AMERICAN.COM (Free subscription) | 02/07/2008
Fannie Mae and Freddie Mac are dangerously weak. So why are House Democrats delaying critical regulatory reforms?
EuroInvestor.co.uk (Free subscription) | 01/07/2008
WASHINGTON, July 1 /PRNewswire/ -- Fannie Mae (NYSE: FNM) will redeem the principal amount indicated for the following securities issue on the redemption date indicated below at a redemptio.. - Read more
Personal Finance | Finace Aid (Free subscription) | 28/06/2008
Fannie Mae and Freddie Mac are two government sponsored entities (GSEs). GSEs are set up by the government but run privately. These two GSEs were started to back up mortgages, making it easier for banks to dole out more mortgages with greater risks and lower rates to more families. Fannie Mae and Freddie Mac combined now own or back up almost half of all mortgages in America. With this in mind, the...
PR News Wire (Free subscription) | 27/06/2008
WASHINGTON, June 27 /PRNewswire-FirstCall/ -- Fannie Mae (NYSE: ) today announced a scheduled dividend rate for its Variable Rate Non-Cumulative Preferred Stock Series P ("Series P") of 4.50 percent per annum. The dividend rate of 4.50 percent per annum for Series P will be in effect from and including June 30, 2008, to but excluding September 30, 2008. In accordance with the terms of the Series...
CL&P Blog (Free subscription) | 26/06/2008
This morning's Washington Post: "In a sign of continuing trouble in the housing market, mortgage delinquency rates doubled over a 12-month period at Fannie Mae and Freddie Mac, the two industry giants reported yesterday." Read the whole story here.
Washington Post (Free subscription) | 26/06/2008
In a sign of continuing trouble in the housing market, mortgage delinquency rates doubled over a 12-month period at Fannie Mae and Freddie Mac, the two industry giants reported yesterday.
The Raiser's Razor (Free subscription) | 26/06/2008
Jason Krasilovsky, left, and Victor Marshall, Fannie Mae volunteers, chop onions at the DC Central Kitchen. The potatoes and onions come from Toigo Orchards and Farms in Shippensburg, Pa. (By Kevin Clark -- The Washington Post) One of the reasons why I love the D.C. Central Kitchen is that they're on the cutting edge of not just the non-profit sector, but the world overall. This powerful article talks...
PR News Wire (Free subscription) | 25/06/2008
WASHINGTON, June 25 /PRNewswire-FirstCall/ -- Fannie Mae's (NYSE: ) May 2008 Monthly Summary is now available at . The monthly summary report contains information about Fannie Mae's monthly and year-to-date activities for our gross mortgage portfolio, mortgage-backed securities and other guarantees, interest rate risk measures, and serious delinquency rates. For more information, please contact Investor...
Denver Post (Free subscription) | 25/06/2008
Three months after Fannie Mae and Freddie Mac won the freedom to step up home-loan purchases, the government-chartered mortgage-finance companies are doing what critics in the Federal Reserve and Congress had predicted.
Law Blog - WSJ.com (Free subscription) | 24/06/2008
As most Campaign ‘08 gadflies are aware, there was some serious ado over Senator Barack Obama’s VP selection committee. Two weeks ago, former Fannie Mae CEO Jim Johnson, one of the original three appointed to conduct Obama’s VP search, tapped out after the WSJ reported on favorable loans he received from Countrywide Financial. Meanwhile, Senator [...]
Credit Slips (Free subscription) | 24/06/2008
The continuing mortgage crisis is now making itself felt in the private mortgage industry. Fannie Mae and Freddie Mac recently announced they would cease purchasing mortgages insured by Triad Guaranty, the smallest of the seven private mortgage insurers that make...
SocketSite™ (Free subscription) | 24/06/2008
"Three months after Fannie Mae and Freddie Mac won the freedom to step up home-loan purchases, the government-chartered mortgage-finance companies are doing what critics in the Federal Reserve and Congress had predicted. Instead of using powers granted by Congress to...
Market Wire - Investment Opinion (Free subscription) | 24/06/2008
LONDON (MARKET WIRE)
Research Recap (Free subscription) | 23/06/2008
The International Monetary has given a tentative nod to the Federal Reserve as a single regulator for US invesment banks, thrifts and government sponsored enterprises such as Fannie Mae and Freddie Mac. The IMF also would like to see bundlers of mortgage securities bear some legal liability for the quality of the assets they create. In a [...]
The Street (Free subscription) | 20/06/2008
MBIA and Ambac are among the decliners. Fannie Mae and Freddie Mac are also in the red. Meanwhile, oil prices climb, and the dollar struggles.
