Fannie Mae and Freddie Mac

House Panel Swiftly Moves to Stop Fannie-Freddie Bonuses

The House Financial Services Committee voted 52-4 to suspend $12.8 million in bonuses to executives of government-controlled Fannie Mae and Freddie Mac in a bipartisan outcry aimed at the two bailed-out mortgage-financing ...
FHFA Acting Administrator Edward DeMarco

Fannie, Freddie Regulator Says Bonuses Needed to Keep Top Talent

Responding to a bipartisan attack on his proposed $12.8 million bonus package for executives at Fannie Mae and Freddie Mac, the regulator of the two financing giants said the bonuses are necessary to keep the caliber ...
Fannie-Freddie

Lawmakers: Stop $12.79M Bonuses to Execs at Bailed-out Fannie, Freddie

Lawmakers from both parties are seeking to stop $12.79 million in bonuses to 10 executives at Fannie Mae and Freddie Mac, the two mortgage-financing giants that have drawn nearly $170 billion in taxpayer bailouts ...
FHFA Acting Administrator Edward DeMarco

Fannie, Freddie Regulator: Principal Forgiveness Not Our Mandate

The regulator over Fannie Mae and Freddie Mac said principal forgiveness for desperate borrowers, many of whom face foreclosure, would not “accomplish” his mandate to protect all taxpayers who are still bailing ...
Fannie Mae and Freddie Mac

Fannie, Freddie’s Still-Huge Bailout Bill Reduced by Regulator

The regulator of Fannie Mae and Freddie Mac has reduced its taxpayer bailout projection for the two mortgage-financing giants by 17 percent, leaving the worse-case scenario at a still-staggering $311 billion through ...
Fannie Mae and Freddie Mac

Fannie, Freddie Lift 125% LTV Cap to Help ‘Underwater’ Homeowners

The regulator of the two mortgage-financing giants, Fannie Mae and Freddie Mac, said today it has expanded its refinancing assistance to “underwater” homeowners by removing the current 125 percent loan-to-value ...

Taxpayer Tab on Fannie, Freddie Could Hit $363 Billion: Regulator

The two mortgage financing giants under U.S. government control – Fannie Mae and Freddie Mac – could require a total of $363 billion in bailout funds by the end of 2013, a 145 percent jump from the current bailout ...

Regulator: Fannie, Freddie Bailout to ‘Remain Under $400 Billion’

The total cost of supporting mortgage financing giants Fannie Mae and Freddie Mac, already propped up by $148 billion in taxpayer funds, should “remain under $400 billion,” said the acting chief regulator over ...

Fannie/Freddie Bailout Tally Up to $148 Billion

Freddie Mac, the smaller of the two mortgage funding providers under government control, is asking the U.S. Treasury for another $1.8 billion after reporting a $6 billion loss for the second quarter of 2010. Like ...

Fannie Mae’s Loss for Q2 at $3.1B; Seeks $1.5B from Treasury

Fannie Mae, the largest mortgage financing company, reported its smallest quarterly net loss in the second quarter since its U.S. takeover, requiring an infusion of $1.5 billion from its Treasury bailout program. That’s significantly ...
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