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Daniel_Mudd - Former Fannie Mae, Freddie Mac executives testify before House committee in Washington

Former Fannie Mae, Freddie Mac executives testify before House committee in Washington

Daniel Mudd, former CEO of Fannie Mae, testifies before a House Oversight and Government Reform Committee about the roles of Fannie Mae and Freddie Mac in the financial and mortgage crises on Capitol Hill in Washington on December 9, 2008. (UPI Photo/Roger L. Wollenberg)


UPI Related News
Waxman: Fannie, Freddie ignored warnings
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.
Troubled Fannie Mae shakes up leadership
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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.
Fannie Mae losses $2.3 billion in quarter
Fannie Mae losses $2.3 billion in quarter
WASHINGTON, Aug. 8 (UPI) -- The U.S. government-sponsored mortgage broker Federal National Mortgage Association reported a second quarter net loss Friday of $2.3 billion.
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