Fannie Mae

Supreme Court: Mortgage overseer structure unconstitutional

By JESSICA GRESKOJune 23, 2021 GMT

WASHINGTON (AP) — The Supreme Court on Wednesday gave the president greater power to fire the head of the agency that oversees mortgage giants Fannie Mae and Freddie Mac, ruling that the agency's structure violates separation of powers principles in the Constitution.

MLBPA increases investments to $178M ahead of bargaining

By RONALD BLUMMay 11, 2021 GMT

NEW YORK (AP) — The Major League Baseball Players Association increased its liquid assets by about $19 million to $178.5 million ahead of collective bargaining that could lead to a spring training lockout next year...

Govt. expands refinancing options for low-income homeowners

By SARAH SKIDMORE SELL April 28, 2021 GMT

The Federal Housing Finance Agency on Wednesday announced a new refinance option for certain low-income borrowers, helping them take advantage of low interest rates and save money each month...

Just Approved Terry Hastings Borrowers get jumbo mortgage loan after initial rejection

Staff WriterJanuary 3, 2019 GMT

Mortgage banker: Terry

Lessons for next US financial crisis from 3 key ex-officials

By MARTIN CRUTSINGERJuly 18, 2018 GMT

WASHINGTON (AP) — Three officials who played vital roles in combating the 2008 financial crisis say they worry that the painful lessons from the banking system's near-collapse a decade ago may be forgotten...

Freddie Mac earns $5 billion in second quarter

By MARCY GORDONAugust 7, 2013 GMT

WASHINGTON (AP) — Freddie Mac earned $5 billion from April through June, the seventh straight profitable quarter for the mortgage giant.

The second-quarter gain reported Wednesday compares with net income of $3 billion in the same period of 2012.