Fannie Mae

Financial Roadmap: The Week Ahead September 7 to 13, 2008

tom-hanna.org     3 hrs ago          

This week will be a long one for investors, a full seven day week. The most important event of the week is expected sometime Sunday when the Treasury will formally announce a conservatorship for mortgage giants Fannie...                    

Fannie & Freddie: A History of Public Aid During Crises

hnn.us     1 hr ago          

Source: NYT (9-6-08)Despite decades of free-market rhetoric from Republican and Democratic lawmakers, Washington has a long history of providing financial help to the private sector when the economic or political risk...                    

Bush Administration Adopts Socialism

robertlindsay.blogspot.com     1 hr ago          

The government just seized control of Freddie Mac and Fannie Mae. I guess some on the Left might be complaining about this. Surely there will be squeals on the Libertarian Right, but that's to be expected.I'm not that...                    

US GSE bailout necessary step to calm market -HKMA (at Reuters)

yahoo.com     51 mins ago          

By Tamora Vidaillet BASEL, Sept 7 (Reuters) - Hong Kong welcomes moves by the U.S. government to seize control of mortgage finance firms Fannie Mae (FNM.N: ) as this should stabilise the stressed market, its central bank...                    

Statement of Roger W. Ferguson, Jr., TIAA-CREF's President and CEO, on the Appointment of Herb...

ad-hoc-news.de     2 hrs ago          

Statement of Roger W. Ferguson, Jr., TIAA-CREF's President and CEO, on the Appointment of Herb Allison as CEO of Fannie Mae Statement of Roger W. Ferguson, Jr., TIAA-CREF's President and CEO, on the Appointment of Herb...                    

U.S. plan for Fannie and Freddie to hit shareholders

tiscali.co.uk     18 hrs ago          

By John Poirier and Patrick Rucker WASHINGTON (Reuters) - The U.S. government plans to take over Fannie Mae and all shareholders of the two mortgage giants will take a hit, an influential lawmaker said on Saturday. The...                    

Share market tipped to make gains

news.com.au     15 hrs ago          

THE share market is expected to start the week higher, supported by financial stocks, after Wall Street shares finished mostly higher on Friday. Local resources stocks, however, are expected to come under pressure after...                    

Bank-linked funds lure money, losses

nwsource.com     20 hrs ago          

Funds that invest in banks and brokerages are luring the most money this year even as the shares they buy post their biggest declines in almost five decades because of mounting credit-market losses. Exchange-traded funds...                    

Mortgage giants were blind to housing risks

newsvine.com     23 hrs ago          

News Type: Event — Seeded on Sat Sep 6, 2008 7:17 PM EDT Mortgage giants Fannie Mae and Freddie Mac - despite their robust cadre of economists and mortgage experts - failed to heed warnings that the housing bubble would...                    

Risky mortgages threaten to keep housing market down

freep.com     17 hrs ago          

The nation's housing market, already awash in subprime foreclosures, is now getting hit with a second wave of losses as homeowners with so-called liar loans default in record numbers. In some parts of the country, the...