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 ...
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 ...
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 ...
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, 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, 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.
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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 ...




