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, 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, 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 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.
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.
WASHINGTON, Sept. 9 (UPI) -- Taking over two mortgage giants has lowered the United States' credit rating, investment analysts said Tuesday.
WASHINGTON, Sept. 9 (UPI) -- Banks that invested heavily in two Washington mortgage giants are faced with steep losses in the wake of the government's bailout, financial analysts said.
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, Aug. 28 (UPI) -- The Federal National Mortgage Association, battered by the meltdown in the U.S home loan business, has shaken up its senior management, officials said.
WASHINGTON, Aug. 22 (UPI) -- The shadow of a possible bailout at the Federal Home Loan Mortgage Corp. in Washington is hindering executives' efforts to raise capital, analysts said.
