Fannie Mae News on Daylife

Obama's policies risk another Depression

Fri, 11 Dec 2009 06:13:10 GMT

Light at the end of the tunnel or an oncoming train wreck? In the panic following the insolvency of Fannie Mae, Freddie Mac and Lehman Brothers in September 2008, the American taxpayer was stampeded into bailing out AIG and Wall Street.
Source: Detroit News Online

Realty Q&A: Why many home-price measures may be misleading

Fri, 11 Dec 2009 05:19:24 GMT

WASHINGTON (MarketWatch) -- Question: I have noticed that some reports regarding housing prices reference "average" pricing while others refer to "median" pricing. Are both average and median considered roughly equally reliable measures of value?
Source: MarketWatch

Andrew Cuomo and the Incredible Industry-Wide Mortgage Fraud Investigation

Fri, 11 Dec 2009 02:37:03 GMT

In early December, after days of deliberation, an Albany jury delivered corruption convictions to Joseph L. Bruno, New York State’s former Senate majority leader.
Source: Blogger News

Low-Down Loans Aid Lean Condo Market

Thu, 10 Dec 2009 23:29:00 GMT

Easy condominium buying may be back, at least temporarily. For would-be purchasers without much cash, many condos had become untouchable especially newly built ones.
Source: Investor's Business Daily

Preferred Stock Losses: You Have Options

Thu, 10 Dec 2009 20:47:58 GMT

FNM), Freddie Mac (FRE), Lehman Brothers, and other fiscally troubled companies have cost investors dearly over the past two years.
Source: iStockAnalyst

Fed's Duke: tight credit still holding back housing

Thu, 10 Dec 2009 19:54:33 GMT

WASHINGTON - Lenders stung by the financial crisis are still holding back on extending credit, impeding a recovery in the housing market, Federal Reserve Governor Elizabeth Duke said on Thursday.
Source: International Business Times

Thy Brother's Lender

Thu, 10 Dec 2009 18:40:54 GMT

Despite all of Washington's efforts to bolster the U.S. banking system, one part remains alive today only by the grace of government intervention.
Source: Forbes

Savvy, unsavory Obamas celebrating coming of Obamacare by serving ACORN cookies at Christmas party

Thu, 10 Dec 2009 16:20:19 GMT

Michael Gaynor Now dangerous organizations ACORN, SEIU and La Raza have their man Obama pursing their radical agenda and the Obamas are celebrating by serving ACORN cookies in the White House, even though the unsavoriness of ACORN has become much more...
Source: Renew America

Quoted in 'Titanic Spending'

Mon, 07 Dec 2009 14:16:52 GMT

said in HumanEvents.com:

Almost half of the spending increase -- $245 billion -- resulted from outlays for the Troubled Asset Relief Program (TARP) and net payments to Fannie Mae and Freddie Mac.

Quoted in 'America's Most-Hated Investments? (On the Street)'

Fri, 04 Dec 2009 10:53:45 GMT

said in Smartmoney.com:

Fannie Mae (FNM) was an icon. Bank of America (BAC) was an icon. So a lot of these things were shoved into retirees’ accounts ... And it wasn’t necessarily a bad recommendation -- it wasn’t necessarily the mistake of buying Fannie Mae preferred. The mistake was not selling it when you’d lost 15% or 20%.

Photo from Getty Images by AFP/Getty Images

Fri, 08 May 2009 15:15:40 GMT

A view of Fannie Mae headquarters is seen in this July 14, 2008 file photo in Washington, DC.

Photo from Getty Images

Fri, 13 Feb 2009 00:00:00 GMT

WASHINGTON - FEBRUARY 13: Franklin Raines (C), former head of Fannie Mae, waits for an event in the East Room of the White House February 13, 2009 in Washington, DC. President Obama spoke to members of the Business Council about the U.S. economy.

Shocking Video Unearthed Democrats in their own words Covering up the Fannie Mae, Freddie Mac Scam that caused our Economic Crisis

Sat, 27 Sep 2008 00:39:42 GMT