The Federal National Mortgage Association (FNMA) (NYSE: FNM), commonly known as Fannie Mae, is a stockholder-owned corporation chartered by Congress in 1968 as a government-sponsored enterprise (GSE), but founded in 1938 during the Great Depression. The corporation's purpose is to purchase and securitize mortgages in order to ensure that funds are consistently available to the institutions that lend money to home buyers. Read More
Fannie Mae reports profit, doesn’t need more funds
May 09 - MarketWatch
Profits let Fannie Mae cut government lifeline
May 09 - France24
Fannie Mae doesn't need new bailout funds
May 09 - CNN Money
Fannie Mae earned $2.7B in Q1, doesn't seek aid
May 09 - Politico
Fannie docs: Cuts to mortgages would help taxpayer
May 01 - MarketWatch
Real Estate Weekly: New short-sale policies on the way
Apr 20 - MarketWatch
FHFA chief talks down housing program he may adopt
Apr 10 - MarketWatch
Geithner says closer to Fannie, Freddie reform
Mar 28 - MarketWatch
Pay chopped at Fannie and Freddie
Mar 09 - CNN Money
Ghost of Fannie Mae haunts Canada's housing agency
Mar 09 - Financial Post
California AG seeks foreclosure suspension
Feb 27 - MarketWatch
BofA Squeezes Mortgage Pipeline to Fannie as Dispute Escalates
Feb 24 - Business Week
Bank of America Halts Routing New Mortgages to Fannie Mae
Feb 23 - Business Week
FHFA eyes investment firms for mortgage portfolio
Feb 21 - MarketWatch
Mortgage plan calls for single securities platform
Feb 21 - Financial Times
Gingrich Ties to Fannie, Freddie Said to Extend to Speaker Days
Feb 04 - Business Week
Fannie Mae Partners Seek Bulk Buys in Cities Headed for Recovery
Feb 02 - Business Week
U.S. Senate Adopts Measure to Ban Bonuses at Fannie, Freddie
Feb 02 - Business Week
Freddie Mac: A mess, and likely to stay that way
Jan 30 - CNN Money
Mudd resigns from Fortress board
Jan 25 - Financial Times
By Reuters
Wanted for the Treasury Department: a new boss who can fix trillion-dollar-plus budget deficits, overhaul the tax system and spur a reluctant Europe into fixing its debt crisis. (May 23)
MORE TOPICS: CHINA, BARACK OBAMA, FEDERAL RESERVE, BEN BERNANKE, GOLDMAN SACHS, JPMORGAN CHASE
By Reuters
The U.S. Securities and Exchange Commission was dealt a setback in its cases tied to the financial collapse when a federal judge dismissed large parts of its case against former executives at failed mortgage lender IndyMac Bancorp. (May 23)
MORE TOPICS: FREDDIE MAC, SEC, CALIFORNIA, COURT, LAWYER, LAWSUIT
By Reuters
Oliver Chang, head of U.S. housing strategy at Morgan Stanley, who has written more about foreclosed homes as an investment opportunity than any other Wall Street analyst, is leaving his firm to start his own buy-to-rent housing fund. (May 22)
MORE TOPICS: FREDDIE MAC, MORGAN STANLEY, FIXED-INCOME, MANAGEMENT, MORTGAGE, INVESTMENT
By Reuters
When Jennifer Anderson's family could no longer afford their mortgage and lost their home, she expected many years to pass before they would again become property owners. (May 16)
MORE TOPICS: FEDERAL RESERVE, FREDDIE MAC, BEN BERNANKE, ARIZONA, FORECLOSURES, MORTGAGE
By Reuters
TCW, a Los Angeles-based asset management firm, is looking to raise up to $250 million from investors for a fund that seeks to capitalize on the red-hot U.S. rental market for single-family homes. (May 15)
MORE TOPICS: FREDDIE MAC, BANK OF AMERICA, CALIFORNIA, FLORIDA, ARIZONA, PENNSYLVANIA
By Reuters
Freddie Mac <FMCC.OB>, the No. 2 provider of U.S. mortgage money, on Thursday named Donald Layton, the former chief executive of online brokerage E*Trade Financial Corp, as its next chief executive officer. (May 10)
MORE TOPICS: FREDDIE MAC, MORTGAGE
By IBTimes
U.S. 30-year fixed-rate mortgage rates hit a new record low in the week ending May 10, following lower Treasury bond yields and weaker economic data in April, mortgage financier Freddie Mac said Thursday. (May 10)
MORE TOPICS: UNEMPLOYMENT, FREDDIE MAC, MORTGAGE
By Comsec
The Australian share market lost ground for the second day in a row yesterday. The All Ordinaries Index (XAO) slumped by 44 points to 4, 332 points. (May 10)
MORE TOPICS: GOLD, UNEMPLOYMENT, DOW JONES, IMF, WESTPAC, TWITTER
By IBTimes
Freddie Mac, the second-largest mortgage guarantor, will announce the appointment of Donald Layton, former head of E*Trade Financial Corp., as a new CEO as early as Thursday, the Wall Street Journal said. (May 09)
MORE TOPICS: FREDDIE MAC, JPMORGAN CHASE, MORTGAGE, AIG, NYSE, CONGRESS
By IBTimes
Fannie Mae (OTC: FNMA), the government-controlled mortgage giant that was brought to its knees during the housing crisis, said Wednesday it had net income of $2.7 billion in the first quarter as home prices declined at a slower rate than in the previous quarter, and its book of business improved. (May 09)
MORE TOPICS: FREDDIE MAC, MORTGAGE
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