Your Search Returned 281 tagged news reports
Lockhart will step down very soon as head of the Federal Housing Finance Agency, the official said, but no decision has been made about a suitable long-term replacement, or the role that person would have in shaping housing policy. In September, Lockhart's...
Tags: Akio Toyoda, Fannie Mae, The Washington Post, Freddie Mac, Toyota Motor Corp., Michigan, James Lockhart III, San Antonio Toyota, Buick, utility vehicle
After the company reported second-quarter earnings yesterday afternoon, the answer, for now, is a resounding "yes."...Using a preferred metric the company calls "core earnings," net income was $0.66 per share, up from $0.60 in the same quarter last year.
Tags: Fannie Mae, U.S
By: Catherine I. Fernandez Sports Illustrated published its list of the 50 top-earning American athletes for the sixth consecutive year; the list takes into account salary, winnings, endorsements and appearance fees. For some reason, a country that...
Tags: Sports Illustrated, NBA, NASCAR, NFL, Tiger Woods, Fannie Mae, Freddie Mac, Kobe Bryant, Dwight Howard
Frank has long pimped the disastrous Community Reinvestment Act and been a loyal friend of Fannie Mae and Freddie Mac. Even as the economy went south last year, Frank stood by the CRA and the two government sponsored enterprises (GSEs). The CRA mandated...
Tags: Barney Frank, Freddie Mac, Fannie Mae
Senate on Friday confirmed Herb Allison, the former chief executive of mortgage finance company Fannie Mae , as assistant Treasury secretary to oversee the government's $700 billion bank bailout fund. Allison, had led Fannie Mae (FNM.P) after the Treasury...
Tags: Senate, Herb Allison, Fannie Mae, Herbert Allison, Treasury Department, bank bailout
We've watched AIG, Lehman Brothers, banks, insurance and mortgage companies fail. Then America looked on as the Big Three went to Washington in their private jets to ask for a bailout. Ford said they didn't really need one, but just wanted to tag...
Tags: Chevrolet, Saturn, Pontiac, Cadillac, Buick, Saab, Ford, Chrysler, Big Three, Hummer, healthcare, AIG, Lehman Brothers, banks, Fannie Mae, Freddie Mac, economic crisis, economy, free market, government, bailout, Penske, China, Sweden, capitalism, General Motors, GMC
Two giant U.S. mortgage brokers in Washington reported sharp declines in charity donations since the financial crisis swept them into government control. The government seized control of the Federal Home Loan Mortgage Corp. and the Federal National Mortgage...
Tags: Fannie Mae
Fannie Mae said this morning it lost $23 billion in the first three months of the year, resulting in a $19 billion shortfall to keep the company solvent. Under the agreement with the government, which took over Fannie Mae last fall, the loss triggered...
Tags: Fannie Mae, U.S. Treasury, Treasury Department, finance company, mortgage finance
Home mortgage rates ticked only slightly higher this week, according to a report released Thursday. The average 30-year fixed mortgage rate jumped to 5.27%, up from 5.23% the previous week, according to Bankrate.com's weekly national survey. Even with...
Tags: mortgage rate, Fannie Mae
That was a solution to the housing crisis mortgage giant Fannie Mae hit on last year. Faced with growing numbers of homeowners unable to make mortgage payments, Fannie decided to fund loans to borrowers that were instant losers...Even though those loans...
Tags: Fannie Mae