Fannie Mae and Freddie Mac sue 17 big banks over mortgages

WASHINGTON -- The US federal regulator for mortgage giants Fannie Mae and Freddie Mac Friday filed lawsuits Friday against 17 of the nation's largest banks over soured mortgage bonds, aiming to recoup billions of dollars in losses from the failed investments. The Federal Housing Finance Agency is ...

Related News:-

• Federal takeover of Fannie Mae and Freddie Mac - Wikipedia, the ...


The federal takeover of Fannie Mae and Freddie Mac refers to the placing into conservatorship of government sponsored enterprises Fannie Mae and Freddie Mac by the U.S ...

• Fannie Mae - Wikipedia, the free encyclopedia


The Federal National Mortgage Association (FNMA; OTCBB: FNMA), commonly known as Fannie Mae, was founded in 1938 during the Great Depression as part of the New Deal.

• S&P downgrades Fannie Mae and Freddie Mac - MarketWatch


BOSTON (MarketWatch) -- In connection with its downgrading of the U.S. government, ratings service Standard & Poor's early Monday likewise downgraded the senior issue ...

• Federal National Mortgage Association Fannie Mae News - Company ...


Federal National Mortgage Association Fannie Mae financial and business news, updates, and information from The New York Times and other leading providers.

• The End of Fannie Mae and Freddie Mac


ABC's Dan Arnall reports: The U.S. Treasury introduced its plans today to do away with troubled mortgage giants Fannie Mae and Freddie Mac in the coming ...

• Shelby: Fannie Mae, Freddie Mac Should Be Included In Financial Reform


WASHINGTON — A Democratic plan to rein in the financial industry is flawed because it fails to tighten control over two large government-sponsored ...

• Fannie Mae, Freddie Mac to consider new fee structure for mortgage ...


The Federal Housing Finance Agency directed Fannie Mae and Freddie Mac to work on a new payment structure for mortgage servicers in the future. Servicers are ...

• UBS Sued For Allegedly Misleading Fannie Mae, Freddie Mac Into ...


NEW YORK (Jonathan Stempel) - UBS AG (UBSN.VX) was sued by the conservator for Fannie Mae (FNMA.OB) and Freddie Mac (FMCC.OB), which accused the Swiss bank ...