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Fannie Mae

A collection of news and information related to Fannie Mae published by this site and its partners.

Top Fannie Mae Articles

Displaying items 13-24
  • Mortgage settlement gets mixed reviews

    Mortgage settlement gets mixed reviews
    Deatrice S. Besong says it feels like winning the lottery: Her mortgage servicer recently agreed to reduce her loan by $249,000 next year, saving her $300 a month and erasing the debt overhang that has her owing far more than her house is worth. "It's...
  • Mortgage settlement: not enough relief

    Mortgage settlement: not enough relief
    Almost a year after five big banks signed a $25 billion national mortgage settlement with 49 state attorneys general last February, too few families are getting relief, too many of those getting some help continue to lose their homes to short sales, and...
  • Calling Obama on his lie: Bush tax cuts did not cause the economic crisis

    Calling Obama on his lie: Bush tax cuts did not cause the economic crisis
    "Now Gov. Romney believes that with even bigger tax cuts for the wealthy, and fewer regulations on Wall Street, all of us will prosper. In other words, he'd double down on the same trickle-down policies that led to the crisis in the first place." --...
  • Bush deserves the criticism he's getting

    Bush deserves the criticism he's getting
    When I read Stanley J. Glinka's recent letter defending the presidency of George W. Bush I wanted to laugh, but it was 6 a.m. and I did not want to wake up my still sleeping wife ("Stop blaming Bush," May 1). Now I know how people like Michele...
  • Gansler wants new Fannie, Freddie leadership

    Gansler wants new Fannie, Freddie leadership
    Maryland Attorney General Douglas F. Gansler and nine other attorneys general sent a letter Monday to President Obama and the U.S. Senate’s leaders demanding new management at the government entity that oversees Fannie Mae and Freddie Mac. The...
  • Helping the homeless, one step at a time

    Students, staff and community members at Scotchtown Hills Elementary and St. Mary of the Mills School are helping combat homelessness, one step at a time. Both schools are hosting Help the Homeless Community Walks Friday, Oct. 16, to raise awareness...
  • Mortgage fraud led to foreclosure for six Upper Fells homes

    A Baltimore man pleaded guilty in federal court Friday to conspiracy to commit wire fraud because he and others secured mortgages for six homes in Upper Fells Point with fraudulent information, prosecutors announced. Kenneth Koehler, 42, and his co-...
  • Some in Laurel facing sequestration with optimism, others brace for trickle-down effect

    Some in Laurel facing sequestration with optimism, others brace for trickle-down effect
    When Congress and the White House failed to make a deal on budget cuts March 1, sequestration went into effect, requiring federal agencies to identify $85 billion in required cuts. The looming reductions, which will be spread across agencies —...
  • FHA policies helped cause foreclosure crisis

    FHA policies helped cause foreclosure crisis
    Imagine that a federal agency wanted to hurt America's working-class families on purpose. How would it inflict maximum damage? It might start by aggressively marketing homeownership to marginal borrowers. It would tell them that bad credit scores aren't...
  • Delaney, state's newest congressman, starts term

    Delaney, state's newest congressman, starts term
    Maryland's newest member of the House of Representatives, Democrat John Delaney, was sworn into office Thursday amid a flurry of symbolism and celebration but also apprehension over issues left unresolved by the last Congress. The Potomac banker, who...
  • Underwater on the mortgage, stationed away from home

    Underwater on the mortgage, stationed away from home
    Air Force Maj. Justice Sakyi's change-of-station orders to Germany came with a built-in dilemma: what to do about his family's home in Maryland. He and his wife, Olivia, bought the single-family house in Bowie in early 2006, near the height of the...
  • Fannie and Freddie are crucial to the rental market, too

    Fannie and Freddie are crucial to the rental market, too
    Fannie Mae and Freddie Mac have been the underpinnings of American homeownership for decades, but now, thanks to their role in the collapse of the housing market, they are being targeted for massive reform or elimination. But as leaders in Congress and...