Freddie Mac, the home funding company, said on Thursday...
NEW YORK, April 2 - U.S. mortgage rates slid to a record low during the past week, Freddie Mac said on Thursday, as concerted government steps to reduce borrowing costs take hold. The average 30-year...
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 --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...
WASHINGTON, Sept 24 - The FBI is investigating Fannie Mae, Freddie Mac, Lehman Brothers Holdings Inc and insurer American International Group Inc, expanding its probe of potential corporate fraud, law enforcement officials said on Wednesday....
Uncle Sam's bailout of Fannie Mae (FNM) and Freddie Mac (FRE) should be good news for stocks and the housing market. It has to be bad news for Treasury securities. And it surely raises the...
(This article was originally published Monday) WASHINGTON --The Treasury Dept. is moving to ensure that mortgage giants Fannie Mae (FNM) and Freddie Mac (FRE) will be able to deduct billions in tax losses, should they...
Uncle Sam's bailout of Fannie Mae (FNM) and Freddie Mac (FRE) should be good news for stocks and the housing market. It has to be bad news for Treasury securities. And it surely raises the...