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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
Fannie Mae plans to pay retention bonuses of at least $1 million to four key executives as part of a plan to keep hundreds of employees from leaving the government-controlled company. ...more
March 18, 2009
Consumer Confidence Tanks Confidence in the economy hit a record low in February as job were lost and retirement accounts shrank. ...more
February 25, 2009
WASHINGTON — Once again, the government has offered another plan to help troubled homeowners. Once again, critics say it doesn't go far enough. ...more
November 11, 2008
WASHINGTON - A federal grand jury is investigating accounting and disclosure issues at Fannie Mae and Freddie Mac, the mortgage finance companies said Monday. ...more
September 29, 2008
Home prices in July fell 5.3 percent compared with a year ago, a government agency said Tuesday, and have now receded to October 2005 levels. ...more
September 24, 2008
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
Congratulations, or perhaps condolences, fellow taxpayers. On Sunday we all became mortgage bankers. ...more
September 9, 2008
The Bush administration, acting to avert the potential for major financial turmoil, announced Sunday that the federal government was taking control of mortgage giants Fannie Mae and Freddie Mac. ...more
September 8, 2008
The Bush administration, acting to avert the potential for major financial turmoil, says the federal government was taking control of mortgage giants Fannie Mae and Freddie Mac. ...more
September 7, 2008
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