- Marco Rubio: U.S. at social, moral crossroads
- ‘We’re coming for you, Barack Obama’: Top U.S. official discloses threat from ISIL
- White flags baffle NYPD: ‘We’re lucky it wasn’t a bomb’
- N.Y. Gov. Cuomo’s office interfered with, pressured corruption commission: report
- Brit lawmaker: I would fire on Israel if I lived in Gaza
- VA apologizes to forgotten Marine veteran locked in Fla. clinic, forced to call 911
- U.S. social and economic trends on worrisome track, survey finds
- McDonald nomination unanimously referred to full Senate
- Chuck Norris honorary chairman of NRA voter registration campaign
- GOP outraged Obamacare investigators able to get coverage with fake IDs
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."