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GSEs    Stories 1 to 25 of 158  (click headline for the complete story)
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1:   (FORECLOSURES) Fannie Holding $28M In Bad Mortgages : One Oklahoma family's mortgage default has left Fannie Mae holding $28.7 million in bad mortgages and has left HUD with ownership of nine apartment buildings in the Tulsa area 08/27/2010 12:39 PM


2:   (FREDDIE MAC) Freddie Mac Wants More Bailout Cash : Following a $6 billion loss in the second quarter, mortgage giant Freddie Mac asks the Treasury Department for an additional $1.8 billion from its assured $200 billion bailout fund set aside under the department Senior Preferred Stock 08/13/2010 12:42 PM


3:   (HOMESAVER CUT) Fannie Mae Retires HomeSaver Advance : Fannie Mae's HomeSaver Advance program, the firm's foreclosure prevention alternative, will be pulled from use at the end of September. HAS, introduced in 2008, uses an unsecured 08/06/2010 10:30 AM


4:   (FANNIE, FREDDIE) Meetings, Trial Balloons On GSEs : Countering partisan heat for failure to include Fannie Mae and Freddie Mac in the massive financial reform legislation that became law in July, the Obama administration begins its political theater 07/30/2010 12:55 PM


5:   (SWEETHEART LOANS) 153 VIP Loans For Fannie Employees : An investigation by Rep. Darrell Issa finds that 153 employees at Fannie Mae received sweetheart mortgage loans from Countrywide Financial Corp.'s controversial VIP mortgage program. The survey 07/23/2010 12:48 PM


6:   (ENERGY EFFICIENCY) Energy Saving Program Demise Hit : California's attorney general sues GSEs Fannie Mae and Freddie Mac to halt their decision to kill a popular energy efficiency-financing program 07/16/2010 1:16 PM


7:   (fANNIE, fREDDIE) Fannie, Freddie Revamp Next Year : White House officials, in an attempt to deflect Republican criticism regarding the omission of Fannie Mae and Freddie Mac from the Wall Street reform legislation, say a reform effort will get underway 07/16/2010 1:03 PM


8:   (FANNIE, FREDDIE) GSEs' Delisting Signals Core Changes : A move by the Federal Housing Finance Agency to remove shares of Fannie Mae and Freddie Mac from the New York Stock Exchange and have them trade on an electronic bulletin board signals more 06/18/2010 12:50 PM


9:   (FREDDIE MAC) Freddie Mac Fights BoA Probe : Freddie Mac asks U.S. Bankruptcy Court in Jacksonville, FL to bar the Bank of America from investigating its business relationship with the failed Taylor, Bean & Whitaker Mortgage Corp., claiming it 06/18/2010 12:33 PM


10:   (LOW INCOME HOUSING) New GSE Rule For Underserved Markets : A proposed rule implementing provisions of the Housing & Economic Recovery Act of 2008 that would establish a duty for Fannie Mae and Freddie Mac to serve very low-, low- and moderate- 06/04/2010 12:28 PM


11:   (FANNIE, FREDDIE) Regulator: GSEs Will Fail Without Aid : Government-sponsored enterprises Fannie Mae and Freddie Mac would not be able to continue to infuse the mortgage market with cash, and continue to restore stability to it, without continued 05/28/2010 12:48 PM


12:   (FINANCE REFORM) Campaign To Stall GSE Reform Heated : Attempts by Republicans to include government-sponsored enterprises Fannie Mae and Freddie Mac, now government-owned, in a legislative effort to overhaul the financial industry are being 05/13/2010 4:04 PM


13:   (FANNIE MAE) Fannie Mae Wants $8 Billion More : Saying it expects its losses to continue, Fannie Mae asks the Treasury Dept. for $8.4 billion more from its $200 billion line-of-credit to keep pace with the increasing number of mortgage defaults 05/13/2010 3:59 PM


14:   (FANNIE, FREDDIE) GOP Outlines GSE Overhaul : A growing chorus of Republicans in both chambers calls for inclusion of government-sponsored enterprises Fannie Mae and Freddie Mac in any effort to overhaul the financial services industry. 05/07/2010 1:01 PM


15:   (GSE BAILOUT) Freddie Wants $10 Billion More : After hanging on for three quarters without tapping the Treasury Dept. for more bailout subsidies, Freddie Mac continues to bleed from bad investments and wants a $10.6 billion infusion to stay 05/07/2010 12:57 PM


16:   (REAL ESTATE) Fannie Mae Extends REO Incentives : Fannie Mae extends by two months its seller incentive program that offers 3.5% of the final sales price on its real-estate owned properties toward closing costs or the seller's choice of appliances. 04/30/2010 12:36 PM


17:   (FANNIE MAE) Window Opens On GSE Futures : If the Obama administration gets its way with Congress, Fannie Mae and Freddie Mac would continue to operate and would be supported by stronger government guarantees, Treasury Secy. Timothy 03/26/2010 1:15 PM


18:   (BAILOUT) Bernanke Sees Continued GSE Backing : Present Fannie Mae and Freddie Mac mortgage-backed securities likely will keep U.S. government backing if Congress creates a new system for home financing, Federal Reserve Chairman Ben 03/19/2010 12:28 PM


19:   (CONGRESS) Frank, White House GSE Clash : While the Obama administration deftly uses government-sponsored enterprises Fannie Mae and Freddie Mac to prop up its housing rescue plan, House Financial Services Chairman Barney Frank 03/05/2010 12:59 PM


20:   (DEFICIT) Fannie To Tap TARP For $15B : Fannie Mae, faced with increasing delinquencies in its mortgage portfolio, says it will have to tap the Troubled Assets Relief Program for another $15 billion bailout. The government-sponsored 03/05/2010 12:55 PM


21:   (BAILOUT) Freddie Mac Needs More Cash : With new accounting rules reducing its net worth, mortgage giant Freddie Mac says it may have to return to the Treasury Dept. for more bailout aid. The government-sponsored enterprise has drawn 02/26/2010 1:07 PM


22:   (CONGRESS) GOP Push For GSEs In Budget : Two key Republicans on the House Financial Services Committee are prodding Congress to end the traditional practice of excluding government-sponsored enterprises Fannie Mae and Freddie Mac 02/26/2010 12:51 PM


23:   (MORTGAGE FINANCE) GSEs To Buy Up Bad Loans : Considering it cheaper to own toxic mortgage-backed securities rather than pay investors interest on them, Fannie Mae and Freddie Mac decide to purchase about $200 billion of delinquent loans. The 02/12/2010 12:34 PM


24:   (BUDGET) Questions Over GSE Budget Omission : An Office of management & Budget decision to omit financial considerations regarding Fannie Mae and Freddie Mac from the FY 2011 budget proposal has several lawmakers balking at the 02/05/2010 11:05 AM


25:   (MORTGAGE FINANCE) New Financial Products Ban At GSEs : Citing massive financial losses at Fannie Mae and Freddie Mac, the regulator of the government-sponsored enterprises now under federal supervision bars the mortgage giants from introducing new 02/05/2010 10:51 AM


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