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July 6, 2008 9:50:27 AM CDT


Stories related to: Office of Federal Housing Enterprise Oversight

Stories

2 Stories

  • March 2008
    • Freddie, Fannie Rules Eased to Boost Housing Market

      Freddie, Fannie Rules Eased to Boost Housing Market

      Fannie Mae and Freddie Mac will be able to buy more mortgages after the amount of capital they're required to hold as a cushion was cut from 30% to 20% today, the Wall Street Journal reports. The move by the Bush administration should pump up to $200 billion of liquidity into the mortgage-backed securities market.  More »

  • February 2008
    • Fannie Mae Loses Billions in Q4

      Fannie Mae Loses Billions in Q4

      Fannie Mae reported huge fourth-quarter losses today, painting an ugly picture both of the economy and the mortgage giant's own future. The company lost $3.56 billion—triple what analysts expected, Bloomberg reports. Derivatives were the big culprit, accounting for $3.33 billion in losses, but the company also reported spikes in late payments and delinquencies. More »

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