Search for Federal Home Loan Mortgage Corp and
  1. 13 hours ago

    Fannie and Freddie sold off as suit fails

    Shares of Fannie Mae and Freddie Mac sank 60 per cent on Wednesday after Bruce Berkowitz’s Fairholme Funds lost a lawsuit...

  2. 13 hours ago

    Fannie/Freddie: no Argentine bond

    All the chutzpah you want. But the funds trying to sue the US government for damages over the bailout terms that saved the...

  1. September 28, 2014

    Big names on Wall St prepare for AIG trial

    Hank Greenberg’s lawsuit against the US government over its bailout of insurer AIG is due to begin on Monday, and is tying...

  2. September 22, 2014

    US tries to revive mortgage bond market

    The US Treasury has called banks and investors to meetings in an attempt to create a large-sized mortgage bond in a new...

  3. August 26, 2014

    Wells Fargo: put-back pass back

    Wells Fargo wants to issue more mortgages to customers with weak credit. At the same time, the bank’s chief executive argues...

  4. August 15, 2014

    Ackman plans second suit against US over Fannie and Freddie bailout

    Bill Ackman, the activist hedge fund manager, is planning his second lawsuit in two days against the US government over the...

  5. August 7, 2014

    Fannie and Freddie deliver $5.6bn payback

    Mortgage finance groups Fannie Mae and Freddie Mac reported solid earnings in the second quarter that will allow them to pay...

  6. July 30, 2014

    BofA ordered to pay $1.3bn in ‘Hustle’ case

    Bank of America was ordered to pay $1.3bn by a judge on Wednesday for a “brazen fraud” in which bank staff sold toxic...

  7. July 22, 2014

    Dodd-Frank has made banks safer but slowed economy, data show

    Four years after the Dodd-Frank financial reform bill was signed, US banks are more stable and better capitalised. But this...

  8. July 11, 2014

    US mortgage insurers fall on FHFA plans

    Mortgage insurers fell sharply on Friday after the Federal Housing Finance Agency proposed new rules to tighten standards on...

  9. July 6, 2014

    Washington fights disclosure in Fannie-Freddie mortgage suit

    The US government claims it should not have to disclose internal documents as part of a lawsuit involving mortgage finance...

  10. June 25, 2014

    Fannie and Freddie urged to sue over insurance

    WASHINGTON, June 25 – A US housing regulator should consider directing government-controlled mortgage finance groups Fannie...

  11. June 3, 2014

    Icahn buys $50m of Fannie-Freddie stock

    Carl Icahn has emerged as the latest billionaire investor to bet on potential reforms of the government-run mortgage giants...

  12. May 15, 2014

    Fannie Mae and Freddie Mac wind-down bill advances

    The Senate banking committee on Thursday approved a bill to eventually eliminate Fannie Mae and Freddie Mac, the US mortgage...

  13. May 13, 2014

    Fannie case papers spark anger

    The US government is being accused of refusing to hand over documents and emails relating to mortgage finance companies...

  14. May 11, 2014

    Hedge fund titans are testing the quality of US democracy

    John Paulson made his fortune by taking a massive short position against the US housing bubble. Today the hedge fund...

  15. May 8, 2014

    Fannie and Freddie to pay out $10bn

    Mortgage finance companies Fannie Mae and Freddie Mac will pay more than $10bn in dividends to the US Treasury to boost...

  16. May 6, 2014

    Einhorn turns his fire on Athenahealth

    A company run by a cousin of former President George W Bush has become the latest target of the famed shortseller David...

  17. April 28, 2014

    Fannie Mae and Freddie Mac wind-down bill faces test

    The intense lobbying by opponents of a bill to wind down US mortgage finance companies Fannie Mae and Freddie Mac appears to...

  18. April 24, 2014

    American state-backed mortgages are a $5tn millstone

    In the past five years western finance has generated plenty of eye-popping statistics. For my money, though, one of the most...

