Freddie Mac

Paulson Policy Failures

Alan Schram | Posted 11.24.2008 | Business

Read More: Citigroup, John Thain, Market Crash, Credit Crunch, Fannie Mae, Hedge Funds, Libor, S&P 500, Dollar, Fdic, Money Market Funds, Merrill Lynch, Aig, Freddie Mac, Wall Street, Bailout, Financial Services, Lehman Brothers, Business News, Banks, Financial Crisis, Henry Paulson, Warren Buffett, Bear Stearns, Bank Deposits, Subprime Mortgages, Saving Money, Dow, Business News
Alan Schram

The Treasury's policy did nothing to build confidence or stabilize the markets. The precipitous drop of the equity markets in October and November are the market's judgment on their policies.

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Fannie Mae, Freddie Mac Halting Foreclosures During Holidays

AP | ALAN ZIBEL | Posted 11.20.2008 | Business

Read More: Freddie Mac, David Moffett, Freddie Mac Foreclosures, Fannie Mae, Housing Crisis, Fannie Mae Foreclosures, Business News

WASHINGTON — Mortgage finance companies Fannie Mae and Freddie Mac are suspending foreclosures for about 16,000 households during the holiday se...

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It's the Mortgages: How to Restore the Health and Stability of the Economy

Graciela Chichilnisky | Posted 11.17.2008 | Business

Read More: Mortgages, Freddie Mac, Defaults, Bailout, Mortgage Crisis, Financial Crisis, Fannie Mae, Credit Default Swaps, Fannie Mae Freddie Mac Bailout, Mortgage Defaults, Alan Greenspan, Business News
Graciela Chichilnisky

The true root cause of the financial crisis starts with the continued defaults on mortgages that magnify and snowball throughout the entire financial system.

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Lobbyists Are Good People, Too

Lanny Davis | Posted 11.17.2008 | Business

Read More: Freddie Mac, Good Lobbyists, Lobbying, Lobbyists, Transparent Lobbyists, Financial Crisis, Girl Scouts of America, Fannie Mae, American Cancer Society, Business News
Lanny Davis

Without lobbyists, government could not function efficiently and perhaps not at all, going all the way back to George Washington.

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Freddie Mac Asks Government For $13.8 Billion

AP | ALAN ZIBEL | Posted 11.14.2008 | Business

Read More: Mortgages, Freddie Mac, Freddie Mac Bailout, Bailout, Finance, Economy, Financial Crisis, Federal Reserve, Housing Crisis, Mortgage Crisis, Business News

WASHINGTON — Freddie Mac is asking for an initial injection of $13.8 billion in government aid after posting a massive quarterly loss Friday. T...

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Fannie and Freddie Offer Thin Lifeline to Homeowners

Mark Winston Griffith | Posted 11.12.2008 | Business

Read More: Housing Crisis, Fannie Mae, Financial Crisis, Homeowners, Subprime Mortgages, Freddie Mac, Subprime Mortgage Crisis, Business News
Mark Winston Griffith

Think of it this way. The American homeowner is underwater and drowning, and Fannie and Freddie have just thrown in a spool of thread to pull them out.

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Critics say new federal mortgage plan not enough

AP | ALAN ZIBEL | Posted 11.12.2008 | Business

Read More: Homeowner Aid, Mortgages, Fha, Freddie Mac, Finance, Economy, Financial Crisis, Fannie Mae, Streamlined Modification Program, Mortgage Crisis, Business News

WASHINGTON — Once again, the government has offered another plan to help troubled homeowners. Once again, critics say it doesn't go far enough. ...

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Streamlined Modification Program: The New Homeowner Bailout From Fannie Mae And Freddie Mac

AP | ALAN ZIBEL | Posted 11.11.2008 | Business

Read More: Mortgages, Mortgage Crisis, Finance, Financial Crisis, Economy, Fannie Mae, Freddie Mac, Gses, Homeowner Aid, Homeowner Bailout, Bailout, Streamlined Modification Program, Business News

WASHINGTON — Once again, the government has offered another plan to help troubled homeowners. Once again, critics say it doesn't go far enough. ...

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Why Should I Care About the Nice Guys When the SOB's Have Screwed Up the Economy?

