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Michelle Obama tops 'Fascinating' list
Thursday, December 10
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Daniel Mudd
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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
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.
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. 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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