The Federal Housing Finance Agency (FHFA) announced a $9.3 billion settlement with Bank of America following a 2011 suit tied to the bank’s role in selling faulty mortgage-backed securities to Fannie Mae and Freddie Mac.
Mar 27, 2014 The Hill
In an effort to stabilize neighborhoods and reduce the glut of foreclosures in the marketplace, Fannie Mae is beginning to sell foreclosed properties in bulk to investors to test the market for rental homes, write Alan Zibel and Nick Timiraos.
Feb 28, 2012 The Wall Street Journal - Developments Blog
Although they played a part in the ensuing financial panic, noted economist Mark Zandi argues why Fannie Mae and Freddie Mac don't deserve to be blamed for the housing bubble.
Feb 1, 2012 The Washington Post
<p>J.P. Morgan's federally-back purchase of Bear Stearns holds billions in dubious "mortgage backed securities," and Fannie Mae and Freddie Mac are pumping hundreds of billions into the market. Time may be running out for the Federal Reserve.</p>
Mar 20, 2008 The Huffington Post