Nov 11th, 2008 · Fannie Mae and Freddie Mac have announced new plans to expand and accelerate their loan-modification programs. Under the plan, the mortgage giants will speed up renegotiation on thousands of delinquent loans that they hold.
Sep 24th, 2008 · Media reports indicated Tuesday that John McCain's campaign manager, Rick Davis, received money from Freddie Mac. The payments were made to a firm, Davis Manafort, which Rick Davis owns. Steve Inskeep and Linda Wertheimer report.
Sep 15th, 2008 · The Federal Housing Finance Agency announced Sunday that the former CEOs of Fannie Mae and Freddie Mac will not walk away with golden parachutes. The agency which regulates — and now manages the two mortgage giants — said it will not allow the former executives to walk away with multi-million dollar severance packages. It didn't say what, if anything, ex-CEOs Daniel Mudd and Richard Syron will take home.
Sep 10th, 2008 · Neil Weinberg, senior editor at Forbes magazine, talks with Renee Montagne about whether executives at Fannie Mae and Freddie Mac used financial incentives to pump up the mortgage giants' stock prices.
Sep 9th, 2008 · The U.S. takeover of mortgage giants Fannie Mae and Freddie Mac may end up costing American taxpayers a bundle. But world economic leaders say the cost of not saving them would have been unimaginable.
Sep 9th, 2008 · The U.S. government has taken control of troubled housing finance giants Fannie Mae and Freddie Mac, and their top executives have been removed. Economics experts weigh in on what the bailout means for U.S. and Chinese investors.
Sep 9th, 2008 · Financial markets around the world reacted favorably to the U.S. government's plan to take over Fannie Mae and Freddie Mac. In the United States, the move sent interest rates down, raising hopes in the real estate industry that prospective buyers may be ready to enter the housing market.
Sep 9th, 2008 · The government takeover of mortgage finance companies Fannie Mae and Freddie Mac has cost CEOs Daniel Mudd and Richard Syron their jobs. But Fannie Mae's Mudd could collect more than $9 million for leaving, while Syron could receive exit pay of more than $14 million.