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Subprime Lending

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  • Fannie Mae Subprime Loan Risk Rose in 2006 Thursday, 16 Aug 2007 | 10:55 AM ET

    Fannie Mae, the nation's largest source of home loan funding, increased its holdings of risky subprime loans in 2006 while its profits fell that year, the company said Thursday in a long-delayed report.

  • EU Executive Confirms Review of Credit Agency Code Thursday, 16 Aug 2007 | 7:02 AM ET

    The European Commission will review a voluntary code used by credit rating agencies as they appeared too slow in warning about problems in the U.S. subprime mortgage sector, a spokeswoman said on Thursday.