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Fannie Mae Makes Biggest Profit Since 2008
In a huge turnaround, mortgage giant Fannie Mae pulled in $2.7B in profit during Q1 of 2012.
Top News Headlines: Obama Endorses Gay Marriage
Other headlines: Russian plane disappears from radar; Fannie Mae posts Q1 profit; USPS backs off plans to close rural post offices.
DJIA: Wall Street Falls for 5th Day in Six, Macy's Beats Earnings Expectations But Still Disapoints
Stocks fell on Wednesday for the fifth day in six as investors kept Europe's recent turmoil in focus, but news that Greece will get its latest...
Housing to Fall 3%-4%, Bottom in 2013, Simon Says
April 24 (Bloomberg) -- Scott Simon, head of mortgage- and asset-backed debt at Pacific Investment Management Co., talks about the outlook for...
FHFA's DeMarco on Mortgage Debt Forgiveness
March 28 (Bloomberg) -- Edward DeMarco, acting director of the Federal Housing Finance Agency, talks about potential forgiveness on underwater...
Fannie, Freddie Under Renewed Pressure Over Foreclosures
CA's Attorney General is asking Fannie Mae and Freddie Mac to reduce the amount of money struggling homeowners have to pay on existing mortgages.
Fannie and Freddie Rack Up Millions in Attorneys' Fees
Government-backed mortgage lenders Fannie Mae and Freddie Mac spend millions for fees defending their executives.
Fannie Mae Chief Executive Williams Stepping Down
Jan. 11 (Bloomberg) -- Michael J. Williams will step down as chief executive officer of Fannie Mae, the mortgage finance guarantor controlled ...
Wallison on Fannie, Freddie Role in 2008 Crisis
Dec. 22 (Bloomberg) -- Peter Wallison, co-director of financial policy studies at the American Enterprise Institute, talks about the Securitie...
Fortress CEO Mudd Takes Leave Amid Fannie Lawsuit
Dec. 21 (Bloomberg) -- Daniel Mudd will take a leave of absence as chief executive officer of Fortress Investment Group LLC after he was sued ...
