Fannie mae
Embattled mortgage lender Fannie Mae makes big changes at the top
Fannie Mae has made several leadership changes aimed at improving capital management and reducing credit losses.
Speculation is mounting in the US that the Treasury will shortly have to give direct support to Fannie Mae and Freddie Mac, as the government-sponsored enterprises’ (GSEs) equity prices plunged to...
Banks are increasingly using their IT infrastructure to increase their competitive advantage. Learn how this can work in practice.
More Fannie mae articles
US government-sponsored enterprise (GSE) Freddie Mac may reduce its mortgage guarantor activities and scale back the size of its retained portfolio of mortgage-backed securities (MBSs). The possible cutback comes on the back of a sharp drop in the share...
Sweeping new legislation empowering the US Treasury to provide Fannie Mae and Freddie Mac with virtual carte blanche to access to government lines of credit could be approved by Congress as soon as the end of this week, Treasury secretary Hank Paulson...
Treasury extends line of credit to beleaguered mortgage lenders
The US Federal Reserve has stepped in to support the struggling government-sponsored mortgage holders Fannie Mae and Freddie Mac.
Fannie Mae has posted a $2.2 billion loss for the first three months of 2008 as the government-sponsored entity continues to take a battering for its role in propping up the ailing US mortgage market.
Fannie Mae and Freddie Mac have been given the task of keeping the mortgage-backed securities market in business, with the help of the Federal Home Loan Banks. But there is concern the government-sponsored enterprises may be sacrificing their balance...
Fannie Mae, Freddie Mac and their regulator, the Office of Federal Housing Enterprise Oversight (Ofheo), have announced an initiative potentially worth $2 trillion to increase liquidity in the troubled US mortgage market. The two government-sponsored...
This handy guide reviews the various steps banks are taking to improve their risk management techniques, looking at the benefits and pitfalls of each one.
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