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, 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. 26 (UPI) -- The Federal Home Loan Mortgage Corp. said Friday it is laying off two lobbyists following the U.S. government takeover of the lender this month.
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. 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.
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.
WASHINGTON, Aug. 5 (UPI) -- The chief executive officer of the Federal Home Mortgage Corp. did not heed warnings the company was headed for trouble, sources said.
WASHINGTON, July 13 (UPI) -- The U.S. Treasury and Federal Reserve have settled on a strategy for the U.S. government to bail out Fannie Mae and Freddie Mac, officials said Sunday.
WASHINGTON, July 8 (UPI) -- Two critical players in U.S. mortgage financing have stumbled badly since the first of the year, a signal that huge write-downs aren't over, analysts said.
WASHINGTON, Oct. 11 (UPI) -- Leland Brendsel was removed as head of the U.S. mortgage funder Freddie Mac four years ago and charged with elaborate accounting manipulations.
WASHINGTON, Sept. 28 (UPI) -- Freddie Mac, the government-sponsored mortgage funding company, has agreed to pay $50 million to settle new U.S. government fraud charges.
WASHINGTON, Aug. 30 (UPI) -- Freddie Mac, the home-mortgage financier, reported a 45 percent drop in second-quarter net income and a $320 million loss on new mortgages Thursday.
MCLEAN, Va., Aug. 16 (UPI) -- Freddie Mac-asssisted mortgage rates were up across the board this week, a turnaround from a week ago, a report says.
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.
