Freddie - Latest Popular Stories, Instablogs Community

2 firms selected for mortgage securities program

AP — Fri, 03 Oct 2008 21:57:03 +0000

The Treasury Department has picked two financial institutions to manage a program it unveiled last month to provide support for beleaguered mortgage-backed securities.

Fannie, Freddie disclose subpoenas, investigations

AP — Mon, 29 Sep 2008 14:20:52 +0000

A federal grand jury is investigating accounting and disclosure issues at Fannie Mae and Freddie Mac, the mortgage finance companies said Monday.

Housing giant dropped meeting with McCain adviser

AP — Sat, 27 Sep 2008 16:53:13 +0000

Last March, a consultant to Freddie Mac arranged a meeting between the top economist in John McCain’s campaign and Hollis S. McLoughlin, a prominent Republican and top executive at the failing housing giant that is central to the nation’s credit crisis.

Source: Freddie Mac paid McCain aide's firm

AP — Wed, 24 Sep 2008 07:17:00 +0000

Almost up until the time it was taken over by the government in the nation’s financial crisis, one of two housing giants paid $15,000 a month to the lobbying firm of John McCain’s campaign manager, a person familiar with the financial...

Freddie Mac paid 15K a month to McCain aide's firm

AP — Wed, 24 Sep 2008 03:03:45 +0000

The lobbying firm of John McCain’s campaign manager was paid $15,000 a month for several years until last month by one of two housing companies taken over by the federal government, a person familiar with the financial arrangement said...

Paulson: Fannie, Freddie to buy more mortgages

AP — Fri, 19 Sep 2008 14:15:59 +0000

Treasury Secretary Henry Paulson says mortgage giants Fannie Mae and Freddie Mac will step up their purchases of mortgage-backed securities to help provide support to the crippled housing...

Freddie Mac and Fannie Mae PACs on Capitol Hill

AP — Fri, 19 Sep 2008 09:18:07 +0000

Highest congressional career totals for contributions from PACs tied to Freddie Mac and Fannie Mae:

Applications to refinance home mortgages surge

AP — Wed, 17 Sep 2008 20:32:45 +0000

Homeowners rushed to take advantage of last week’s drop in interest rates following the government’s takeover of Fannie Mae and Freddie Mac, but rates are rising again on investor fears over the eroding conditions in financial...

Senators Ask Fannie, Freddie to Freeze Foreclosures

Justin — Fri, 12 Sep 2008 00:53:45 +0000

U.S. Senate Banking Committee members urged Fannie Mae and Freddie Mac, the mortgage companies placed under federal control this week, to freeze foreclosures on loans in their portfolios for at least 90...

Democrats call for foreclosure freeze

AP — Thu, 11 Sep 2008 17:13:09 +0000

Senate Democrats are urging Fannie Mae and Freddie Mac to immediately freeze foreclosures on mortgages they hold.