S&P gives Freddie 'Above Average' servicer ranking
12 days ago
The government rescued Freddie and larger sibling Fannie Mae during the 2008 financial crisis after they incurred massive losses on risky mortgages.
News Summary: Fannie earned record $58.7B in Q1
41 days ago
RECORD PROFIT: Mortgage giant Fannie Mae earned a record $58.7 billion from January through March, helped by a stronger housing market and a one-time tax maneuver.
Fannie Mae posts record $58.7B net income for Q1
41 days ago
Mortgage giant Fannie Mae earned a record $58.7 billion from January through March, benefiting from a one-time accounting move that allowed the company to lower its tax liability.
News Summary: Freddie posts $4.6B net income in Q1
42 days ago
BIG BAILOUT: The government rescued Freddie and larger sibling Fannie Mae during the financial crisis after both incurred massive losses on risky mortgages.
Freddie Mac posts $4.6B net income for Q1
42 days ago
The government rescued Freddie and larger sibling Fannie Mae during the financial crisis after both incurred massive losses on risky mortgages.
Merger of Fannie, Freddie's bond units proposed
107 days ago
The federal regulator who oversees Fannie Mae and Freddie Mac is putting forward a plan to combine the two mortgage giants' divisions that issuing billions of dollars in securities backed by home...
Freddie Mac posts $4.5B net income for Q4
111 days ago
The government rescued Freddie and larger sibling Fannie Mae during the financial crisis after both incurred massive losses on risky mortgages.
Time to fix Fannie Mae and Freddie Mac
156 days ago
Even so, I have to ask: Are they ever going to get around to fixing Fannie Mae and Freddie Mac?
Bank of America settlement questioned by watchdog group, N.J. Sen. Menendez
159 days ago
Watchdog group Public Citizen and a U.S. senator are calling for an investigation into Bank of America's settlement with mortgage giant Fannie Mae in a dispute involving $1.4 trillion in loans.
Bank of America to pay $11.6 billion to buy back bad mortgages
163 days ago
CEO Brian Moynihan said Bank of America's settlement with Fannie Mae represents "a significant step" in resolving the bank's remaining mortgage problems.
