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 18, 2011
(Reuters) – The California attorney general’s office has sent subpoenas to Fannie Ma e and Freddie Mac in a wide-reaching probe into the government-backed mortgage giants’ lending and foreclosure practices, the Los Angeles Times reported Thursday.
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 30, 2011
WASHINGTON (Reuters) – Fannie Mae’s and Freddie Mac’s regulator on Saturday rejected criticism he was obstructing a housing recovery by taking too narrow a view of his mission to protect the financial health of the two massive, taxpayer-supported mortgage firms.
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.
