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Goldman seeks to buy Fannie Mae assets

Source: Washington Post
New York City : NY : USA | 20 days ago  
Views: 8
  • General view of a street in Herat
    General view of a street in Herat
    Source: Reuters
General view of a street in Herat
Goldman Sachs is proposing to buy millions of dollars in assets from struggling mortgage finance giant Fannie Mae , an offer a recent Treasury Department analysis found would not be advantageous for taxpayers, people familiar with the matter said. Treasury's finding raises the odds that the Obama...
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  • News Source: Washington Post | 11 days ago
    Goldman Sachs is proposing to buy millions of dollars in assets from struggling mortgage finance giant Fannie Mae , an offer a recent Treasury Department analysis found would not be advantageous for taxpayers, people familiar with the matter said.
  • News Source: The New York Times | 11 days ago
    Treasury officials confirmed on Monday that Goldman Sachs, which reported record quarterly profits last month, has proposed buying or at least borrowing tens of millions of dollars worth of unused tax credits from Fannie Mae , the mortgage finance...
Blogs
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  • Blog Source: elliotts-yp.com
    As the Wall Street Journal reported, Goldman Sachs might be purchasing up to $1 billion of Fannie Mae's tax credits. However, the tax credits, which are designed to encourage additional investment in low-income housing, are useful only ...
  • Blog Source: www.thedeal.com
    The Wall Street Journal reports that Goldman is in talks to buy millions of dollars of tax credits from government-controlled mortgage giant Fannie Mae, but the potential deal is running into opposition from the U.S. Treasury, ...
  • Blog Source: dealbook.blogs.nytimes.com
    Goldman Sachs is in talks to buy millions of dollars of tax credits from Fannie Mae, The Wall Street Journal reported, but the US Treasury could block the deal.
  • Blog Source: www.dailyfinance.com
    U.S. stocks are poised to bounce back Monday morning, ready to start November on a solid note following Friday's sharp selloff. The week ahead is full of earnings and economic data releases, including the Federal Reserve policy meeting. ...
  • Blog Source: www.businessinsider.com
    A sale would bring some needed financial respite to Fannie Mae. But the administration is leery about approving a deal that would help Goldman reduce its tax bill, given the animus held by many lawmakers toward big Wall Street firms in ...
  • Blog Source: wallstreetpit.com
    A sale would bring some needed financial respite to Fannie Mae. But the administration is leery about approving a deal that would help Goldman reduce its tax bill, given the animus held by many lawmakers toward big Wall Street ... Ford says it now
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