Commercial banks reduce borrowing from Federal Reserve's emergency lending program Banks borrowed slightly less from the Federal Reserve's emergency lending program over the ...
Fannie Mae could need $5.2 billion in more aid after gov't thwarts tax credit sale plan Fannie Mae said Monday it may have ...
NEW YORK (Reuters) - Fannie Mae, the largest provider of funding for U.S. home loans, said on Thursday bad mortgages and a federal foreclosure prevention program left it with a $18.9 billion loss, forcing it to tap the Treasury again to plug ...
FILE- In this July 11, 2008 file photo, a sign in front of the Fannie Mae headquarters in Washington is seen. Seized by federal regulators 14 months ago, the problems at Fannie Mae and sibling company Freddie Mac have proven far worse ...
Fannie Mae asks for $15 billion in US aid after posting $19.8 billion third-quarter loss Fannie Mae is asking for an additional $15 billion in government aid after posting another big loss in the third quarter as the taxpayer bill from the ...
US state-controlled mortgage lender Fannie Mae posted Thursday another multibillion-dollar quarterly loss and said it needed an additional 15 billion dollars in taxpayer funds. Fannie Mae reported a net loss of 18.9 billion dollars in the third quarter, 35 percent smaller than ...
Fannie Mae to allow troubled borrowers to hand over deeds to homes and then rent Can't pay the mortgage? You still might be able to stay in your home. Government-controlled mortgage company Fannie Mae is going to give borrowers on the verge ...
Commercial banks increase borrowing from Federal Reserve's emergency lending program Banks borrowed slightly more from the Federal Reserve's emergency lending program over the past week, while reducing their use of other credit programs designed to ease the financial crisis. The Fed said ...
NEW YORK (Reuters) - Warren Buffett's Berkshire Hathaway Inc <BRKa.N> has joined Goldman Sachs Group Inc <GS.N> in a bid to buy $3 billion in tax credits from mortgage giant Fannie Mae, the Wall Street Journal's website reported, citing people familiar with ...
Report: Goldman Sachs considers buying credits from Fannie Mae to help lower tax bill Wall Street giant Goldman Sachs Group Inc. is reportedly in talks to buy tax credits from Fannie Mae, a government-controlled mortgage financier. The Wall Street Journal reported Monday ...
NEW YORK (Reuters) - Goldman Sachs Group Inc is in talks to buy millions of dollars of tax credits from Fannie Mae, but the U.S. Treasury could block the deal, The Wall Street Journal reported on Sunday. Goldman hopes to win approval ...
Fed’s short-term gain will likely lead to long-term pain Below is an excerpt from a commentary originally posted at www.speculative-investor.com on October 22, 2009. Even within the ranks of analysts who have some understanding of the problems caused by fiscal and monetary ...