Russ Edelman | Posted 11.07.2008 | Business

Read More: Economy Nice Guys, Financial Crisis, Whistleblowers, Freddie Mac, Silent Employees, Business Ethics, Business News
Russ Edelman

By learning how to speak up, confront situations and make choices, overly nice guys can help break the downward slide in this economy.

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Bailout Votes Could Hurt Congressional Candidates

AP | Dennis Conrad | Posted 10.14.2008 | Chicago

Read More: Bill Foster Jim Oberweis, Fannie Mae, Jim Oberweis, Bailout Vote, Peter Roskam, Jill Morgenthaler, Illinois Delegation Bailout Votes, Judy Biggert, Judy Biggert Bailout Switch, Freddie Mac, Bailout, Bill Foster, Illinois Bailout Vote, Illinois Congressional Races, Fannie Mae Freddie Mac Bailout, Scott Harper, Chicago News

WASHINGTON - The nation's economic uncertainty is creating political uncertainty for a few Illinois politicians running for re-election. Congressiona...

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Jason Linkins

McClatchy Bluntly Shoots Down Fannie/Freddie Myths

HuffingtonPost.com | Jason Linkins | Posted 10.13.2008 | Politics

Read More: Freddie Mac, Media Criticism, Fannie Mae, Mcclatchy, Media Honor Roll, Politics News

One gets so inured to the silly way of doing business in the media, where the obsessive need to "balance" the scales on any given topic has overwhelme...

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McCain's Letter "Warning Exactly of This Crisis"

ProPublica | Posted 10.10.2008 | Home

Read More: Fannie Mae, John McCain, Freddie Mac, Subprime Mortgage Crisis, Barack Obama, Home News
ProPublica

by Jesse Nankin, ProPublica Yesterday we reported on letters referred to by Barack Obama and John McCain during the second presidential debate. We ha...

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What Letter was McCain Referring To?

ProPublica | Posted 10.09.2008 | Politics

Read More: Fannie Mae, John McCain, Freddie Mac, Subprime Mortgage Crisis, Barack Obama, Politics News
ProPublica

Sen. McCain said at the debate that he had written a letter "warning of exactly this crisis." As far as we can tell, this was the first reference McCain has made of such a letter, and we couldn't find it.

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Republican's View: Not McCain's Night

Christopher Ingram | Posted 10.08.2008 | Politics

Read More: George Bush, 411 Communications, Al Gore, Democrat, Congress, Debate, John McCain, Treasury Secretary, Chris Ingram, Nbc, Town Hall, Barack Obama, Election, Econony, Joe Sixpack, Television, Communications Style, Freddie Mac, Wall Street, Tom Brokaw, Ceo, Republican, Banks, Bill Cliton, Real People, ABC News, Irreverent View, Politics News
Christopher Ingram

Simply put, McCain left his "A" game at the office. In failing to land the needed body-blow, Obama gets the win. And while Obama's was a technical win, he did not perform poorly.

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Financial Crisis Bailout Riddled With Conflicts of Interest

Raymond J. Learsy | Posted 10.07.2008 | Business

Read More: Wall Street Crisis, Freddie Mac, Hank Paulson, Wall Street, Bloomberg, Fannie Mae, Pimco, Bailout, Bill Gross, New York Times, William H. Gross, Business News
Raymond J. Learsy

The people with the same rapacious mindset that got us to this dangerous place at huge profit to themselves are now being asked by Paulson to serve themselves up to another helping.

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Fox News: Barney Frank Escaped Blame for Fannie Mae's Problems Because He Is Gay

David Fiderer | Posted 10.06.2008 | Media

Read More: Karl Rove Fox News, Karl Rove, Freddie Mac, Subprime Mortgage Crisis, Barney Frank, Mortgage Crisis, Fannie Mae, Fox News, Bill O'Reilly, Brit Hume, Fox News Sunday, Media News
David Fiderer

Did a Fox news executive decide to go after Congressman Frank because O'Reilly was embarrassed in front of 800,000 people who caught the meltdown on YouTube?

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NOW THE FUN BEGINS: IMPOSSIBLE CONFLICTS?

Jim Randel | Posted 10.04.2008 | Business

Read More: Fannie Mae, Wall Street Crisis, Freddie Mac, Wall Street, Business, Bailout, Economy, Business News
Jim Randel

As most expected, the bailout provision did pass and is now law. And now the fun begins as our government is about to engage in an outsourcing binge ...

