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  U.S. Mortgage Giant Bailout
Last updated: 08:33:02 Saturday May 2, 2009


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U.S. Mortgage Giant Bailout 28
U.S. Mortgage Giant Bailout


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  • Fannie, Freddie execs turned aside warnings
    WASHINGTON - Top executives at mortgage finance companies Fannie Mae and Freddie Mac ignored warnings that they were taking on too many risky loans long before the housing market plunged, according to documents released Tuesday by a House committee.   People:Newt Gingrich   Activities:U.S. Mortgage Giant Bailout   Source:(AP)   2008-12-09

    Former Fannie Mae, Freddie Mac execs to testify
    WASHINGTON - Lawmakers are poised to trade barbs Tuesday about who deserves most of the blame for the collapse and government takeover of mortgage finance titans Fannie Mae and Freddie Mac.   People:Newt Gingrich Alan Greenspan   Activities:U.S. Mortgage Giant Bailout   Source:(AP)   2008-12-09

    Freddie seeks gov't aid after $25.3B loss
    WASHINGTON - Mortgage finance company Freddie Mac is asking for $13.8 billion out of a potential $100 billion in government aid after posting a massive quarterly loss.   Activities:U.S. Mortgage Giant Bailout   Source:(AP)   2008-11-14

    Fannie Mae posts $29B loss, may tap gov't funding
    WASHINGTON - Fannie Mae on Monday posted a $29 billion loss in the third quarter as it took a massive tax-related charge, and said it may have to tap the government's $100 billion lifeline as early as next year.   People:Barack Obama   Activities:U.S. Mortgage Giant Bailout Global Financial Crisis   Source:(AP)   2008-11-10

    Fannie, Freddie disclose subpoenas, investigations
    WASHINGTON - A federal grand jury is investigating accounting and disclosure issues at Fannie Mae and Freddie Mac, the mortgage finance companies said Monday.   Nations:U.S.   Activities:U.S. Mortgage Giant Bailout   2008-09-29

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