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 …
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More Mortgage Stuff:

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…

Future of Home Loans
Congress is considering the future structure of the home mortgage industry, and the House Financial Services Cmte. is taking up the issue later this month. Rep. Spencer Bachus, R-Ala., shares his insight. (CNBC) Spencer Bachus – Mortgage – Financial services – United States House Committee on Financial Services – Business 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 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…

Rep. Barney Frank calls for replacement of mortgage finance giants … – Baltimore Sun
Rep. Barney Frank , D-Mass., the chairman of the House Financial Services Committee, said Friday he supports replacing the two companies entirely. “I believe this committee will be recommending abolishing Fannie Mae and Freddie Mac in their current … 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…

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…

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…

Mortgage rates move up again – Sacramento Business Journal
Feds raise alarm on bank rate risk Nation’s mortgage rates continue to climb Shares of Fannie, Freddie soar Mortgage rates end year up Freddie Mac director to step down in March Freddie Mac (NYSE: FRE) said 30-year fixed-rate mortgages averaged 5 … Go to Source…

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