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  • WASHINGTON, Jan 28- President Barack Obama will renew his call on Tuesday to wind down mortgage-finance giants Fannie Mae and Freddie Mac and revamp the housing finance system to include a more limited government backstop, the White House said.

  • WASHINGTON, Jan 22- The Obama administration on Wednesday argued against expanding a program that allows some borrowers with Fannie Mae and Freddie Mac loans to lower their interest rates even if they owe more than their homes are worth.

  • Jan 15- Citigroup Inc said that it will sell mortgage servicing rights of $10.3 billion Fannie Mae residential first mortgage loans as the bank looks to reduce its assets and expenses within Citi Holdings.

  • WASHINGTON, Jan 14- A U.S. government watchdog is involved in an investigation of whether bank traders manipulated markets and engaged in front running of orders from Fannie Mae and Freddie Mac in the interest-rate swaps market, according to an FBI intelligence bulletin reviewed by Reuters.

  • Jan 13- Wall Street traders may be manipulating a key derivatives market and front running Fannie Mae and Freddie Mac, hurting the US-owned mortgage giants in the process, according to an FBI intelligence bulletin reviewed by Reuters.

  • Dec 30- Wells Fargo& Co will pay a net $541 million to Fannie Mae to settle claims over defective home loans, completing the government-controlled mortgage company's efforts to have banks buy back troubled loans made before the financial crisis.

  • Dec 30- Wells Fargo& Co, the fourth-largest U.S. bank by assets, said it would pay $591 million to Fannie Mae to substantially settle all repurchase liabilities related to loans sold to the government-controlled mortgage company before Jan. 1, 2009.

  • The North Carolina Democrat was nominated by President Barack Obama in May and confirmed on Dec. 10 by the Senate to head the agency that oversees Fannie Mae and Freddie Mac.

  • Fannie Mae and Freddie Mac, the two taxpayer-owned mortgage finance companies, will increase their guarantee fees in 2014 as part of an effort to reduce their presence in the mortgage market. The Federal Housing Finance Agency announced the policy last week, and Fannie Mae and Freddie Mac laid out the specifics of how the new fees would work late on Monday.

  • The regulator for taxpayer-owned Fannie Mae and Freddie Mac unveiled a plan in which the two mortgage finance giants would have to gradually reduce the maximum size of U.S. home loans they can buy.

  • The regulator for taxpayer-owned Fannie Mae and Freddie Mac unveiled a plan in which the two mortgage finance giants would gradually reduce the maximum size of U.S. home loans they buy.

  • *Watt will replace FHFA Acting Director Edward DeMarco. WASHINGTON, Dec 10- The U.S. Senate on Tuesday confirmed Representative Mel Watt to lead the agency that regulates taxpayer-owned mortgage financiers Fannie Mae and Freddie Mac, providing greater leeway for the Obama administration's mortgage aid initiatives.

  • U.S. Senate approves Watt as housing finance regulator Tuesday, 10 Dec 2013 | 5:56 PM ET

    WASHINGTON, Dec 10- The U.S. Senate on Tuesday confirmed Representative Mel Watt to lead the agency that regulates taxpayer-owned mortgage financiers Fannie Mae and Freddie Mac, providing greater leeway for the Obama's administration's mortgage aid initiatives. The Senate voted 57-41 to confirm Watt as the regulator of the Federal Housing Finance Agency.

  • Dec 6- PNC Financial Services Group Inc will pay Freddie Mac $89 million to resolve all repurchase liabilities on home loans sold to the government-backed housing agency through the end of 2008.. Earlier this week, Bank of America said it settled with Freddie Mac on all claims arising from residential mortgages sold to the agency through the end of 2009..

  • Dec 2- Bank of America said it settled all claims with Freddie Mac arising from residential mortgages sold to the government-backed housing agency through the end of 2009..

  • WASHINGTON, Nov 26- The maximum size of U.S. home loans that taxpayer-owned Fannie Mae and Freddie Mac can buy will hold steady next year, their regulator said on Tuesday, deferring a decision on when to pull back government support for the housing market.

  • Nov 20- The United States rejected Fairholme Capital Management's recapitalization proposal of Fannie Mae and Freddie Mac, saying the only way to revamp the home loan market is through proper housing finance reform, according to Gene Sperling, a senior adviser to the president.

  • Nov 15- Activist investor Bill Ackman's Pershing Square hedge fund has invested half a billion dollars to acquire stakes of nearly 10 percent each in Freddie Mac and Fannie Mae, the latest big investor this week to buy into the mortgage finance companies.

  • WASHINGTON, Nov 15- The leaders of the U.S. Senate Banking Committee appear unlikely to meet their goal of producing a bill by year-end that would wind down major mortgage finance companies Fannie Mae and Freddie Mac, given the shrinking timeline and the tricky politics.

  • Nov 15- Activist investor Bill Ackman's Pershing Square hedge fund has invested half a billion dollars to acquire stakes of nearly 10 percent each in Freddie Mac and Fannie Mae, the latest big investor this week to buy into the mortgage finance companies.

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