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TRY THIS TRUE-FALSE TEST

Jim Randel | Posted 10.03.2008 | Business

Read More: U.S. Economy, Finance, Freddie Mac, Federal Reserve, Fannie Mae, Bailout, Housing Crisis, Subprime Mortgages, Business News
Jim Randel

In my last post, I whined that no one in government was doing an adequate job of educating the public about the arguments for and against the bailout ...

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Behind Wall Street's Collapse

Walden Bello | Posted 10.02.2008 | Business

Read More: Merrill Lynch, Bailout, Wall Street, Rosa Luxemberg, Cdos, Wall Street Bailout, International Monetary Fund, Argentina, Reaganism, Collatorized Debt Obligations, International Financing Review, Klaus Schwab, Internet Bubble, Imf, Stock Market, Dean Baker, Great Depression, World Economic Forum, Financialization, Technology-Stock Bubble, Economic Bubble, Bankruptcy, Golden Age of Contemporary Capitalism, Brazil, Fannie Mae, U.S. Treasury Department, Recession, Financial Collapse, Freddie Mac, Subprime Mortgages, Ben Bernanke, Neoliberal Restructuring, China, Business News
Walden Bello

In a nutshell, the Wall Street meltdown is not only due to greed and to the lack of government regulation of a hyperactive sector.

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John McCain: Economic Disaster

Robert Greenwald | Posted 09.30.2008 | Politics

Read More: Freddie Mac, Phil Gramm, Depression, John McCain, Bailout, Meltdown, Economy, Rick Davis, Financial Crisis, George Bush, Wall Street, Recession, Wall Street Crisis, Politics News
Robert Greenwald

McCain is being deceitful with his sudden populist message and support for regulation; his economic policies still favor our nation's wealthy elite.

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Fannie, Freddie Foil Huge Chicago Bank Holding Company

Crain's Chicago Business | Steve Daniels | Posted 09.29.2008 | Chicago

Read More: Michael Dunning, FBOP Corp., Fannie Mae, Freddie Mac, Park National Bank, Michael Kelly, Chicago News

FBOP Corp., Chicago's second-largest bank holding company, says it will write down a big investment in Fannie Mae and Freddie Mac as the federal takeo...

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Freddie Mac Money Trail Catches Up With McCain

Newsweek | Posted 09.28.2008 | Politics

Read More: Freddie Mac, Rick Davis, Mccain Rick Davis, McCain Lobbyists, Rick Davis Freddie Mac, Mccain Freddie Mac Lobbyists, Mccain Freddie Mac, Rick Davis Lobbying, Politics News

Few advisers in John McCain's inner circle inspire more loyalty from him than campaign manager Rick Davis. McCain and his wife, Cindy, credit the shre...

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Conservatives Race Bait the Economic Meltdown

John Ridley | Posted 09.26.2008 | Politics

Read More: U.S. Economy, Economy, Mortgage Crisis, Fannie Mae, Minority Lending, Race Baiting, Michelle Malkin, Race, Fox News Racism, Subprime Mortgages, Freddie Mac, Conservatives, Subprime Mortgage Crisis, Fox News, Racism, Neil Cavuto, Republicans, Politics News
John Ridley

As the US economy continues to crater, there's plenty of blame to go around. Apparently, way around.

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Business Plan That Will Immediately Restore Real Estate Values

Grant Cardone | Posted 09.26.2008 | Business

Read More: Aig, Freddie Mac, Bailout, Economy, Paulson, Bernanke, Housing, Fannie Mae, Real Estate, Recession, Business News
Grant Cardone

A bailout that doesn't include getting products off the books of the government and and into the hands of investors or buyers that are willing and qualified to bear the risk of ownership will fail.

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How Can Capitalism Ever Be The Same?

Weekly Standard | Irwin M. Stelzer | Posted 09.26.2008 | Business

Read More: Aig, Freddie Mac, Finance, Economy, Bailouts, Banks, Federal Reserve, Fannie Mae, Henry Paulson, Bailout Plan, Wall Street Crisis, Wall Street, Business News

NO MATTER WHAT deal is finally cut between Hank Paulson, the Democrats, and unhappy conservative Republicans, or even if no deal at all is finally wo...

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