Streams

 

Fannie Mae

Money Talking

Screech! Making a U-Turn on Housing Finance

Friday, May 16, 2014

The new regulator of mortgage finance companies Fannie Mae and Freddie Mac reverses course to stimulate the housing market and the economy.

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Money Talking

Will Getting A Mortgage Get More Expensive?

Friday, March 14, 2014

Congress moves to get the government out of the mortgage business.

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The Takeaway

How Serious Are the SEC's Charges Against Fannie Mae and Freddie Mac?

Tuesday, December 20, 2011

A series of recent filings from the Securities and Exchange Commission bring new charges against executives at Fannie Mae and Freddie Mac. The SEC claims executives misled investors about Fannie and Freddie's exposure to subprime mortgages in the two years leading up to the housing market collapse. It is unusual to hear a defense of the mortgage giants — conventional wisdom holds that their risky loans were at the heart of the financial crisis from the beginning. But writing in his New York Times op-ed columnJoe Nocera argues that the SEC's latest complaint shows "how desperate the SEC has become to bring a crowd-pleasing case."

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The Takeaway

Complaints to Fannie and Freddie's Overseer Go Ignored

Wednesday, June 22, 2011

The federal agency overseeing Fannie Mae and Freddie Mac failed to act on almost 100 complaints filed from July 2008 to October 2010, pertaining to possible foreclosure abuse and mortgage fraud at the taxpayer-owned mortgage finance agencies. The companies did not refer the complaints to criminal investigators or other law-enforcement authorities, according to a report issued late Tuesday by the inspector general of the Federal Housing Finance Agency. 

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