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Topic: Richard F. Syron

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Regulator warns Senate about jumbo loans
WASHINGTON, Feb. 8 (UPI) -- Allowing Fannie Mae and Freddie Mac to handle larger mortgages could push the lender into riskier territory, a banking regulator told key U.S. senators.
Freddie Mac posts $211 million 1Q loss
MCLEAN, Va., June 14 (UPI) -- Freddie Mac, the No. 2 mortgage finance company in the United States, Thursday reported a first quarter net loss of $211 million, or 46 cents per share.
Freddie Mac to settle pension litigation
MCLEAN, Va., Aug. 21 (UPI) -- Federally chartered mortgage lender Freddie Mac agreed to pay $4.65 million to settle class action litigation over its pension.
Freddie Mac to settle suit for $410M
MCLEAN, Va., April 21 (UPI) -- Virginia's mortgage giant Freddie Mac agreed to pay $410 million to settle shareholder lawsuits.
Freddie Mac names new CEO
WASHINGTON, Dec. 8 (UPI) -- Freddie Mac's board of directors named a new chairman and chief executive of the scandal-ridden mortgage finance giant.

Quotes

“ While the full impact of the housing downturn has not been felt, our credit position has remained strong relative to our historical levels and the market as a whole, ”
Freddie Mac posts $211 million 1Q loss
United Press International
“ Today's proposed settlement further demonstrates our commitment to resolving past issues so that we can maintain our focus on achieving our mission, serving our customers and running our business well, ”
Freddie Mac to settle pension litigation
United Press International
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President Obama Signs Smuggling Prevention Act at White House
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