News tagged with “fannie mae”. Found:
283 tagged news reports.
Your Search Returned 283 tagged news reports
Boehner, Cantor ties taxed by AIG vote
Washington :: DC :: USA | 8 months ago
Credibility
Boehner and House Minority Whip Eric Cantor held their caucus together for two unanimous no votes on the Democrats’ economic stimulus plan, but they couldn’t even agree themselves on a bill Thursday that would recoup bonuses paid by AIG by taxing them...
Tags: Barney Frank, Frank Wants Fannie, Freddie Mac, Fannie Mae, AIG, Federal Housing Finance Agency, American International Group Inc., retention bonuses
Bonuses Planned at Fannie, Freddie
New York City :: NY :: USA | 8 months ago
Credibility Fannie Mae is due to pay retention bonuses of as much $470,000 to $611,000 this year to some executives despite enormous losses at the government-backed mortgage company. Fannie's main rival, Freddie Mac , also plans to pay such bonuses but hasn't yet...
Tags: Freddie Mac, wall street, Fannie Mae, backed mortgage, Fannie Tightens Conditions
Freddie Mac board names interim CEO, chairman
Washington :: DC :: USA | 8 months ago
Credibility Freddie Mac, the ailing US mortgage finance giant seized by the government, on Wednesday named an interim chief executive after the current CEO resigned in early March. Freddie Mac's board of directors named John Koskinen, the current non-executive chairman,...
Tags: Freddie Mac, U.S, Treasury Department, financi companies, Fannie Mae, addition aid, housing market, fourth quarter, Freddie Loses, gargantuan loss
Rep. Issa Questions Raines Loan
Washington :: DC :: USA | 9 months ago
Credibility A senior House Republican released documents and a letter Wednesday that he said suggested former Fannie Mae chief executive Franklin Raines received a discounted loan from Countrywide Financial Corp., although Mr. Raines told a House panel in December...
Tags: Fannie Mae, Countrywide Financial Corp., House Republican, Darrell Issa, Issa Questions Raines Loan, Franklin Raines, House Committee, chief executive, released documents
Moffett resigning as Freddie Mac CEO
Washington :: DC :: USA | 9 months ago
Credibility Mortgage giant Freddie Mac says Chief Executive David Moffett is resigning. Freddie Mac said Monday that Moffett will step down as CEO and from the board of directors no later than March 13. He has been CEO since September, when the government seized...
Tags: Government-Run Freddie Mac, McLean-based Freddie Mac, David Moffett, chief executive, Mr Moffett, mac chief, mortgage losses, U.S. Treasury, Fannie Mae, companies continues
Fannie Mae loses $92bn, seeks new bailout
Washington :: DC :: USA | 9 months ago
Credibility US mortgage finance giant Fannie Mae said it lost almost $US60 billion ($92 billion) last year and asked the Treasury Department for a further $US15.2 billion in aid. The US Government-controlled Fannie Mae reported a loss of $25.2 billion in the fourth...
Tags: Fannie Mae, Treasury Department, U.S, fourth quarter, mortgage finance, federal regulators, Freddie Mac, billion loss, finance companies
Fannie, Freddie to fund part of $75B foreclosure fix
Atlanta :: GA :: USA | 9 months ago
Credibility The White House is using only $50 billion from the $700 billion financial industry bailout package to fund the foreclosure prevention program, a senior administration official clarified Friday. Fannie Mae and Freddie Mac will contribute more than $20...
Tags: Freddie Mac, Treasury Department, Fannie Mae
Economic catastrophe looms
Hartford :: CT :: USA | 9 months ago
Credibility Fewer still are wondering what havoc will erupt when all this liquidity eventually washes ashore. The latest spending, signed into law this week by President Barack Obama, came on top of $300 billion committed to Citigroup, $700 billion for Troubled Assets...
Tags: Fannie Mae
Largest banks that received aid cut lending
Washington :: DC :: USA | 9 months ago
Credibility The report did not provide total lending amounts in each category. The Treasury Department also said the report is intended to increase the transparency of the widely unpopular bank bailout program, which has provided billions of dollars with few strings...
Tags: US Treasury Department, Treasury Department Monthly Lending, Treasury Finds Top, U.S. Treasury, treasurys department, Fannie Mae, Freddie Mac, banks lending, banks received, financial support
Banks halt foreclosures as rescue takes shape
Washington :: DC :: USA | 9 months ago
Credibility But on Friday, government-controlled mortgage finance companies Fannie Mae and Freddie Mac, and major banks JPMorgan Chase & Co., Morgan Stanley and Bank of America Corp., said Friday that they are halting foreclosures through March 6. Citigroup Inc....
Tags: Morgan Stanley Citigroup Inc., Barack Obama, Obama Calls Stimulus, halting foreclosures, Bank of America Corp., Freddie Mac, Fannie Mae, mortgage finance, major banks, white housing
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