Judge says Fannie Mae whistleblower's lawsuit can go forward

By Michael Hudson

As Congress begins to tackle the future of Fannie Mae and Freddie Mac, the government-chartered mortgage giants that have been kept alive wi

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

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
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Obama punting on Fannie, Freddie could prove costly

By Ben Protess

Feds could likely regret leaving two faulty mortgage giants as a low priority

Excerpts from this story referencing "Franklin Raines":

"… bsp;including his search for a running mate.Johnson's successor at Fannie, Franklin Raines, had been President Clinton's director of the Office of Management and Bud …"

Report: Countrywide won influence with discounts

By The Associated Press

Subprime lender Countrywide bought influence of Washington elite with mortgage discounts

Excerpts from this story referencing "Franklin Raines":

"… t receive one.—Former heads of Fannie Mae James Johnson, Daniel Mudd and Franklin Raines. Countrywide took a loss on Mudd's loan. Fannie employees were the most fr …"

Mel Watt enjoys close ties to financial industries

By Alison Fitzgerald

Bank leaders, PACs made prospective housing agency leader a top recipient of campaign cash.

Excerpts from this story referencing "Franklin Raines":

"… st $4,250 from 1998 through 2004, with Fannie’s controversial former CEO Franklin Raines chipping in $1,500 to help Watt keep his seat. Bank of America, Watt’s …"