Posted by Reuters: Business News on December 16, 2011
NEW YORK (Reuters) – Six former top executives at Fannie Mae and Freddie Mac were sued by U.S. regulators on charges of misleading investors about the mortgage finance companies’ exposure to risky home loans in the run-up to the 2008 financial crisis.
Posted by Reuters: Business News on
NEW YORK (Reuters) – Six former top executives at Fannie Mae and Freddie Mac were sued by U.S. regulators on charges of misleading investors about the mortgage finance companies’ exposure to risky home loans in the run-up to the 2008 financial crisis.
Posted by Reuters: Business News on
NEW YORK (Reuters) – Six former top executives at Fannie Mae and Freddie Mac were sued by regulators, who said they misled investors over the mortgage finance companies’ exposure to risky home loans in the lead-up to the 2008 financial crisis.
Posted by Reuters: Business News on
NEW YORK (Reuters) – U.S. securities regulators sued six former executives at Fannie Mae and Freddie Mac on Friday, including ex-CEOs of both mortgage finance companies, saying they misled investors over exposure to risky home loans.
Posted by Reuters: Business News on November 16, 2011
WASHINGTON (Reuters) – Fannie Mae and Freddie Mac , the largest sources of U.S. housing finance, both said on Tuesday they would relieve lenders from certain risks associated with refinanced loans in an effort to help a government program reach more distressed homeowners.
Posted by Reuters: Business News on October 21, 2011
WASHINGTON (Reuters) – The Obama administration and the regulator for Fannie Mae and Freddie Mac are expected to unveil new steps to help distressed homeowners in the next week or two, a senior congressional aide said on Thursday.
Posted by Reuters: Business News on September 9, 2011
WASHINGTON (Reuters) – Regulators are close to an agreement with Fannie Mae and Freddie Mac to settle a case over disclosing their exposure to risky subprime loans, The New York Times reported on Thursday.
Posted by Reuters: Business News on September 2, 2011
WASHINGTON (Reuters) – A U.S. regulator is filing lawsuits against major banks, accusing them of bundling subprime home loans into bonds that never should have been sold to investors, and causing mortgage giants Fannie Mae and Freddie Mac to lose billions, a source said.
Posted by Reuters: Business News on July 27, 2011
NEW YORK (Reuters) – The regulator for Fannie Mae and Freddie Mac sued UBS AG , accusing the Swiss bank of misleading the housing agencies into buying risky mortgage debt, resulting in more than $900 million of losses.
Posted by Reuters: Business News on April 1, 2011
(Reuters) – The heads of bailed-out mortgage finance giants Fannie Mae and Freddie Mac were paid fat salaries without proper written procedures or analysis, according to a report published by the Inspector General of the Federal Housing Finance Agency (FHFA-OIG).
