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Banks respond to recession, layoffs

...underwriter. The underwriter may be the Veterans Administration or the Federal Home Loan Mortgage Corp. (known as Freddie Mac) or Federal National Mortgage (known as Fannie Mae), each of which would have different terms and conditions...
Pre-empt the next crisis

...big fall. That means we need to keep interest rates at rational levels. We need to largely privatize Fannie Mae and Freddie Mac, which pool mortgages into investment securities. The cruelest cut of all: We need to slash the tax giveaways that...
Payroll tax cut bill boosts cost of new mortgages giants, Fannie Mae and Freddie Mac, charge to insure home mortgages...for business with Fannie Mae and Freddie Mac, which have the backing of the...mortgages are backed by Fannie Mae, Freddie Mac and the FHA.President Barack...
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Outside Editorial: Fannie and Freddie were at heart of crisis

...lawsuit against six former top executives of Fannie Mae and Freddie Mac rightly moves the spotlight toward the government's...Enforcement Director Robert Khuzami put it, "Fannie Mae and Freddie Mac executives told the world that their subprime exposure...
From the go, roller-coaster GOP White House race

...Gingrich of "serial hypocrisy." Gingrich's ties to Freddie Mac, the federally backed mortgage company, came under...labeled Gingrich an "influence peddler," and tied his Freddie Mac connection to the housing crisis that has hit hard in...
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Con: Is President Obama hurting the economy?

...and commercial banks, AIG, the largest insurance company; and the government sponsored enterprises Fannie Mae and Freddie Mac, were effectively insolvent - owing more than their assets were worth. So what needed to be done? There are two textbook...
Outside editorial: Don't mean to HARP

...Affordable Refinance Program, was designed to help non-delinquent borrowers refinance mortgages held by Fannie Mae or Freddie Mac, even if they owed more than 80 percent of the value of their homes, up to a maximum of 105 percent. The administration...
Outside editorial: Time to pare back Fannie Mae and Freddie Mac the Dallas Morning News: Welcome to the insanity otherwise known as "reforming" mortgage giants Fannie Mae and Freddie Mac. These two entities have cost taxpayers more than $148 billion in the current housing crisis, and the latest projections...
Repealing financial reforms is all the GOP offers

...noises by running a finger over their lips. Oh, yes, financial reforms must be repealed because, uh, what about Freddie Mac and Fannie Mae? Stiglitz's eyes roll in print. The idea these public, then private, now nationalized money pits...
Dems blew election chances when Obama shifted from bold to hesitant on a large enough stimulus

...Fed has created more than $1.4 trillion and used it to buy mostly mortgage-backed securities from Fannie Mae and Freddie Mac. But inflation is still running at just 1.1 percent annually - a level that is too low, even for the Fed. By failing...


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