Congress Government Sponsored Enterprise

  • NEW YORK, March 10- While millennials have a lot to learn about managing money, a new survey shows a rosy picture of college students who are working, paying their bills on time without their parents' help, avoiding debt and hungry for more knowledge. The survey released on Thursday by Sallie Mae on how U.S. college students manage their finances found that 77 percent...

  • U.S. Chief Technology Officer (CTO) Megan Smith.

    The United States' chief technology officer, Megan Smith, took the stage at one of the largest gatherings of women in technology.

  • Best cities for start-ups

    These heartland cities are the best for entrepreneurs.

  • Tanks that hold the water to be filtered through the desalination machines at the Desal Prize test site in Alamogordo, NM.

    Tech competitors have converged on New Mexico to help the developing world——and maybe drought-stricken California.

  • Jack Ma, founder of Alibaba Group Holding Ltd. at the 2014 CGI annual meeting in New York.

    Jack Ma struck a populist tone at the Clinton Global Initiative on Tuesday, saying Alibaba will continue to focus on small and mid-sized partners.

  • Bill Ackman

    In the complaint, Pershing Square alleged that Treasury illegally seized tens of billions of dollars in Fannie and Freddie profits.

  • The FHFA filed 18 lawsuits against Goldman and other banks in 2011 over about $200 billion in mortgage-backed securities that later went sour.

  • U.S. Department of Justice, Washington, D.C.

    Sallie Mae has reached a $60 million settlement with the government to resolve allegations that it overcharged military service members.

  • September 15, 2008, the day the 150-year-old Lehman Brothers declared bankruptcy.

    Lehman will pay $767 million in cash to Freddie Mac, settling a dispute over loans it was scheduled to pay the day it declared bankruptcy.

  • Scholarships and grants have trumped parental contributions as the No. 1 source of paying for college for the first time in four years, according to a new report.

  • Fannie Mae

    A bipartisan group of U.S. senators on Tuesday introduced a bill to abolish Fannie Mae and Freddie Mac and replace them with a government reinsurer of mortgage securities.

  • Waitress diner

    The federal government is better at creating low-paying jobs than Wal-Mart and McDonald's combined, says a new report.

  • Aging Populations Pose Global Entitlement Problems

    Marko Mrsnik, S&P analyst, reveals the results of a new study that shows over the long-term, current policies for aging care are not sustainable.

  • USDA Sugar Bailout?

    The government is considering buying 400-thousand tons of sugar to stave off a wave of defaults by sugar processors, reports Hampton Pearson.

  • Fannie Mae and Freddie Mac will form a joint venture for securitizing home loans that could end up replacing the two government-controlled mortgage finance giants.

  • U.S. government-run mortgage finance provider Freddie Mac earned $11 billion last year, the first annual increase in its net income since 2006.

  • Sean Egan: Debt Ceiling Threat Is 'Manageable'

    Credit rating firm Egan-Jones and its founder agreed to be barred for 18 months from rating asset-backed or government securities to resolve charges they lied on registration forms.

  • U.S. Senate Majority Leader Harry Reid (D-NV) speaks during the National Clean Energy Summit 4.0 on August 30, 2011 in Las Vegas, Nevada.

    In a remote desert spot in northern Nevada, there is a geothermal plant run by a politically connected clean energy start-up that has relied heavily on an Obama administration loan guarantee and is now facing financial turmoil. The New York Times reports.

  • Police activity in Times Square, New York City, NY.

    One of the most prominent advertising spaces in Times Square is soon to be occupied by a Chinese brand. Xinhua, the news agency operated by the Chinese government, is leasing a giant sign, known as a spectacular, on 2 Times Square, the building that is the northern anchor of the district. The NYT reports.

  • capitol_building_wallst_mainst.jpg

    "The idea that Congress is so dysfunctional that they can't cut their budget by more than 1% or 2%, when you contrast that to the re-pricing of the entire housing stock for the U.S., it's a complete disconnect."  ...A report from TheStreet.