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Fannie Mae's and Freddie Mac's Gift for Christmas - Suspend Foreclosure Sales

Fannie Mae and Freddie Mac give an early Christmas gift to troubled homeowners by suspending sales of foreclosures for the holidays. read more »
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New Federal Plan Aims to Rework Fannie and Freddie Loans

In a bid to finally stem the tide of foreclosures, the government released a new modification plan aimed to rework loans handled by Fannie Mae and Fr[...] read more »
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Will President Obama's New Housing Plan Work?

The new housing plan offers a detailed strategy for stemming foreclosures. But it faces stark economic realities. read more »
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Fannie, Freddie Said to Increase Efforts to Cut Foreclosures

Fannie Mae, Freddie Mac and housing industry officials plan a new mortgage modification program designed to cut payments for hundreds of thousands of[...] read more »
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Phil Gramm Says Loose Money and Politicized Mortgages Caused the Financial Market Crisis

Interesting review of roles that the Community Reinvestment Act enforcements of 90s, Fannie Mae, Freddie Mac, Countrywide, and Friends played in the explosion and fall of subprime mortgage securities and why we should be concerned w/new mortgage pla read more »
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Madoff Greatest Ponzi Scheme? Real Estate Magnitudes Greater.

Bernard Madoff was arrested December 12, 2008 for an alleged $50 billion investor fraud and released on $10 million bail. While the press heralds thi[...] read more »
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Freddie Seeks Up to $35 Billion From U.S.; Fannie May Follow

Jan. 24 (Bloomberg) -- Freddie Mac, the mortgage-finance company under federal control, needs as much as $35 billion more in federal aid, and Fannie [...] read more »
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