The article discusses a class action suit against Freddie Mac filed under the Employee Retirement Income Security Act. A proposed settlement agreement was announced by Freddie Mac that would include a $4.65 million payment but would not include an admission of guilt. The suit was brought against ...
For those confused by the misrepresentation and often apparent contradiction in the analysis of Freddie Mac (FRE) and Fannie Mae (FNM), you are not alone.
The GSEs, however, do very little that cannot be done – and is not already done – by the private sector. In addition, these institutions pose a significant financial risk to U.S. taxpayers. Weighing this cost against the minimal benefits makes the case that the GSEs should be eliminated....
"Particularly for retail investors that are either on fixed incomes or fully retired or nearing retirement, corporate bonds can be a good way to bring in some steady interest income without taking on as much volatility in the equity markets," Sanders says. "There's a lot of solid companies ...
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Fannie Mae (FNM) and Freddie Mac (FRE) are on their way to becoming the single biggest cost to taxpayers from the financial crisis - more than banks, car...
FHFA, the regulator for Fannie Mae (OTCQB:FNMA) and Freddie Mac (OTCQB:FMCC), says its stress tests show that the GSEs may end up drawing $363B from the...
Fannie Mae (OTCQB:FNMA -1.5%) and Freddie Mac (OTCQB:FMCC -1.6%) shareholders file a class-action suit against the government, arguing the 2008 takeover -...