WASHINGTON, Sept. 8 (UPI) -- The U.S. government's takeover of Freddie Mac and Fannie Mae isn't a bailout, President George Bush said Monday, but a stabilization.
WASHINGTON, Sept. 7 (UPI) -- U.S. Treasury Secretary Henry Paulson said Sunday the federal government will take over teetering giant mortgage firms Fannie Mae and Freddie Mac.
WASHINGTON, Sept. 5 (UPI) -- U.S. officials told Fannie Mae and Freddie Mac Friday the institutions will be placed in conservatorship, The New York Times reported.
NEW YORK, July 22 (UPI) -- U.S. Treasury Secretary Henry Paulson Jr. is pushing for increased regulation and support of the nation's government sponsored mortgage brokers.
WASHINGTON, July 15 (UPI) -- U.S. Treasury Secretary Henry Paulson Jr. said Tuesday that two troubled mortgage giants should remain in the hands of shareholders.
WASHINGTON, July 14 (UPI) -- The chairman of the U.S. Senate Banking Committee said Monday he does not expect many banks to fail as IndyMac Bancorp did last week.
WASHINGTON, July 11 (UPI) -- U.S. Treasury Secretary Henry Paulson Jr. Friday said the Treasury was working to help two large mortgage lenders whose share values have plummeted recently.
WASHINGTON, July 10 (UPI) -- U.S. Treasury Secretary Henry Paulson Jr. said Thursday two troubled, government-backed lenders have sufficient funds.
WASHINGTON, May 19 (UPI) -- The U.S Congress is making progress on reforming Fannie Mae and Freddie Mac, leading to "a strong, independent regulator," President George Bush said Monday.
WASHINGTON, March 19 (UPI) -- U.S. regulators reduced the capital requirements for giant mortgage firms Fannie Mae and Freddie Mac Wednesday on expectations they will raise capital.
NEW YORK, Aug. 13 (UPI) -- Shares of Fannie Mae and Freddie Mac fell Monday after the U.S. mortgage-finance giants’ regulator rejected Fannie’s request to buy more home loans.
