Search for Federal Home Loan Mortgage Corp and
    1. July 2, 2015

      RBS faces $13bn bill, says court filing

      Royal Bank of Scotland faces a $13bn bill to resolve claims it misled purchasers of mortgage-backed securities and may...

    2. June 29, 2015

      Funds appeal over Fannie and Freddie

      Perry Capital and Fairholme Funds on Monday fired their latest salvo in a battle with the US government over Fannie Mae...

    1. June 16, 2015

      The moral of AIG: first pay the lawyers

      The AIG case has one clear winner — US lawyers charging well-heeled clients big bucks to argue over the federal...

    2. June 16, 2015

      Greenberg’s AIG victory raises stakes in Fannie and Freddie case

      Hank Greenberg’s victory against the US government over the terms it extracted for the AIG bailout has cheered...

    3. May 31, 2015

      Shadow banks grab record US loans share

      Non-bank lenders have overtaken US banks to grab a record slice of government-backed mortgages, after regulatory curbs...

    4. May 11, 2015

      Court finds Nomura and RBS misled investors

      A US judge ruled that Nomura and Royal Bank of Scotland had misled investors in mortgage-backed securities, the first...

    5. April 24, 2015

      The heavy hand of US market intervention

      The US’s free markets are being distorted by the government, which is riding roughshod over investors. That is the...

    6. April 23, 2015

      BofA appeals $1.3bn ‘Hustle’ toxic loan penalty

      Bank of America has appealed against a $1.3bn penalty for selling toxic home loans, arguing that the court prevented it...

    7. April 10, 2015

      Nomura and RBS accused of ‘deceit’ in mortgage securities trial

      Nomura and Royal Bank of Scotland were accused of “incompetence” and “deceit” in packaging toxic mortgages into...

    8. February 25, 2015

      Morgan Stanley pays $2.6bn to settle mortgage claims

      Morgan Stanley has reached a $2.6bn settlement with the US Department of Justice, drawing a line under claims that it...

    9. November 10, 2014

      Bets gone awry push John Paulson event-driven fund to loss

      John Paulson’s $3bn event-driven hedge fund swung to a 14 per cent loss last month as the investor known for making...

    10. October 15, 2014

      Hedge funds face their worst year since 2011

      Hedge funds are on course for their worst year since 2011, as several of their biggest and most popular trades turned...

    11. October 7, 2014

      Fannie and Freddie investors turn to the ‘people’s court’

      A US court better known for hearing tax refund complaints has become the preferred venue for shareholder lawsuits...

    12. October 3, 2014

      There will be a price to pay for banker-bashing

      Politicians live for today. If the public demands a pound of flesh, they’ll get them five. They’ll create straw men and...

    13. October 2, 2014

      The one-way bet on US housing finance is in the balance

      When in 2008 Fannie Mae and Freddie Mac were rescued with $187.5bn of US taxpayer money, it was the biggest single...

    14. October 1, 2014

      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...

    15. October 1, 2014

      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...

    16. 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...

    17. 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...

    18. 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...

    19. 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...

    20. 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...

    21. 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...

    22. 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...

    23. 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...

    24. 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...

    25. 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...

    26. 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...

    27. 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...

    28. 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...

    29. 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...

    30. 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...

    31. 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...

    32. 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...

    33. 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...

    34. 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...

    35. 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...

    36. 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...

    37. 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...

    38. 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...

    Search for Federal Home Loan Mortgage Corp and