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Feb 15 (Reuters) - Fannie Mae, the largest U.S. home funding source, said on Wednesday it sold $1.0 billion of benchmark bills at higher interest rates compared with last week's sales of similar maturities. Fannie Mae sold $500 million of three-month bil
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The Tea Party isn’t dead. It’s just looking down ballot. While fiscal conservatives remain split over the GOP presidential candidates, grass-roots activists are coalescing around a slate of limited-government candidates looking to reinforce and reenergiz
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FILE - In this Feb. 10, 2012 file photo, Republican presidential candidate Mitt Romney speaks in Portland, Maine. Romney accepted nearly $280,000 in contributions raised by a former lobbyist for Fannie Mae, despite the GOP candidate's blistering... View Photo »
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For the past six months, one consumer survey after another has tracked increasingly negative expectations about home prices in the year to come while some expert forecasts were more positive ... Fannie Mae's December National Housing Survey found that Americans expect home prices to turn the corner.
SOURCE: Deseret News -
ONTARIO -- Iraq War veteran Juan Real was among hundreds of Southern Californians who gathered at the Ontario Convention Center Tuesday in an attempt to get relief on their mortgage payments. Wells Fargo convened a home preservation workshop at the conve
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You can love or you can hate the recent $25-billion federal-state mortgage foreclosure settlement, but there's no getting around one simple fact: There's a huge, gaping hole right in the middle of it. The hole is that if your home loan has been bought fr
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Good news for homeowners often spells bad times for home mortgage REITs, and several Joe Public victories lately threaten those 13%-to-20% dividend yields that mortgage REIT investors have grown to love. Are the risks so big now that investors should snu
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US Treasury Secretary Timothy Geithner speaks during a press conference at the Treasury building on February 2, 2012 in Washington, DC. Geithner spoke about financial reform in 2012, saying more details are to come in the spring on the efforts by the... View Photo »
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The fact that Fannie Mae was planning on foreclosing on a home on today of all days - it's selfish ... We can't have passive energy about this. We need to educate our youth.
SOURCE: GazetteNet | Northampton, MA -
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The Left’s financial crisis narrative lies behind Obama’s new tax proposal
The American | American Enterprise Institute
If there was ever any doubt that the causes of the financial crisis are still a relevant issue, it has been erased by the president’s budget and his call for new assessments on banks and other financial institutions. The budget contains a “financial cris
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Club for Growth President Chris Chocola: “After thirty-six years in Washington, it’s time to send Richard Lugar home.” Washington, DC – The Club for Growth PAC today announced that it is endorsing Richard Mourdock for United States Senate in Indiana. The
About Fannie Mae
Wikipedia
The Federal National Mortgage Association (FNMA) (NYSE: FNM), commonly known as Fannie Mae, is a government sponsored enterprise (GSE) of the United States government. As a GSE, it is a shareholder-owned corporation authorized to make loans and loan guarantees. It is not backed or funded by the U.S. government, nor do the securities it issues... Full Article
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WASHINGTON, DC - DECEMBER 01: Fannie Mae President and CEO Michael Williams testifies before the House Financial Services Committee's Oversight and Investigations Subcommittee December 1, 2011 in Washington, DC. The CEOs testified to the subcommittee about oversight of the Federal...
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WASHINGTON, DC - NOVEMBER 16: Michael Williams, president and CEO of Fannie Mae, participates in a House Oversight and Government Reform Committee hearing on Capitol Hill, on November 16, 2011 in Washington, DC. The committee is hearing testimony on whether Fannie Mae and Freddie Mac...
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WASHINGTON, DC - NOVEMBER 16: Michael Williams, president and CEO of Fannie Mae, looks at a monitor that reads 'Fannie and Freddie Still Owe Taxpayers $141 Billion', during a House Oversight and Government Reform Committee hearing on Capitol Hill, on November 16, 2011 in Washington, DC.
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WASHINGTON, DC - NOVEMBER 16: (L-R) Michael Williams, president and CEO of Fannie Mae, and Charles 'Ed' Haldeman Jr. , president and CEO of Freddie Mac participate in a House Oversight and Government Reform Committee hearing on Capitol Hill, on November 16, 2011 in Washington, DC. The...
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WASHINGTON, DC - NOVEMBER 09: Fannie Mae's headquarters in the nation's capital are seen November 9, 2011 in Washington, DC. Citing the rise in defaults on loans it has guranteed, the government-controlled mortgage giant is asking the federal government for $7.8 billion in aid to...
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US Treasury Secretary Timothy Geithner speaks during a press conference at the Treasury building on February 2, 2012 in Washington, DC. Geithner spoke about financial reform in 2012, saying more details are to come in the spring on the efforts by the administration of US President...
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AP Photo
The Fannie Mae headquarters is seen in Washington, Monday, Aug. 8, 2011. Standard & Poor's Ratings Services on Monday downgraded the credit ratings of mortgage lenders Fannie Mae and Freddie Mac and other agencies linked to long-term U.S. debt.
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WASHINGTON, DC - DECEMBER 16: Robert Khuzami (2nd R), Director of the U.S. Securities and Exchange Commission's (SEC) Enforcement Division, announces that the SEC has charged six former top executives of Fannie Mae and Freddie Mac with securities fraud, alleging they approved of...
