May 9, 2014, 7am PDT
Fannie Mae and Freddie Mac will deliver $10.2 billion in dividends to the U.S. Treasury next month, but Congress could soon "wind down" the companies by approving the significant Johnson-Crapo bill.
March 27, 2014, 1pm PDT
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.
February 1, 2012, 2pm PST
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.
March 20, 2008, 1pm PDT
<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>