fannie mae News

fannie mae News From AOL News

Obama Overhaul of Housing Finance Would Scuttle Fannie, Freddie

The Obama administration today sent to Congress proposals to reduce government support for the home finance market, a series of ambitious if sketchy and protracted moves that would wind down the federally backed mortgage giants Fannie Mae and Freddie Mac. The 32-page plan outlines steps to make room for more private...

Opinion: Abolish Fannie and Freddie

When the Obama administration issues its report about the future of Fannie Mae and Freddie Mac -- expected later this week -- it is sure to set off another round of debate about what to do with these giant mortgage companies. During the depths of the financial crisis, there was plenty of brave talk from Democrats and...

Federal Panel Finds Financial Crisis Was Avoidable

WASHINGTON -- The government-appointed panel investigating the roots of the financial crisis says the meltdown occurred because government officials and Wall Street executives ignored warning signs and failed to manage risks. The crisis could have been avoided, the Financial Crisis Inquiry Commission determined in a final...

From Bad to Worse? A Foreclosure Crisis Primer

(Oct. 15) -- The American housing mess just keeps getting messier. Even as federal and state governments ratchet up investigations into the way banks and the mortgage-servicing industry move to seize the homes of owners who failed to make payments, the pace of foreclosures is picking up. And just over two years after a...

Opinion: GOP's Pledge Misses the Mark

(Sept. 23) -- Congressional Republicans have maintained that their "Pledge to America" would not be another "Contract with America." That's for sure. In the same sense that Dan Quayle was "no Jack Kennedy." The 1994 Contract was a masterpiece of political communication that rocked the nation by laying out in clear,...

fannie mae News From AOL

RENTEDSPACES.COM

Background on fannie mae

The Federal National Mortgage Association (FNMA; ), commonly known as Fannie Mae, was founded in 1938 during the Great Depression as part of the New Deal.

more at wikipedia »