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Blogs about:  Fannie Mae
... that donated campaign cash to top Democrats. And one of Fannie Mae's main defenders in the House – Rep. ... Mae executive. [...] Frank was and remains a stalwart defender of Fannie Mae, which is now under FBI investigation along with its sister organization Freddie ... . Moses was the assistant director for product initiatives at Fannie Mae and had been at the forefront of relaxing lending restrictions at ...
... Exchange Company. It operates pursuant to a federal charter. Fannie Mae has pledged through its American Dream Commitment to ... private sector/GSE mission statement.Freddie and Fannie CEO's appear to have tried to bring subprime property under governemnt control ... government seizure was to protect taxpayers not to perpetuate or continue Fannie and Freddie's mission statement.We deserve an explanation as ...
related tags: fannie mae, frank, Sarah Palin
... congressional support after their accounting scandals in 2003 and 2004, Fannie Mae and Freddie Mac committed to increased ... champions of affordable housing appears to have worked. Fannie and Freddie retained the support of many in Congress, particularly Democrats, ... growth in the subprime and Alt-A loan portfolios of Fannie and Freddie could not have occurred, and the scale of the financial meltdown ...
... :In 2000, then-Rep. Richard Baker proposed a bill to reform Fannie and Freddie's oversight. Mr. Frank dismissed the idea, saying concerns about ... was "no federal liability there whatsoever."Two years later, Mr. Frank was at it again. "I do not regard Fannie Mae and Freddie Mac as problems," he said in response to another reform push. And then: "I regard them as great assets." Great or not, we'll give ...
... news is certain clients might be able to recover some, or all, of their investment losses in Fannie Mae and Freddie Mac preferred stocks ... decline by corporate bonds. Of course, these are just averages. As is clear from the Fannie and Freddie Mac, the drops can be dramatically greater ... arbitration lawsuits who recommended the preferred stocks of Fannie Mae and Freddie Mac. Our targets are the brokerage ...
... Obama-related executives earned millions in compensation from Fannie Mae."For years I have been concerned about the regulatory structure that ... of mortgages. The riskiest loans held by Freddie and Fannie are known as "Alt-A" and sub-prime mortgages, worth about $780 billion ... two mortgage giants. Over the past four quarters, Freddie and Fannie have suffered losses of about $14 billion, as the mortgage ...