How important is nonprofit journalism?

Donate by May 7 and your gift to The Center for Public Integrity will be matched dollar-for-dollar up to $15,000.

Commentary: The mega-banks behind the meltdown

By Bill Buzenberg

How Wall Street's greed fueled the subprime disaster

S&P not shy about using its clout politically

By Michael Hudson and Aaron Mehta

S&P and other credit rating firms wield as much political clout as financial

Oversight fails to keep pace with a changed market

By The Center for Public Integrity

Risky trades expand quickly with no oversight from SEC
Advertisement

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 "Fannie Mae":

"… mediate financial problems, Treasury Secretary Timothy Geithner has pushed Fannie Mae and Freddie Mac towards the bottom of his to-do list, even as they continu …"

"… nagers and risk analysts to their staffs."Why are we punting to the future Fannie Mae and Freddie Mac --maybe we'll get around to it next year?" Sen. David Vitt …"

FDIC statement regarding Sheila Bair's dealings with Bank of America

FDIC responds to HPIF story on Sheila Bair's retroactive ethics waiver

Excerpts from this story referencing "Freddie Mac":

"… % for the Amherst residence and 77% for the DC residence respectively. The Freddie Mac survey rates for 30 year fixed rates at the time were 5.26% for a conformi …"

Why Fannie and Freddie continue to cost taxpayers billions

By Ben Protess

Treasury secretary to testify Tuesday on mortgage giants, Fannie Mae and Freddi Mac

Excerpts from this story referencing "Fannie Mae":

"… he companies bailed out by the federal government, mortgage finance giants Fannie Mae and Freddie Mac are shaping up as the deepest money pits. A close look at …"

"… filings, congressional testimony and interviews with economists and former Fannie Mae employees. Fannie and Freddie uncharacteristically collected more than $1 …"

"… riting standards,” said Thomas Lawler, a former senior vice president of Fannie Mae who left in 2006 to start a consulting business. “A disturbingly high sh …"

"… from scratch. “I believe this committee will be recommending abolishing Fannie Mae and Freddie Mac in their current form," Frank said, "and coming up with a …"

Advertisement

WaMu bank executives aware of rampant fraud

By David Heath

WaMu executives knew of fraud yet they failed to act, Senate investigation finds

Bank of America to pay record settlement over Countrywide abuses

By John Dunbar

Bank of America to pay record settlement over Countrywide abuses

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 "Fannie Mae":

"… sp;President Barack Obama has appointed to oversee mortgage finance giants Fannie Mae and Freddie Mac has received more campaign money from financial interests …"

"… owns to help homeowners at risk of default to stay in their houses.  Fannie Mae and Freddie Mac buy and securitize about 90 percent of all new mortgages i …"

"… ;             Fannie Mae’s and Freddie Mac’s PACs contributed $11,500 to Watt’s campaign from …"

Pages