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Getty Images
WASHINGTON, DC - DECEMBER 01: (L-R) Freddie Mac CEO Charles Haldeman Jr. , Federal Housing Finance Agency Acting Director Edward DeMarco and Fannie Mae President and CEO Michael Williams testify before the House Financial Services Committee's Oversight and Investigations Subcommittee...
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WASHINGTON, DC - DECEMBER 01: Federal Housing Finance Agency Acting Director Edward DeMarco (L) talks with Fannie Mae CEO Michael Williams before testifying before the House Financial Services Committee's Oversight and Investigations Subcommittee December 1, 2011 in Washington, DC. ...
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AP Photo
A financing available by Fannie Mae sign is posted on a foreclosed property offered for sale Tuesday, May 31, 2011, in the Los Angeles. Home prices fell nationwide for the eighth straight month, according to the Standard & Poor's/Case-Shiller 20-city index released Tuesday. Home prices...
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AP Photo
House Capital Markets and Government Sponsored Enterprises subcommittee Chairman Rep. Scott Garrett, R-N.J. , the subcommittee overseeing Fannie Mae and Freddie Mac, talks about his proposals to restructure the market for buying and selling mortgage loans, known as the secondary mortgage...
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WASHINGTON - MARCH 31: Sen. Orrin Hatch (R-UT) speaks at a news conference on Fannie Mae and Freddie Mac in the U.S. Capitol on March 31, 2011 in Washington, DC. The news conference introduced legislation that would end federal conservatorship of the government mortgage institutions.
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WASHINGTON - MARCH 31: Rep. Jeb Hensarling (R-TX) (R) listens during a news conference on Fannie Mae and Freddie Mac in the U.S. Capitol on March 31, 2011 in Washington, DC. The news conference introduced legislation that would end federal conservatorship of the government mortgage...
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Reuters Pictures
The headquarters of mortgage lender Fannie Mae is pictured in Washington in this September 8, 2008 file photo. Fannie Mae was warned in a 2006 internal report of abuses in the way lenders and their law firms handled foreclosures, The Wall Street Journal reported on March 24, 2011.
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Reuters Pictures
A sign in front of the Fannie Mae headquarters is photographed in Washington in this February 11, 2011 file photo. Fannie Mae was warned in a 2006 internal report of abuses in the way lenders and their law firms handled foreclosures, The Wall Street Journal reported on March 24, 2011.
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WASHINGTON, DC - MARCH 15: Former Fannie Mae Chairman and CEO Franklin Raines (R) attends a discussion with former Federal Reserve Bank Chairman Alan Greenspan at the Council of Foreign Relations on March 15, 2011 in Washington, DC. Fed chairman from 1987 to 2006, Greenspan discussed...
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Getty Images
This July 14, 2008 file photo shows a man as he walks by Fannie Mae headquarters in Washington, DC. Standard & Poor's downgraded mortgage giants Fannie Mae and Freddie Mac from triple-A to AA+ on August 8, 2011, citing their direct reliance on the US government, which it downgraded...
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Getty Images
WASHINGTON, DC - DECEMBER 01: Federal Housing Finance Agency Acting Director Edward DeMarco testifies before the House Financial Services Committee's Oversight and Investigations Subcommittee December 1, 2011 in Washington, DC. DeMarco and the CEOs of mortgage giants Fannie Mae and...
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Getty Images
WASHINGTON, DC - DECEMBER 01: Freddie Mac CEO Charles Haldeman Jr. testifies before the House Financial Services Committee's Oversight and Investigations Subcommittee December 1, 2011 in Washington, DC. The CEO testified to the subcommittee about oversight of the Federal Housing...
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Getty Images
WASHINGTON, DC - NOVEMBER 16: Charles Haldeman Jr. , president and CEO of Freddie Mac, speaks during a House Oversight and Government Reform Committee hearing on Capitol Hill, on November 16, 2011 in Washington, DC. The committee is hearing testimony on whether Fannie Mae and Freddie...
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WASHINGTON, DC - NOVEMBER 16: Chairman Darrell Issa (R-CA) participates in a House Oversight and Government Reform Committee hearing on Capitol Hill, on November 16, 2011 in Washington, DC. The committee is hearing testimony on whether Fannie Mae and Freddie Mac executives should be...
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National Peoples Action's Jordan Estevao, marching with the Freedom Plaza Occupation, Backbone Campaign & Economic Justice Allies, protests from a makeshift 'underwater home' November 10, 2011 to Demand Mortgage Correction in front of the Federal Housing Finance Administration (FHFA)...
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Getty Images
Demonstrators from the Freedom Plaza Occupation, Backbone Campaign & Economic Justice Allies protest November 10, 2011 to Demand Mortgage Correction in front of the Federal Housing Finance Administration (FHFA) in Washington, DC. Demonstrators are demanding that the FHFA force Fannie...
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Reuters Pictures
Charles "Ed" Haldeman Jr. , Chief Executive Officer of Freddie Mac, speaks at Boston College's Chief Executive's Club of Boston luncheon in Boston, Massachusetts October 26, 2011. Haldeman will step down by the end of the year, the regulator of the company said on Wednesday. The Federal...
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Getty Images
WASHINGTON, DC - DECEMBER 01: Fannie Mae President and CEO Michael Williams testifies before the House Financial Services Committee's Oversight and Investigations Subcommittee December 1, 2011 in Washington, DC. The CEOs testified to the subcommittee about oversight of the Federal...
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