  19. April 20, 2014

    A pragmatic plan to free the mortgage market from Washington

    Since the collapse of Fannie Mae and Freddie Mac, American housing finance has essentially become a nationalised industry....

  20. April 9, 2014

    Fight over Fannie and Freddie’s profits intensifies

    The debate over the future of Fannie Mae and Freddie Mac is creating strange bedfellows, with consumer advocate Ralph Nader...

  21. April 7, 2014

    Pressure grows for Fannie Mae and Freddie Mac wind-down

    An organisation committed to winding down mortgage finance groups Fannie Mae and Freddie Mac launched on Monday with a call...

  22. March 27, 2014

    Democrats to propose wind-down of US mortgage giants

    A leading Democrat in the US House of Representatives is expected on Thursday to propose a bill to wind down mortgage...

  23. March 26, 2014

    BofA in $9.5bn settlement with regulator

    Bank of America agreed on Wednesday to a $9.5bn settlement with a US housing regulator, as its former chief executive agreed...

  24. March 21, 2014

    Credit Suisse to pay $885m to settle mis-selling allegations

    Credit Suisse will pay $885m in the US to settle allegations that it mis-sold mortgage-backed securities, in an agreement...

  25. March 20, 2014

    US debates fiscal impact of Fannie and Freddie

    The intensifying focus on what to do with Fannie Mae and Freddie Mac is highlighting a fundamental question about the...

  26. March 12, 2014

    US Congress dealmakers key to housing reform

    Housing finance reform has been one area in which Republicans and Democrats have been able to work together, raising hopes...

  27. March 12, 2014

    Large investors unfazed by Fannie-Freddie wind-down plan

    When leaders of the Senate Banking Committee released a plan on Tuesday that would eventually eliminate Fannie Mae and...

  28. March 11, 2014

    Fannie and Freddie shares plunge on Senate bill

    Shares of Fannie Mae and Freddie Mac plunged on Tuesday after Senate leaders released a bipartisan plan to unwind the US...

  29. February 27, 2014

    BofA fights attempt to raise ‘hustle’ fine

    Bank of America hit out at the US government’s request to more than double the penalty it is seeking from the bank in a case...

  30. February 27, 2014

    Freddie Mac posts record net income of $48.7bn

    US mortgage financier Freddie Mac on Thursday reported record net income of $48.7bn for 2013, bolstering solid returns to...

  31. February 21, 2014

    Fannie Mae reports $84bn in net income

    US mortgage finance giant Fannie Mae on Friday reported net income of $84bn for 2013 and said it was close to making...

  32. January 22, 2014

    Treasury ‘firmly committed’ to reform of Fannie and Freddie

    The US Treasury is fully committed to reforming the housing market, with an official taking a firm stand against allowing...

  33. January 16, 2014

    New plan to wind down Fannie and Freddie

    A group of Democratic congressmen on Thursday unveiled their plan to wind down US mortgage finance giants Fannie Mae and...

  34. FT Alphaville

    January 15, 2014

    Nigerian Fannie

    Nigeria intends to set up a mortgage finance company along the lines of the US agency Fannie Mae, according to Bloomberg,...

  35. FT Alphaville

    January 8, 2014

    The Closer

    FURTHER FURTHER READING - Brad Plumer on the US oil-export ban. - How the NSA almost killed the Internet. - The dark side of...

  36. January 8, 2014

    US senators push for Fannie and Freddie wind-down

    US senators Bob Corker and Mark Warner on Wednesday made another push for their legislation to wind down Fannie Mae and...

  37. January 2, 2014

    Fannie/Freddie: price and principle

    It is easy to have principles in the abstract. The test comes when those principles have unpleasant repercussions. One...

  38. FT Alphaville

    December 13, 2013

    Friday banks chart, Italian-American edition

    OK, one country can print in its own currency, while the other can’t. There is also no suggestion of an intimate circle of...

Search for Federal Home Loan Mortgage Corp and