WASHINGTON, Dec. 9 (UPI) -- The top executives of Fannie Mae and Freddie Mac ignored warnings about the risk of diving into subprime mortgages, U.S. Rep. Henry Waxman said Tuesday.
WASHINGTON, Dec. 4 (UPI) -- The U.S. Treasury Department is considering direct intervention in the mortgage industry to drive down costs and lift the market, officials said.
WASHINGTON, Nov. 20 (UPI) -- Fannie Mae and Freddie Mac Thursday announced details of a plan to halt foreclosures and evictions from Thanksgiving until a week after New Year's.
WASHINGTON, Nov. 14 (UPI) -- The Federal Home Loan Mortgage Co. said it had requested $14 billion in federal aid after posting third-quarter losses of $25.3 billion.
WASHINGTON, Nov. 12 (UPI) -- U.S. President George Bush would consider more aid for automakers if Congress acts, but isn't inclined to use Wall Street bailout funds, a spokeswoman said.
WASHINGTON, Nov. 12 (UPI) -- Federal Deposit Insurance Corp. chairman Sheila Bair said the U.S. Treasury's mortgage modification program unveiled Tuesday does not go far enough.
WASHINGTON, Nov. 7 (UPI) -- President-elect Barack Obama's new chief of staff was a Freddie Mac director while scandal brewed at the mortgage agency, government reports say.
WASHINGTON, Oct. 21 (UPI) -- U.S. congressional Democrats say they have scheduled hearings into failures at mortgage giants Fannie Mae and Freddie Mac but not until after the election.
WASHINGTON, Sept. 27 (UPI) -- Mortgage giant Freddie Mac was quickly shedding mortgages in an effort to raise cash when it was seized by the U.S. government, new figures show.
WASHINGTON, Sept. 24 (UPI) -- The firm of a top aide to John McCain received payments from troubled Freddie Mac, two people with knowledge about the situation said.
WASHINGTON, Sept. 24 (UPI) -- The FBI has opened investigations into possible fraud at four entities at the center of the recent turmoil in the U.S. financial markets, officials said.
NEW YORK, Sept. 12 (UPI) -- U.S. stock indexes closed mixed Friday at the end of a week that saw the government takeover of Fannie Mae and Freddie Mac.
BEIJING, Sept. 12 (UPI) -- A leading investment bank in China said the country may trim the portion of its currency reserves tied to U.S. dollars.
WASHINGTON, Sept. 10 (UPI) -- The major-party U.S. presidential candidates have ties to troubled Freddie Mac and Fannie Mae, a review of records indicates.
WASHINGTON, Sept. 10 (UPI) -- The fate of charitable donations made by faltering U.S. mortgage giants Freddie Mac and Fannie Mae is under review, a government official said.
