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,
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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…

CEOs at mortgage giants could earn up to $6 million – Honolulu Advertiser
WASHINGTON — The chief executives of Fannie Mae and Freddie Mac each could earn as much as $6 million this year and next, despite huge continued losses at the seized mortgage giants and a government bailout tab of more than $100 billion that the Obama administration said could rise even higher 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…

Geithner, lawmakers spar over mortgage firms’ future – Durango Herald
WASHINGTON – Lawmakers are starting to wrestle with how to replace Fannie Mae and Freddie Mac, the mortgage giants that nearly collapsed at the start of the financial meltdown. In September 2008, the government seized control of the failing Fannie … Go to Source…

SEC Outlines Fannie, Freddie Charges
The Securities and Exchange Commission has charged six former top executives at Fannie Mae and Freddie Mac with civil fraud, saying they misled the government and taxpayers about risky subprime mortgages the mortgage giants held during the housing bu Go to Source…

SEC Outlines Fannie, Freddie Charges
The Securities and Exchange Commission has charged six former top executives at Fannie Mae and Freddie Mac with civil fraud, saying they misled the government and taxpayers about risky subprime mortgages the mortgage giants held during the housing bu 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…

FHFA Releases Key Data on Fannie Mae and Freddie Mac Single-Family Mortgages for … – RealEstateRama
Washington, DC – September 13, 2010 – (RealEstateRama) — In an effort to inform the current discussion on the future of the housing finance system, the Federal Housing Finance Agency (FHFA) today … Go to Source…

Geithner: Change needed at Fannie and Freddie
Treasury Secretary Timothy Geithner pledged ‘fundamental change’ to the structure of mortgage giants Fannie Mae and Freddie Mac, which profited tremendously during good times but burdened taxpayers with losses when the housing market went bust. (Aug. 17) Go to Source…

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