- Christmas, by Congress: Members mull a 15-cent tax on trees
- U.S. unemployment falls to five-year low of 7 percent; 203K jobs added
- World mourns Nelson Mandela and celebrates his life; burial set for Dec. 15
- Bill O’Reilly reminds: Nelson Mandela ‘was a communist’
- John Boehner says GOP should support gay candidates: ‘I do’
- Grass-Whopper: Pan-fried cricket burgers go over big in New York City
- CDC sees measles spike and ‘failure to vaccinate’
- Ex-Secret Service agent seeking Md. seat: Everyone’s a ‘de facto criminal’ now
- New prosthetic hand technology lets amputees feel again
- Child killed, 4 injured in Idaho elementary school bus crash
Federal Home Loan Mortgage Corporation
Latest Federal Home Loan Mortgage Corporation Items
Persistently weak job growth, higher taxes on families and record-breaking government debt are the hallmarks of the failed economic experiment known as Obamanomics.
Fannie Mae and Freddie Mac have been in federal conservatorship since 2008. Should these government-sponsored housing enterprises — essentially broke — still be required to spend taxpayer money to fund activities of housing advocacy groups?
Fannie Mae and Freddie Mac, the housing giants whose combined $188 billion bailout dwarfed all others during the 2008 financial crisis, announced Thursday that they will return another $39 billion in dividends to the U.S. Treasury next month, bringing them close to fully repaying the taxpayers who rescued them.
Mortgage giant Fannie Mae has filed a lawsuit against nine banks for allegedly manipulating the London interbank offered rate (Libor) that is used to set global interest rates on such financial products as mortgages and credit cards.
JPMorgan Chase has agreed to pay $5.1 billion to resolve claims that it misled Fannie Mae and Freddie Mac about risky mortgage securities it sold them before the housing market collapsed.
Democrats are loath to admit their role in irresponsible lending
Fannie Mae and Freddie Mac, the two mortgage finance giants whose financial woes required massive taxpayer bailouts in recent years, could be missing out on as much as $4.6 billion in payments from foreclosed mortgages in their portfolios, a federal investigator said.
The Federal Housing Administration may for the first time need a bailout from the U.S. Treasury as rising defaults on mortgages it insures have pushed its insurance reserves into deficit, according to a new report.
Washington's role in the housing crisis still hasn't hit home