News tagged with “fannie mae”. Found:
284 tagged news reports.
Your Search Returned 284 tagged news reports
Need for Aid Grows at Fannie Mae
Washington :: DC :: USA | 6 months ago
Credibility
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
Mortgage rates rise slightly
Atlanta :: GA :: USA | 6 months ago
Credibility 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
The Record, New Jersey: Fannie Mae loans create housing smoke screen
Newark :: NJ :: USA | 7 months ago
Credibility 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
Rates on bigger mortgages finally should come down
Redwood City :: CA :: USA | 7 months ago
Credibility To make bigger mortgages cheaper, the economic stimulus act passed in February increased the conforming loan limit in high-cost regions to a maximum of $729,750 from $625,500 for single-family homes through the end of this year. The conforming-loan limit...
Tags: Freddie Mac, Fannie Mae
Fannie Mae names Michael Williams CEO
Washington :: DC :: USA | 7 months ago
Credibility Peat Marwick and DuPont Company, will succeed Herbert Allison. Allison has been nominated as assistant secretary for financial stability and counselor to the secretary at the Treasury Department. Fannie Mae said that as COO, Williams oversaw the restructuring...
Tags: Fannie Mae, Michael Williams, Mr. Williams, Michael J. Williams
Fannie Mae CEO takes over TARP
Washington :: DC :: USA | 7 months ago
Credibility Herb Allison, who has been chief executive of Fannie Mae since it was seized by the government last September, has been tapped to oversee the $700 billion financial rescue fund conceived to restore rattled markets, the White House said on Friday.
Tags: Fannie Mae, Treasury Department, White House, Barack Obama, chief executive, Herb Allison, Herbert Allison Jr., lawmakers return, Senate, president barack
Gov't defends toxic asset plan; JPMorgan opts out
Washington :: DC :: USA | 7 months ago
Credibility The Treasury Department on Thursday defended the viability of its $1 trillion plan to get soured mortgage investments off of banks' books after JPMorgan Chase's chief executive said the company won't participate...CEO Jamie Dimon's comments could spell...
Tags: White House, Treasury Department, Fannie Mae, Head U.S. Bank Rescue
Your Once-in-a-Lifetime Investing Opportunity
New York City :: NY :: USA | 7 months ago
Credibility Panic " might be too weak a word for what we've been going through. Beyond the substantial shocks that stocks have sustained, the far larger lending market has seized up as well. Banks don't want to lend to each other, much less those of us out here in...
Tags: Fannie Mae, Freddie Mac
THE MOGAMBO GURU : Bond folly
March :: United Kingdom | 8 months ago
Credibility Bond folly Agora Financial's 5-Minute Forecast conveniently distills the Truly Horrifying News (THN) of recent US Federal Reserve action by saying, "In a single breath, the Fed committed another US$1.15 trillion to the credit quagmire" with "$750 billion...
Tags: Fannie Mae, Freddie Mac, US Federal Reserve
New Task Mulled Fannie, Freddie
New York City :: NY :: USA | 8 months ago
Credibility The regulator of Fannie Mae and Freddie Mac is considering giving the government-backed mortgage companies another role: helping to finance small mortgage banks. A spokeswoman for the regulator, the Federal Housing Finance Agency, said it is looking at...
Tags: Fannie Mae, mortgage banks
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