Topic: Fannie Mae
Fannie, Freddie to start buying back bad loans
AP News
<div id="subtitle">Mortgage financiers to buy back soured loans contained in mortgage-backed securities</div><div><p>Government controlled mortgage finance companies Fannie Mae and Freddie Mac said Wednesday they will buy back troubled loans contained in securities they have already sold ...
Fed's Warsh says restoring market discipline key
Reuters US Online Report Business News
<div><p>NEW YORK (Reuters) - Federal Reserve Governor Kevin Warsh said on Wednesday that regulatory improvements alone would not prevent future financial crises and the government must be willing to let firms fail.</p><p>"Regulation is too important to be left ...
HUD asking for $41.6B for 2011 budget
AP News
<div id="subtitle">HUD's 2011 budget amounts to 5 percent cut in funding due to expected spike in FHA revenue</div><div><p>The Department of Housing and Urban Development said Monday it will ask for less money from Uncle Sam ...
Rep. Frank: Abolish Fannie Mae, Freddie Mac
AP News
<div id="subtitle">Rep. Barney Frank calls for replacement of mortgage finance giants Fannie Mae, Freddie Mac</div><div><p>A top lawmaker on Capitol Hill is calling for the elimination of mortgage finance companies Fannie Mae and Freddie Mac and the ...
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