Fannie mae News
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Stocks plummet for federal mortgage giants Fannie Mae and Freddie Mac after the companies government regulator request they be delisted from the New York Stock Exchange (NYSE) on Wednesday.
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Washington -
After posting losses of more than $16 billion in the fourth quarter, Fannie Mae has requested $15.3 billion in additional funding from the United States Treasury.
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Fannie Mae, the U.S. mortgage buyer currently in the conservatorship of the Federal Housing Finance Agency (FHFA), has requested another $15 billion in state aid following a net loss of nearly $19 billion in the third quarter of the year.
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Following the announcement of a loss for the second quarter of the year, albeit a smaller one than in the first quarter, mortgage insurer Fannie Mae has asked for a further injection of funds from the U.S. Treasury to the tune of $10.7 billion.
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Despite the financial turmoil witnessed in the United States over the last year, two important Democratic lawmakers are asking Fannie Mae and Freddie Mac to ease lending laws.
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In the midst of the storm surrounding AIG execs getting huge bonuses after receiving billions of federal bailout dollars, it is being reported that both Fannie Mae and Freddie Mac executives will also be receiving their fair share of "retention awards."
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As the economy’s meltdown confuses politicians and economists, further stressing businesses and wage earners, the FBI has suddenly discovered a new path to career advancement.
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On their road to domination of Congress and The White House, the Democrats successfully and loudly accused the Republicans of selfishly engineering the current economic crisis. Today Democrats control the country. Now what?
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With the holiday season near, two of the nation’s mortgage giants have announced initiatives to decrease the stress on homeowners facing foreclosure and provide a means by which they can restructure their mortgages to prevent the loss of their homes.
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Wall Street gyrations have got investors worried. And as stocks drop, credit has tightened, making it more difficult for businesses to operate.
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Fannie mae Headlines
There's a 40-percent chance the United States will slip into another recession in 2012, according to Doug Duncan, chief economist for Fannie Mae, the taxpayer-owned mortgage giant.
Morning Business Memo Another big push to help troubled homeowners may be in the works. The acting director of the Federal Housing Finance Agency has softened his stand against allowing Fannie Mae and Freddie Mac to reduce mortgage debt for struggling borrowers. Edward DeMarco says...
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Fannie mae Blogs
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About K.R. Morrison K R Morrison lives in the Pacific Northwest, with her husband of 25 years, a small zoo, and the...
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A few weeks ago, a Facebook post circulated for a short amount of time that listed out the accomplishments of the Obama...
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Fascinating and depressing article in the February 24, 2012 issue of The Week magazine called "When Cold Kills - The...
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The political class has driven the financial viability of the nation's economy, democracy, and future to the edge of...
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After observing and analyzing the first three years of President Obama's time in office, I have come to the conclusion...
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