Posted by Reuters: Business News on January 10, 2012
WASHINGTON (Reuters) – Fannie Mae Chief Executive Michael Williams said on Tuesday he was stepping down from the government-controlled mortgage firm, which is at the center of a fight over how to reduce foreclosures.
Posted by Reuters: Business News on
WASHINGTON (Reuters) – Fannie Mae’s Chief Executive Michael Williams will step down after a successor is named, the mortgage financing company said on Tuesday.
Posted by Reuters: Business News on December 21, 2011
(Reuters) – Daniel Mudd, the embattled former chief executive of mortgage financing company Fannie Mae, is taking a leave of absence from him current job as head of hedge fund Fortress Investment Group , the company said on Wednesday.
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.
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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 November 9, 2011
WASHINGTON (Reuters) – Fannie Mae, the biggest source of money for U.S. home loans, on Tuesday said it needed a further $7.8 billion in federal aid to stay afloat as a shaky housing market widened its third-quarter loss to $5.1 billion.
Posted by Reuters: Business News on November 8, 2011
WASHINGTON (Reuters) – Fannie Mae , the biggest source of money for U.S. home loans, on Tuesday reported a $5.1 billion third-quarter loss and said it would seek $7.8 billion in additional federal aid to stay afloat.
