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Federal Home Loan Mortgage Corp

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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.

  • Fannie, Freddie dive after Senate bankers reach deal Tuesday, 11 Mar 2014 | 11:20 AM ET

    The leaders of the Senate Banking Committee on Tuesday announced an agreement on legislation to wind down government-owned mortgage financiers Fannie Mae and Freddie Mac, jump-starting a long-standing debate that could still take years to resolve.

  • 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- Mutual fund manager Bruce Berkowitz, founder of Fairholme Capital Management, is pressing the boards of the mortgage-finance giants Fannie Mae and Freddie Mac to let investors have a bigger say in how the companies are run.

  • 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.

  • NEW YORK, Feb 27- Societe Generale has agreed to pay $122 million to settle a lawsuit by a U.S. regulator accusing the bank of misleading Fannie Mae and Freddie Mac in the purchase of mortgage-backed securities.

  • NEW YORK, Feb 27- Societe Generale has agreed to pay $122 million to settle a lawsuit by the U.S. regulator for Fannie Mae and Freddie Mac over mortgage-backed securities.

  • WASHINGTON, Feb 27- Freddie Mac said on Thursday it will soon send the U.S. When it makes the payment next month, Freddie Mac will have paid about $81.8 billion in dividends in return for the $71.3 billion in support it received from the Treasury when it was bailed out during the financial crisis.

  • WASHINGTON, Feb 27- Freddie Mac said on Thursday it will soon send the U.S. When it makes the payment next month, Freddie Mac will have paid about $81.8 billion in dividends, more than the $71.3 billion it received from the Treasury when it was bailed out during the financial crisis.

  • WASHINGTON, Feb 27- Freddie Mac said on Thursday it will soon send the U.S. When it makes the payment next month, Freddie Mac will have paid about $81.8 billion more in dividends than the $71.3 billion it received from the Treasury when it was bailed out during the financial crisis.

  • Feb 25- SunTrust Banks Inc said it may attract "substantial penalties" from on an ongoing mortgage-related probe and also disclosed a new investigation by the Department of Justice, according to a regulatory filing late Monday.

  • Feb 21- Fannie Mae said on Friday that it would pay a dividend of about $7.2 billion to the U.S. Treasury next month, pushing taxpayers into the black on their bailout of the mortgage finance firm and its sister company, Freddie Mac.

  • WASHINGTON, Feb 21- Fannie Mae said on Friday it would soon send the U.S. The bailout terms for Fannie Mae and Freddie Mac force them to turn over their profits to the Treasury in the form of dividends on the controlling stake the government took when it bailed them out.

  • WASHINGTON, Feb 21- Fannie Mae said on Friday it would soon send the U.S. Treasury $7.2 billion, a profit-related dividend that makes taxpayers whole for the 2008 bailout of the mortgage-finance giant and its sibling company Freddie Mac.

  • New U.S. housing regulator hears concerns on tight credit Wednesday, 19 Feb 2014 | 6:30 PM ET

    WASHINGTON, Feb 19- The new regulator of Fannie Mae and Freddie Mac has made it a priority to meet with housing and real estate trade groups, the latest signal that he is taking their concerns about credit availability on board.

  • But in January 2012 an old business acquaintance was ready to go public with accusations of widespread mortgage fraud at Bank of America's Countrywide unit, and he turned to Wasinger.

  • Feb 14- Wells Fargo& Co, the largest U.S. mortgage lender, is tiptoeing back into subprime home loans again. The small steps from Wells Fargo could amount to a big change for the mortgage market.

  • 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.

  • Lehman settles with Freddie Mac over $1.2 bln claim Thursday, 13 Feb 2014 | 11:30 AM ET

    Feb 13- Lehman Brothers Holdings Inc settled with Freddie Mac a $1.2 billion claim, freeing up millions of dollars which will be available for distribution to the bank's creditors. Under the settlement, Lehman will make a one-time cash payment of $767 million to Freddie Mac, Lehman said in a court filing on Wednesday.

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