Read more Freddie Mac stories on Newserhttp://www.newser.com/taggrid/6819/freddie-mac.html2009 - Newseren-usNewser Feed GeneratorTue, 24 Nov 2009 12:24:01 CSThttp://www.newser.com/story/71314/the-next-mortgage-lender-bailout-the-fha.html?utm_source=syn&utm_medium=rss&utm_campaign=tagAnother mortgage lender specializing in low income borrowers is in trouble: the Federal Housing Administration. The agency which oversees Fannie Mae and Freddie Mac could soon share their fate, as borrowers default on the low-downpayment mortgages it insures, critics told a House subcommittee yesterday. “It appears destined for a taxpayer...http://www.newser.com/story/71314/the-next-mortgage-lender-bailout-the-fha.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFri, 09 Oct 2009 8:38:55 CDThttp://www.newser.com/story/66573/rally-loses-steam-dow-off-32.html?utm_source=syn&utm_medium=rss&utm_campaign=tagStocks wavered on the heels of last week’s rally, closing slightly lower as investors wait for comments from the Fed, the Wall Street Journal reports. Federal Reserve policy makers will conclude a 2-day meeting on Wednesday and perhaps issue a new assessment of the economic recovery. Despite a broad decline,...http://www.newser.com/story/66573/rally-loses-steam-dow-off-32.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMon, 10 Aug 2009 15:26:55 CDThttp://www.newser.com/story/66213/white-house-weighs-bad-bank-fix-for-fannie-freddie.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThe White House’s National Economic Council will meet today to discuss a drastic overhaul of beleaguered nationalized mortgage dealers Fannie Mae and Freddie Mac, the Washington Post reports. Among other proposals, officials are contemplating a “good bank, bad bank” split. Fannie and Freddie would dump their troubled loans on a...http://www.newser.com/story/66213/white-house-weighs-bad-bank-fix-for-fannie-freddie.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThu, 06 Aug 2009 8:40:26 CDThttp://www.newser.com/story/56962/pressure-on-freddie-exec-was-relentless.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThe acting chief financial officer at Freddie Mac, who hanged himself yesterday, was working nonstop and had recently asked the company for a security detail, colleagues tell the New York Times . David Kellermann was struggling to balance the contradictory demands of investors, regulators, and lawmakers, and coworkers say he had...http://www.newser.com/story/56962/pressure-on-freddie-exec-was-relentless.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThu, 23 Apr 2009 5:53:20 CDThttp://www.newser.com/story/56882/freddie-mac-cfo-found-dead-in-apparent-suicide.html?utm_source=syn&utm_medium=rss&utm_campaign=tagActing Freddie Mac CFO David Kellerman was found dead this morning in what appears to have been a suicide, the Washington Post reports. Kellerman, 41, joined Freddie Mac as an analyst in 1992. He was promoted to CFO when the government took over Freddie last fall, but the company, which...http://www.newser.com/story/56882/freddie-mac-cfo-found-dead-in-apparent-suicide.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWed, 22 Apr 2009 8:16:46 CDThttp://www.newser.com/story/55844/banks-launch-mortgage-refinancing-program.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThe country’s top lenders are slowly implementing the Obama administration’s plan to help otherwise ineligible borrowers to refinance their mortgages at the current bargain-basement rates, the Wall Street Journal reports. The program is open to those with mortgages owned by Freddie Mac or Fannie Mae who are current on their...http://www.newser.com/story/55844/banks-launch-mortgage-refinancing-program.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFri, 10 Apr 2009 8:26:15 CDThttp://www.newser.com/story/55235/fannie-freddie-to-pay-210m-in-bonuses.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFannie Mae and Freddie Mac expect to pay roughly $210 million in retention bonuses over the next 18 months, reports the Wall Street Journal . Some 7,600 employees are slated to get bonuses, in some cases totaling as much as $1.5 million, in a program that has drawn sharp...http://www.newser.com/story/55235/fannie-freddie-to-pay-210m-in-bonuses.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFri, 03 Apr 2009 12:46:36 CDThttp://www.newser.com/story/53931/frank-targets-fannie-freddie-execs-bonuses.html?utm_source=syn&utm_medium=rss&utm_campaign=tagExecutives at government-owned mortgage giants Fannie Mae and Freddie Mac are scheduled to receive six-figure retention bonuses, but Barney Frank wants the payments canceled, MarketWatch reports. “In this troubled economy, and in this job market, it is difficult to imagine that the companies would not be able to find competent...http://www.newser.com/story/53931/frank-targets-fannie-freddie-execs-bonuses.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFri, 20 Mar 2009 14:27:18 CDThttp://www.newser.com/story/52450/obama-housing-rescue-plan-leaves-many-out-in-cold.html?utm_source=syn&utm_medium=rss&utm_campaign=tagA large swath of Americans will see no help under the Obama administration’s housing rescue plan, the New York Times reports. While designed to prevent 3 million to 4 million foreclosures through loan modifications, the plan doesn't cover those whose loans aren’t backed by Fannie Mae or Freddie Mac, or...http://www.newser.com/story/52450/obama-housing-rescue-plan-leaves-many-out-in-cold.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThu, 05 Mar 2009 8:40:27 CST