freddie mac

Spanky and the Gang are at it again. Not content with previous shenanigians in manipulating and propping up homes prices, they're back at it again. Word is out that the Obama Administration, in conjunction with Freddie, Fannie, Treasury, Fed, FDIC, HUD and FHFA, is preparing programs to sell...

An important but fundamentally flawed debate about Fannie and Freddie's role in the ongoing crisis has raged since the SEC sued the former senior managers of both entities for securities fraud. The Wall Street Journal and Peter Wallison (in the WSJ) have claimed that the suit vindicates their...

Sixty Minutes' December 11, 2011 interview of President Obama included the following gem: KROFT: One of the things that surprised me the most about this poll is that 42%, when asked who your policies favor the most, 42% said Wall Street. Only 35% said average Americans. My suspicion is some of...

According to a recent Bloomberg Markets Magazine article, in the summer of 2008, former Treasury Secretary Hank Paulson tipped off a group of powerful hedge fund managers about a possible scenario where the government would place ailing mortgage GSE's Fannie Mae and Freddie Mac into conservatorship...

With a constitutional business potentially in default, food stamps on the rise, and a government controlled mortgage company posting losses, could the image of the common family be in jeopardy? Rather an end to the common family, here is why the common family is only redistributing itself....

The Federal Reserve has announced which banks borrowed from the Fed discount window during the 2008 financial crisis. A federal judge dismissed a lawsuit filed by pension funds who claimed Freddie Mac materially misrepresented its exposure to risky mortgage products. Vice President Joe Biden...

Okay I know it's a bit of a sensationalist headline, but if this Bloomberg article is right, it might be raining cats & dogs next. The embattled GSE's Fannie Mae and Freddie Mac may actually be profitable next year, despite the continued decline in housing. Graham Fisher & Co. Managing...

Pershing Square Capital Management founder and CEO William Ackman was on CNBC this morning with Michael Porter, a Harvard Business School professor and Clayton Rose, a Harvard Business School professor and Freddie Mac board member. Ackman spoke about the dangers of outsourcing. “I think we want...

Banks could face another mortgage crisis, according to Barron's, if they are forced to buy back subprime, Alt-A and options adjusted home mortgage securities they've sold prior to the financial crisis, mostly as mortgage-backed securities. Already some buyers, like Fannie Mae (FNMA) and Freddie Mac...

Should the government get out of the housing business? Many believe they should, but given the fact that there is no playbook on how to remove Fannie Mae and Freddie Mac, many expect nothing to happen. “Nothing. Absolutely nothing," will happen, says Bethany McLean. "No one knows what to do, and...