WASHINGTON, March 20 (UPI) -- The chief executive officer of the Federal National Mortgage Association, Herbert Allison, said he disapproved of a punitive U.S. bonus tax measure.
WASHINGTON, Jan. 27 (UPI) -- The mortgage giant Fannie Mae says it will seek to tap up to $16 billion in previously approved U.S. Treasury bailout funds.
WASHINGTON, Jan. 24 (UPI) -- U.S. mortgage giant Freddie Mac will ask for up to $35 billion in additional federal bailout dollars, company officials have revealed.
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, Feb. 27 (UPI) -- Federally backed lender Fannie Mae reported a fourth quarter net loss of $3.56 billion Wednesday, including losses in derivatives and investments.
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.
WASHINGTON, Aug. 24 (UPI) -- The U.S. Justice Department will not prosecute mortgage giant Fannie Mae for billions of dollars in accounting irregularities.
WASHINGTON, May 23 (UPI) -- Mortgage giant Fannie Mae will pay about $400 million in penalties under a U.S. settlement of charges related to its $10.8 billion accounting scandal.
WASHINGTON, March 9 (UPI) -- U.S. regulators are ordering mortgage giant Fannie Mae to correct deficiencies in its controls over accounting ledgers and other corporate records.
WASHINGTON, March 3 (UPI) -- New revelations of accounting irregularities at Fannie Mae could force the U.S. firm to increase its stated losses by about a third to nearly $12 billion.
