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...
WASHINGTON --A U.S. industry trade group is pushing for an urgent tax change to help the scores of small banks that took a bath when the government's seizure of Fannie Mae (FNM) and Freddie Mac...
WASHINGTON --A U.S. industry trade group is pushing for an urgent tax change to help the scores of small banks that took a bath when the government's seizure of Fannie Mae (FNM) and Freddie Mac...