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Treasury removes cap for Fannie, Freddie
The government has handed its ATM card to beleaguered mortgage giants Fannie Mae and Freddie Mac. Comment?
US lifts limits for financial aid to mortgage giants
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* Since takeover, govt has provided $60 billion to Fannie Mae and $51 billion to Freddie Mac to keep them from being insolvent WASHINGTON: The US government has pledged virtually unlimited aid to mortgage finance giants Fannie Mae and Freddie Mac ... Comment?
... Fannie and Freddie aid 12/25/2009 8:24am The government has handed its ATM card to beleaguered mortgage giants Fannie Mae and Freddie Mac. Scientists study car safety for pregnant women 12/25/2009 8:45am Shifting the focus from infants and children ... Comment?
U.S. Uncaps Fannie, Freddie Support
Close See a sample reprint in PDF format. Order a reprint of this article now DECEMBER 25, 2009, 11:24 A.M. ET U.S. Uncaps Support for Fannie, Freddie By JESSICA HOLZER and MICHAEL R. CRITTENDEN WASHINGTON -- The U.S. Treasury said it would provide capital as needed to Fannie Mae and Freddie Mac over the next three years, effectively opening its ... Comment?
New Aid for Fannie and Freddie
Just as the nation's biggest banks repay their taxpayer lifelines, the government said Thursday it would offer significant new financial support to Fannie Mae and Freddie Mac, the beleaguered mortgage giants, no matter how badly they perform in the next few years. Comment?
Huge Bonuses for Failed Fannie, Freddie Mortgage Chiefs
Huge Bonuses for Failed Fannie, Freddie Mortgage Chiefs AP/The Australian The two chief executives of Fannie Mae and Freddie Mac could get paid up to $6 million each for 2009, despite the companies' dismal performance this year, which cost US taxpayers more than $100 billion. Comment?
... to loan more mismanaged money to those who cannot afford it. By removing the $400 billion cap on the backing of Fannie Mae and Freddie Mac. The creation of a new and more debt sponsored breakdown in the economy is assured. At a time when "TAX AND ... Comment?
U.S. mortgage giants may getter bigger still
As with many giants, it's hard to cut Fannie Mae and Freddie Mac down to size. The government, which controls the mortgage behemoths, planned to shrink them by 10 percent in 2010. Comment?
Fannie and Freddie CEOs to get up to $6M in pay
The two chief executives of Fannie Mae and Freddie Mac could get paid as much as $6 million each for 2009, despite the companies' dismal performance this year which cost taxpayers more than $100 billion. Comment?
... cap for Fannie, Freddie aid NEW YORK -- The government has handed its ATM card to beleaguered mortgage giants Fannie Mae and Freddie Mac. The Treasury Department said Thursday it removed the $400 billion financial cap on the money it will provide to ... Comment?
Treasury removes ($400 billion) cap for Fannie and Freddie aid
The government has handed its ATM card to beleaguered mortgage giants Fannie Mae and Freddie Mac. Comment?
Judith Haney, Veteran Real Estate Appraiser, ...
With the recent announcement of Fannie Mae's CEO's, Michael Williams, receipt of $900,000 in salary, $3.1 million in deferred payments next year, and another $2 million if he meets certain performance goals; and, the further announcement by the Treasury Department that Fannie's financial cap was recently removed, Judith Haney, a 26-year veteran ... Comment?
Judith Haney, Veteran Real Estate Appraiser, Cites Continued Gross...
Haney takes issue with Williams' mega salary and bonus, calling it "an intolerable and ridiculous waste of taxpayer funds," and, she cites an example of Fannie's gross mismanagement by sharing a recent experience she had with a fourth party sub-contractor hired by a third party Fannie Mae contractor to obtain review appraisal services from her for ... Comment?
Merry Christmas, Fannie and Freddie: Treasury Support Increased
... you may not have known ( Christie/Shenn, Bloomberg ) The U.S. Treasury Department will remove the caps on aid to Fannie Mae and Freddie Mac for the next three years, to allay investor concerns that the companies will exhaust the available government ... Comment?
Fannie / Freddie - What Does Treasury Know?
On Christmas Eve one would think you could have a nice evening with your family. Comment?
Fannie, Freddie Freed From Caps on Government Assistance for Three Years
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The U.S. Treasury Department will remove the caps on aid to Fannie Mae and Freddie Mac for the next three years, to allay investor concerns that the companies will exhaust the available government assistance. Comment?
Treasury lifts cap on aid to Fannie, Freddie: WSJ
The U.S. Treasury agreed to provide Fannie Mae and Freddie Mac with as much capital as they need over the next three years, in an effort to reassure the investors who bought the giant mortgage companies' debt, The Wall Street Journal reported. Comment?
Mortgage giants' CEOs could make $6M for '09
The two chief executives of Fannie Mae and Freddie Mac could get paid as much as $6 million for 2009, despite the companies' dismal performances this year which cost taxpayers more than $100 billion. Comment?
Fannie, Freddie Chiefs May Get $6 Million
The chief executives for battered Fannie Mae and Freddie Mac will get as much as $6 million each in annual compensation, regulatory filings indicated Thursday. Comment?
Odd Couple Demands Probe of Rahm Emanuel
Two strange bedfellows have asked Attorney General Eric Holder to investigate President Obama's right-hand man, chief of staff Rahm Emanuel, for his potential role in the near collapse of mortgage giants Fannie Mae and Freddie Mac, just as Treasury lifts the cap on their bailout money. Comment?