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Reform Reading: Should Fannie and Freddie be cooperative(s)?

By Julie Vorman

A roundup of news and commentary to help consumers monitor the transparency and accountability of the Dodd-Frank financial reform law. ...

Excerpts from this story referencing "Fannie Mae":

"… companies and to promote economic growth. …"

Transparency emphasized as government mulls Fannie Mae reform

By Julie Vorman

More transparency about the overall U.S. mortgage securitization market must be part of the Obama administration’s eventual plan to reform f

Excerpts from this story referencing "Fannie Mae":

"… art of the Obama administration’s eventual plan to reform finance giants Fannie Mae and Freddie Mac, a real estate expert urged Treasury Secretary Timothy Gei …"

"… ators can track in real time,” she said.The federal government took over Fannie Mae and Freddie Mac in late 2008 amid their rising financial losses and has pu …"

"… 150 billion of taxpayer money into them since then. Devising a plan to get Fannie Mae and Freddie Mac off the government’s life-line is a formidable challenge …"

"… y investigation earlier this month reported a whistleblower’s claim that Fannie Mae executives bungled their stewardship of the government’s massive foreclo …"

Stockbrokers, credit raters, Fannie among study targets ordered by financial reform bill

By Julie Vorman

When faced with some of the toughest issues in writing the financial regulation reform bill, Senate and House negotiators resorted to a clas

Excerpts from this story referencing "Fannie Mae":

"… redit rating agencies, and spelling out options for housing finance giants Fannie Mae and Freddie Mac.For instance, lawmakers sought to fast track a Securities …"

"… y Geithner six months to recommend the best way to get home finance giants Fannie Mae and Freddie Mac off the government dole. The two government-sponsored ente …"

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Ginnie Mae's troubling endorsements

By Brian Grow and Zachary Goldfarb

The trouble signs surrounding Lend America had been building for years. A top executive was convicted of mortgage fraud but still helped run

Excerpts from this story referencing "Fannie Mae":

"… id Ed Pinto, a mortgage industry consultant and former senior executive at Fannie Mae. “If they are not cracking down, they are giving them access to the capi …"

Fannie’s favorite son

By Matthew Lewis

The federal rescue plan for Fannie Mae and Freddie Mac is just waiting for the president’s signature at this point, but that doesn’t mean th

Excerpts from this story referencing "Fannie Mae":

"… 00 contribution from separate Freddie officers. …"

"… mself.According to data from the Federal Election Commission, 17 of the 58 Fannie Mae officials holding “senior management” positions — as defined by Fann …"

"… in total to Obama. Company wide, the Obama popularity gap really opens up.Fannie Mae-identified individuals have given $66,899 to the junior senator from Illin …"

Republican seeks hearing on Fannie Mae whistleblower

The top Republican on the House Financial Services Committee is asking for a hearing on a whistleblower’s claims that Fannie Mae put its own

Excerpts from this story referencing "Fannie Mae":

"… vices Committee is asking for a hearing on a whistleblower’s claims that Fannie Mae put its own bottom line ahead of helping distressed homeowners with a fede …"

"… ey Frank, a Massachusetts Democrat, asked for a hearing to examine whether Fannie Mae executives mishandled the administration of the Home Affordable Modificati …"

"… dable Modification Program (HAMP). As first reported by the Center, former Fannie Mae executive and consultant Caroline Herron filed a federal lawsuit accusing …"

"… ations, rather than permanent modifications, because of incentive payments Fannie Mae stood to get from the Treasury Department for trial modifications booked b …"

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Conservative think tank's plan would limit securitization of mortgages

By Amy Biegelsen

The American Enterprise Institute offered a plan today to eliminate the “bubble-inducing distortion” it blames for the recent financial cris

Excerpts from this story referencing "Fannie Mae":

"… ion” it blames for the recent financial crisis – mortgage underwriters Fannie Mae and Freddie Mac. The assessment stands at odds with the Center’s recent …"

Consumer advocate Warren returns to ring for more sparring with GOP-led panel

By Julie Vorman

Elizabeth Warren returns to GOP-led hearing for more sparring over consumer agency

Excerpts from this story referencing "Fannie Mae":

"… slation that would eliminate a government-sponsored enterprise charter for Fannie Mae and Freddie Mac, and would also limit legal fees paid by Fannie and Freddi …"

2012 election + weak housing market = new White House policies?

By Shirley Gao and Julie Vorman

The fast-approaching 2012 election has the Obama administration eyeing new policies to breathe life into housing market

Excerpts from this story referencing "Fannie Mae":

"… Wall Street Journal reports.Policy options include having mortgage giants Fannie Mae and Freddie Mac relax their lending rules to investors; allowing investors …"

"… rs are either in foreclosure or far behind in their monthly payments.Blame Fannie Mae - A Republican member of the now-defunct Financial Crisis Inquiry Commissi …"

"… Financial Crisis Inquiry Commission is trying to revive the argument that Fannie Mae and government housing policies – not greedy Wall Street banks and lax r …"

"… banks and lax regulation – are to blame for the 2008 financial meltdown.Fannie Mae led the way into risky lending, not the private sector, writes Peter Walli …"

Meltdown 101

By John Dunbar

Subprime mortgages and America's road to financial ruin

Excerpts from this story referencing "Fannie Mae":

"… ;Freddie Mac and the Federal National Mortgage Corporation (Fannie Mae).Fannie and Freddie were created by the government to basically do the sam …"

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