fannie mae

Mortgage forgiven for 90-year-old who shot self

MSNBC.com: Business  Sun, 10/05/2008 - 11:02

Mortgage finance company Fannie Mae said it is forgiving the mortgage debt of a 90-year-old woman who shot herself in the chest as sheriff's deputies attempted to evict her.


 

Pressured to Take More Risk, Fannie Hit a Tipping Point

Newsvine - business  Sat, 10/04/2008 - 23:50

A decision, made under pressure from Congress and investors, to steer Fannie Mae into dangerous corners of the mortgage market proved to be disastrous.


 

Pressured to Take on Risk, Fannie Hit a Tipping Point

NYT > Business  Sat, 10/04/2008 - 13:25

A decision, made under pressure from Congress and investors, to steer Fannie Mae into dangerous corners of the mortgage market proved to be disastrous.


 

How Fannie, and you, bought a hapless house

Newsvine - business  Sun, 09/28/2008 - 02:41

The history of single townhouse in a Washington suburb shows how a chain of bad decisions left taxpayers in effect as investors in Fannie Mae - and in a lot of foreclosed properties.


 

Fannie, taxpayers become partners

MSNBC.com: Business  Sat, 09/27/2008 - 23:09

The history of single townhouse in a Washington suburb shows how a chain of bad decisions left taxpayers in effect as investors in Fannie Mae — and in a lot of foreclosed properties.


 

F.B.I. Looks Into 4 Firms at Center of the Economic Turmoil

NYT > Business  Tue, 09/23/2008 - 21:22

The F.B.I. opened preliminary investigations into possible fraud involving Fannie Mae and Freddie Mac, Lehman Brothers and the American International Group.


 

Unusual 11 Mid-Day Movers 9/23: SIL, FNM, FRE, SYUT Higher; DTG,...

StreetInsider.com News Articles  Tue, 09/23/2008 - 12:20

Apex Silver Mines (AMEX: SIL) 70% HIGHER; appearing on StreetInsider.com's mid-day movers for the second day in a row, Apex is surging more today than it did yesterday.

From Friday's close, Apex is up more than 200%. Fannie Mae (NYSE: FNM) 54.4% HIGHER; investors may be buying Fannie and Freddie today on hopes that the meeting on Capital Hill will produce results.

Notably, both Fannie and Freddie have jumped over the $1.00 psychological level today and have held this ground.


 

How Much Financial CEOs Got Paid to Ruin Their Companies

Newsvine - business  Sat, 09/20/2008 - 12:41

With the failures of Lehman Brothers, Fannie Mae and Freddie Mac this month, reams of Wall Street IT executives are out of work or soon will be.


 

4 Fannie execs depart; organization restructured

Newsvine - business  Sat, 09/20/2008 - 05:03

Mortgage finance giant Fannie Mae, taken over by the government earlier this month, announced Friday the resignations of four senior executives and said it was restructuring its organization.


 

How much financial CEOs got paid to ruin their companies

Digg - Business & Finance  Sat, 09/20/2008 - 03:00

With the failures of Lehman Brothers, Fannie Mae and Freddie Mac this month, reams of Wall Street executives are out of work or soon will be.

But how much did the CEOs get in compensation last year? How about $38 million for Bear Stearns' CEO? $34 million for Lehman's CEO?

$14 million for AIG's CEO? The list goes on. Outrageous. (Slideshow)