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.
Apr 2, 2013 — The mortgage giant needed a $116 billion bailout from the federal government after the housing bubble burst in 2007. As housing recovers, it's been able to put money back into Treasury's coffers.
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.
Jan 11, 2012 — Michael J. Williams, who faced scrutiny over his salary, became CEO shortly after the government takeover in 2008.
Dec 16, 2011 — The suit alleges that the executives knew their agencies had much more exposure to subprime loans than investors were told.
Oct 4, 2011 — Warnings were given but action wasn't taken, an inspector general says. Read the report.
May 12, 2011 — A new bill would create private companies to replace Fannie Mae and Freddie Mac. But the government would continue to guarantee mortgages.
Mar 30, 2011 — There's widespread agreement that Fannie Mae and Freddie Mac should be abolished. But what will the mortgage market look like when they're gone?
Mar 29, 2011 — They're two of the strangest companies in U.S. history — and their bailouts cost taxpayers more than the bailouts of AIG, GM, Citigroup, Bank of America and Goldman Sachs combined.
Mar 29, 2011 — Fannie Mae and Freddie Mac grew too big to fail. Then the mortgage giants followed the subprime lending industry into the abyss.