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Federal Reserve Chairman Ben Bernanke told Congress Wednesday that troubled mortgage giants Fannie Mae and Freddie Mac are in “no danger of failing.”
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AP, Washington
The Bush administration lobbied skeptical lawmakers Wednesday to support a rescue plan for Fannie Mae and Freddie Mac, as lawmakers weighed how to protect taxpayers...
made popular Jul 16 2008
AP, Washington
Federal Reserve Chairman Ben Bernanke told Congress Wednesday that troubled mortgage giants Fannie Mae and Freddie Mac are in “no danger of failing.”
made popular Jul 16 2008
AP, Washington
House Democrats, moving to accomplish a top priority in exchange for quick approval of the Bush administration’s urgent rescue plan for Fannie Mae and Freddie...
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AP, Washington
President Bush said Tuesday the nation’s troubled financial system is “basically sound” and urged lawmakers to quickly enact legislation to prop up...
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AP,
Congress is pressing to complete a broad housing rescue package that includes a mortgage aid program for strapped homeowners, modernizes the Federal Housing...
made popular Jul 15 2008
AP, Washington
Congressional leaders as soon as next week plan to add a lifeline for troubled mortgage giants Fannie Mae and Freddie Mac to a housing bill aimed at saving up to...
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AP, New York
Shares of mortgage giants Fannie Mae and Freddie Mac tumbled again Tuesday as investors began to accept their holdings might be wiped out by a government rescue plan.
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We knew it could happen, even though they said it wouldn’t. The government is using our money again to haul private companies’ hindquarters out of the fire...
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AP, Washington
President Bush urged lawmakers on Tuesday to move quickly in putting into force legislation designed to help prop up mortgage giants Fannie Mae and Freddie Mac while...
made popular Jul 15 2008
AP, Washington
President Bush is calling on Congress to move quickly to put into force legislation designed to help prop up mortgage giants Fannie Mae and Freddie Mac.
made popular Jul 15 2008
AP, Hong Kong
Asian and European stock markets fell sharply Tuesday as investor confidence in the U.S. financial system eroded even further despite a government-backed plan to help...
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AP, Hong Kong
Asian stock markets fell sharply Tuesday as investor confidence in the U.S. financial system eroded even further despite a government-backed plan to help beleaguered...
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AP,
Questions and answers about Fannie Mae and Freddie Mac and their role in the mortgage market:
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AP, New York
Stocks declined Monday as investors worried that even a safety net set up over the weekend for mortgage financiers Fannie Mae and Freddie Mac couldn’t head off...
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Stocks turned mixed in early trading Monday as investors lost some of their initial enthusiasm over the government’s plans to shore up confidence in mortgage...
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Stocks are up sharply in early trading as investors show their relief about the government’s plans to shore up confidence in mortgage financiers Fannie Mae and...
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World markets were mixed Monday as investors took in news of U.S. government moves to prop up ailing mortgage financiers Fannie Mae and Freddie Mac.
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U.S. stocks headed for a sharply higher open Monday after the Federal Reserve and the Treasury Department outlined steps aimed at shoring up confidence in mortgage...
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Most Asian markets fell Monday as investors worried over the depth of U.S. credit and housing problems after the country’s central bank moved to prop up ailing...
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Mclean:
This July 13, 2008 file photo shows the Freddie Mac Corporate Office in McLean, Va. For years, mortgage giants Fannie Mae and Freddie Mac tenaciously worked to nurture, and then protect, their financial empires by invoking the political sacred cow of...
