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  • WASHINGTON, March 11- The leaders of the U.S. Senate Banking Committee on Tuesday outlined plans for legislation to wind down government-owned mortgage financiers Fannie Mae and Freddie Mac that they said would continue to provide access to long-term, fixed-rate mortgages.

  • WASHINGTON, March 11- The leaders of the U.S. Senate Banking Committee on Tuesday outlined plans for legislation to wind down government-owned mortgage financiers Fannie Mae and Freddie Mac that they said would continue to provide access to long-term, fixed-rate mortgages.

  • March 3- Fairholme Capital Management has sent letters to the boards of U.S. government-controlled Fannie Mae and Freddie Mac seeking corporate governance actions including a halt to borrowing to pay dividends to the government.

  • March 3- Fairholme Capital Management has sent letters to the boards of U.S. government-controlled Fannie Mae and Freddie Mac seeking corporate governance actions including a halt to borrowing to pay dividends to the government.

  • Freddie Mac gets (some) money back from Lehman Thursday, 13 Feb 2014 | 12:40 PM ET
    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.

  • Who pays for college education? Not Mom and Dad Tuesday, 23 Jul 2013 | 2:38 PM ET

    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.

  • Senators Push Bill to Scrap Two Mortgage Firms Tuesday, 25 Jun 2013 | 8:06 PM ET

    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.

  • Wal-Mart vs. the Feds: Who's the Low-Wage Job King? Monday, 13 May 2013 | 9:51 AM ET

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

  • 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?     Wednesday, 13 Mar 2013 | 10:13 AM ET

    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.

  • Freddie Mac Turns First Annual Profit Since 2006 Friday, 1 Mar 2013 | 4:46 AM ET

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

  • Egan Jones Barred From Key Debt Ratings by SEC Tuesday, 22 Jan 2013 | 12:26 PM ET

    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.

  • A US-Backed Geothermal Plant in Nevada Struggles Monday, 3 Oct 2011 | 11:24 AM ET
    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.

  • Sign of Arrival, for Xinhua, Is 60 Feet Tall Wednesday, 27 Jul 2011 | 12:04 AM ET
    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.

  • Government Shutdown a ‘Plus for the Markets’ Friday, 8 Apr 2011 | 3:46 PM ET

    "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.

  • Government Sponsored Enterprise News Story Sunday, 1 Dec 2002 | 12:00 AM ET