More Fannie Mae and Freddie Mac Articles

  • Fannie, Freddie post profits in 2Q; pay dividends

    WASHINGTON (AP) — Government-controlled mortgage companies Fannie Mae and Freddie Mac posted profits for the April-June period as the U.S. housing market continued to recover. Gains in recent years have enabled them to fully repay their government aid after being rescued during the financial...

  • Fannie Mae earns $3.7B in 2Q; paying $3.7B to US

    WASHINGTON (AP) — Fannie Mae is reporting net income of $3.7 billion from April through June as the housing market continued to recover. Though the government-controlled mortgage giant reported its 10th straight profitable quarter Thursday, the second-quarter profit was down 63 percent from...

  • Fannie Mae worker sentenced for taking kickbacks

    IRVINE, Calif. (AP) — An Orange County employee of Fannie Mae has been sentenced to 15 months in federal prison for taking kickbacks from a real estate broker who sold properties on behalf of the mortgage giant. The U.S. Attorney's office says 45-year-old Armando Granillo was also ordered...

  • Dodd-Frank at war with itself

    The difficulty of Dodd-Frank implementation is not primarily the regulators' fault; the problem comes from Dodd-Frank's determination to rely on government regulation as a cure for government policy distortions. Instead, let's work on getting rid of the distortions that encourage people to behave...



From the Weekly Standard

  • No Law, No Order

    Ferguson, Mo.

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  • No Reply from America?

    On Tuesday, August 19, an American citizen, James Foley, was savagely killed. The group of jihadists known as ISIL had previously killed and brutalized tens of thousands of non-Americans. But they...

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  • Bartleby, the President

    President Obama insists Republican opposition to his policies has forced him to boycott Congress and resort to governing by executive order. This is only partially true. Yes, Republicans strongly...

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