Your Search Returned 245 tagged news reports
The results marked the seventh straight quarterly loss for Washington-based Allied, which announced last month that it would be acquired by Ares Capital of New York for $648 million in an all-stock deal. The acquisition is expected to close in the first...
Tags: Fannie Mae, quarterly losses, Treasury Department, mae seeks, housing market, mae posts, government aid, Freddie Mac, foreclosure prevention, mae asked
Government-controlled mortgage company Fannie Mae is going to give borrowers on the verge of foreclosure the option of renting their homes for a year. The change announced Thursday could give a temporary break to thousands of homeowners, but critics question...
Tags: Fannie Mae, avoid foreclosures
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...
Tags: wall street, S&P, U.S, Goldman Sachs, lower open, Treasury Department, active managers, Fannie Mae, jones industrial, industrial average
Verizon Wireless believes it has the iPhone killer, and it's not shy about saying so...Schaumburg-based Motorola, which is embarking on an ambitious effort to turn around its mobile devices unit after years of underwhelming products and market-share losses.
Tags: Motorola Inc., Motorola Droid, Verizon Wireless, Apple Inc., Fannie Mae, droid phone
Pinto predicted that the FHA will suffer $40 billion in losses, leaving it unable to cover its bad loans without taxpayer help. Pinto, a real estate finance consultant who served as Fannie Mae's chief credit officer from 1987 to 1989, said he testified...
Tags: Fannie Mae, mortgage giant, Freddie Mac, policy makers
Fannie Mae and Freddie Mac are preparing to introduce a program aimed at helping independent mortgage banks acquire the short-term credit they need to make home loans, according to people familiar with the plans. The two government-backed mortgage companies,...
Tags: Freddie Mac, mortgage banks, Fannie Mae
More important than fine-tuning the explicit regulatory regime in the utopian hope of finally getting it right, is to change the implicit policy of ad hoc interventions the Fed and the Treasury have pursued for the last three decades. The government has...
Tags: Freddie Mac, Fannie Mae, Time Fannie, wall street
Tough U.S. government home lending standards in the wake of the mortgage crisis are making it harder for some qualified borrowers to get funding, analysts say. With the bailout of Fannie Mae and Freddie Mac and the reluctance of banks to issue new mortgages,...
Tags: Fannie Mae
In the year since, Fannie and Freddie have received roughly $96 billion in taxpayer support, incrementally, to keep their net worths above zero. Originally, a backstop of $200 billion was allocated to keep the two afloat...While not solely, or even mostly,...
Tags: Fannie Mae, Freddie Mac
W hile MDS impressed investors by selling its medical instruments division for a better-than-expected $650-million (U.S.), the company is now dogged by questions of what’s next. MDS, an underperformer in recent years, said Wednesday that it plans to focus...
Tags: Fannie Mae, share price, McClatchy Company, New York Stock Exchange, McClatchy Co., MDS, trading days