Mortgage finance firm cuts quarterly dividend as it moves to shore-up capital in the face of losses.
NEW YORK (CNNMoney.com) -- Mortgage financer Fannie Mae warned Tuesday that the tumbling home values and loan defaults that ...
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fannie mae, freddie mac, mortgage crisis May 6th, 2008
McLEAN, VA - Freddie Mac released the results of its Primary Mortgage Market Survey® in which the 30-year fixed-rate mortgage (FRM) averaged 5.88 percent with an average 0.4 point for the week ending April 17, ...
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SAN FRANCISCO (MarketWatch) -- Freddie Mac (FRE:27.21, -0.62, -2.2%) said Thursday the 30-year fixed-rate mortgage average rose slightly to 5.88% with an average 0.5 point for the week ending April 3.
Last week the average ...
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The nation's 12 Federal Home Loan Banks were freed Monday to boost their purchase of mortgage-backed bonds by about $150 billion -- another government step to pump money back into a market that slumped as ...
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As Fannie Mae and Freddie Mac trim their reserves, they will need closer regulation.TO UNDERSTAND Wednesday's decision by federal regulators to let Fannie Mae and Freddie Mac set aside less cash to protect against losses, ...
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Government Enacts Plan to Ease Capital Restraints on Fannie, Freddie; Goal Is $200B Infusion
WASHINGTON (AP) -- The government on Wednesday relaxed capital requirements at Fannie Mae and Freddie Mac as part of a plan to ...
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WASHINGTON (Reuters) - The two largest U.S. mortgage finance companies on Wednesday won approval to pump up to $200 billion into the distressed U.S. mortgage market, the latest step in government efforts to stabilize credit ...
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$200B added to mortgage pipeline
Regulators are lowering capital requirements for mortgage finance firms - a move that could pump hundreds of billions more into mortgage market but raises risks.
NEW YORK (CNNMoney.com) -- An additional $200 ...
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Rising foreclosures and big losses at Fannie Mae and Freddie Mac are making it harder for people with good credit backgrounds to get a traditional mortgage.
NEW YORK (CNNMoney.com) -- The credit crunch has finally hit ...
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Loosening the regulatory reins around Fannie Mae and Freddie Mac gives them the freedom to play a bigger role in trying to stabilize a worsening housing market.
The danger, some analysts say, is that the government-sponsored ...
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