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FRIDAY, NOVEMBER 27, 2009
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NEWS ABOUT: Federal Housing Finance Agency

Federal Housing Finance Agency stories: 3 news summaries

(Newser) - Fannie 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... More »

MORE ABOUT:
executive compensation • Freddie Mac • Charles Grassley • Fannie Mae • bonuses • Barney Frank • Federal Housing Finance Agency • executive bonuses

Glossies

 Don't Blame Fannie for Mess 



Wall Street, banks, and government also at fault

Jan 5, 09 9:11 AM CST
(Newser) - Fannie Mae and Freddie Mac, the "toxic twin" housing financing behemoths blamed for setting the world on fire, were not operating any differently than the entire financial sector, Bethany McLean writes in Vanity Fair. McLean documents Fannie Mae's history starting from conception in FDR's New Deal, when it was... More »

MORE ABOUT:
recession • takeover • Freddie Mac • Fannie Mae • housing crisis • subprime crisis • financial crisis • Federal Housing Finance Agency

 Fannie Mae: Tenants Can Stay 

Fannie Mae won't evict tenants after  foreclosures

Dec 15, 08 4:22 AM CST
(Newser) - Fannie Mae is offering to sign new leases with renters living in properties that have been foreclosed and are now owned by the the government-controlled mortgage company. The move brings relief to thousands of people caught in the mortgage crisis, but it turns the insitution into a huge national landlord... More »

MORE ABOUT:
Bank of America • subprime mortgages • foreclosure • Freddie Mac • Fannie Mae • mortgage defaults • JPMorgan Chase • evictions • tenants • renters • National Community Reinvestment Coalition • Federal Housing Finance Agency

3 Stories


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