- Unbeliebable: White House turns Bieber petition response into immigration screed
- Obama signs law denying Iran ambassador’s visa, but says law is ‘advisory’
- Mich. judge to laughing convicted killer: ‘I hope you die in prison’
- Man charged in Kansas City-area highway shootings
- Keystone XL pipeline still on hold after State Dept. decision
- Fla. man charged with killing 16-month-old son to play Xbox undisturbed
- Drones from the deep: Pentagon develops ocean-floor attack robots
- Michigan mayor slaps back atheists’ try to erect ‘reason station’ at city hall
- PHILLIPS: Where is the conservative establishment?
- 7.5-magnitude earthquake shakes southern Mexico
Women losing coverage under Obamacare, too
Topic - Timothy J. Mayopoulos
"I think there is a risk policymakers might look at our profitability and conclude they don't need to take action with respect to housing finance reform," said Fannie Mae Chief Executive Timothy J. Mayopoulos in announcing the quarterly profits. "I think that would be a mistake."
"Our financial results improved significantly in 2012 and we expect our earnings to remain strong over the next few years," Timothy J. Mayopoulos, Fannie Mae's president and CEO, said. "We have taken a number of actions since 2009 to manage our legacy book of business, build a healthy new book of business with responsible underwriting standards, price appropriately for risk, and reduce uncertainty."