Fannie Mae CEO says "new realism" is bolstering mortgage firm – Asbury Park Press

Fannie Mae, the mortgage-finance company operating under federal conservatorship, is regaining strength amid a “new realism” in the U.S. housing market, Chief Executive Officer Michael J. Williams said …
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Mortgage rates on 30-year U.S. loans fall to 4.99 percent – Asbury Park Press
Mortgage rates in the U.S. dropped for a third week, lowering borrowing costs for consumers and supporting government efforts to boost the housing market. The rate for 30-year fixed U.S. home loans fell to 4.99 percent for the week ended today from 5 … Go to Source…

U.S. move to cover Fannie Mae, Freddie Mac losses stirs controversy on … – Washington Business Journal
The Obama administration’s decision to cover an unlimited amount of losses at the mortgage-finance giants Fannie Mae and Freddie … Spencer Bachus of Alabama, the ranking Republican on the House Financial Services Committee, said that the timing of … Go to Source…

U.S. move to cover Fannie Mae, Freddie Mac losses stirs controversy on … – Washington Business Journal
The Obama administration’s decision to cover an unlimited amount of losses at the mortgage-finance giants Fannie Mae and Freddie … Spencer Bachus of Alabama, the ranking Republican on the House Financial Services Committee, said that the timing of … Go to Source…

Mortgage giants Fannie Mae, Freddie Mac proving too big to shrink – San Jose Mercury News
WASHINGTON — The government’s Christmas Eve pledge of unlimited financial aid to mortgage giants Fannie Mae and Freddie Mac is aimed at making sure the housing market doesn’t take another turn for the worse and cause the economic recovery to … Go to Source…

Mortgage giants Fannie Mae, Freddie Mac to delist shares from NYSE – San Jose Mercury News
NEW YORK (AP) — Government-sponsored mortgage purchasers Fannie Mae and Freddie Mac plan to delist their shares from the New York Stock Exchange. The companies’ regulator, the Federal Housing Finance Agency, said … Go to Source…

Invesco Mortgage Capital Inc. to Announce First Quarter … – Businesswire.com
ATLANTA–( BUSINESS WIRE )–Invesco Mortgage Capital Inc. (NYSE: IVR) will announce its first quarter 2010 results on Tuesday, May 11, 2010 at 8:00 am ET. Scheduled to speak are Richard King, Chief Executive Officer; John Anzalone, Chief Investment … Go to Source…

Mortgage lender settles N.C. fraud charges for $4.5M – WRAL
RALEIGH, N.C. — A Texas-based mortgage lender has agreed to replace its namesake chief executive and pay $4.5 million to settle North Carolina allegations the company pushed home buyers into mortgages they couldn’t … Go to Source…

Gabriel Interview on Fannie Mae, Freddie Mac
Charles Gabriel, managing director of Capital Alpha Partners, talks about tomorrow’s U.S. Treasury Department summit on the mortgage-finance system and the outlook for Fannie Mae and Freddie Mac. Gabriel speaks with Margaret Brennan on Bloomberg Television’s “InBusiness.” Go to Source…

Freddie Mac names Ross Kari as new CFO – Seattle Post Intelligencer
Freddie Mac has named Ross Kari as its new chief financial officer. Kari joins the government-controlled mortgage finance company from Fifth Third Bancorp, where he had been CFO. Freddie Mac has named Ross Kari as its new chief financial officer … Go to Source…

Mortgage giants Fannie Mae and Freddie Mac can’t continue in their current form – Kansas City Star
… Congress was a plan for dealing with the moribund mortgage giants Fannie Mae and Freddie Mac, seized by the government nearly two years … At a recent Washington conference involving the major players in housing, Go to Source…

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