Aug 8, 2013 — The giant mortgage finance company's strong showing was driven by a rise in U.S. housing prices. Fannie's profit is nearly double what it was in the year-ago quarter.
Aug 7, 2013 — Mortgage backer Freddie Mac says it has extended its streak of profitable quarters to seven in a row. The $5 billion in earnings is the second-highest in its history, the company said in its quarterly report Wednesday.
Jul 31, 2012 — A federal regulator is blocking the government-owned mortgage giants Fannie Mae and Freddie Mac from reducing the principal that homeowners owe on their mortgages in order to avoid foreclosures.
Feb 3, 2012 — Nothing immoral went on, Edward DeMarco says. The agency's multibillion-dollar bets against homeowners being able to refinance were "ordinary business transactions."
Feb 1, 2012 — Two senators who have taken the lead on legislation aimed to help homeowners refinance are blunt about how concerned they are by the news NPR reported about Freddie Mac's "multibillion-dollar bets against American homeowners being able to refinance."
Jan 30, 2012 — Lawmakers and prominent economists on Monday called for changes at the taxpayer-owned mortgage company after NPR, in partnership with ProPublica, revealed that Freddie Mac has placed multibillion-dollar bets against American homeowners.
Jan 30, 2012 — In the first hour of Talk of the Nation, the ongoing crisis in Syria, and Freddie Mac bets against homeowners. In the second hour, paying for online news, and on the Opinion Page, Israeli journalist Ronen Bergman predicts Israel's attack on Iran.
Jan 23, 2012 — Just as Republican contenders gather for another debate, the former House speaker releases some information about his work for the mortgage giant. And there's word of another big contribution to a pro-Gingrich superPAC.
Jan 23, 2012 — Newt Gingrich is under attack by his rival GOP presidential candidate Mitt Romney for his consulting role at mortgage firm Freddie Mac. Romney, campaigning in Florida, is calling on the former House speaker to release his contract with Freddie Mac.
Dec 16, 2011 — The suit alleges that the executives knew their agencies had much more exposure to subprime loans than investors were told.