Topic: Fannie Mae
Freddie Mac losses mount, warns of foreclosures
AP News
Freddie Mac's losses keep mounting, but mortgage giant avoids requesting more taxpayer aidFreddie Mac lost almost $26 billion last year, ominous news for taxpayers who are footing the bill to rescue the mortgage finance company and its sibling Fannie Mae. Freddie Mac, which has lost a total of almost ...
Fannie Mae expects $5B charge due to tax credit
AP News
Fannie Mae expects $5 billion charge after Treasury rejects tax credit sale planFannie Mae plans to take a $5 billion charge when its reports its fourth quarter results later this week because the government blocked its plan to sell tax credits. The Treasury Department last year prevented the mortgage giant ...
US Earns Fannie Mae
AP News
Citi to let distressed homeowners stay for 6 mos.
AP News
<div id="subtitle">Citigroup plan lets homeowners avoid foreclosure, stay for 6 months if they turn over deed</div><div><p>Citigroup Inc. plans to let homeowners on the verge of foreclosure stay in their homes for six months — if they turn ...
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