The two chief executives of Fannie Mae and Freddie Mac could get paid as much as $6 million for 2009, despite the companies' dismal performances this year, which cost taxpayers more than $100 billion. ...more

December 25, 2009

The federal government will not pay the ousted chief executives of mortgage finance companies Fannie Mae and Freddie Mac up to $24 million in exit packages. ...more

September 16, 2008

Shares of mortgage finance companies Fannie Mae and Freddie Mac continued their plunge Wednesday as investors became increasingly convinced that the stocks will drop to zero if the government bails out the troubled companies. ...more

August 21, 2008

The CEO of Fannie Mae, the largest financer and guarantor of U.S. home loans, predicted Tuesday that the housing market downturn is likely to persist into 2010. ...more

January 9, 2008

The chief executives of Fannie Mae and Freddie Mac on Tuesday warned that their ailing mortgage-finance companies will suffer further in 2008 because of a weakening housing market and rising home-loan defaults. ...more

December 12, 2007

The CEO of the country's biggest mortgage lender says greater government intervention is needed to rescue the U.S. housing market as his peers warn the worst is yet to come. ...more

December 4, 2007

Fannie Mae's third-quarter loss more than doubled to $1.4 billion, the mortgage finance company said Friday, while forecasting industry troubles through 2008 because of mounting home loan delinquencies. ...more

November 10, 2007