Edition:
United States

Margaret Chadbourn

U.S. housing bill passes Senate panel but unlikely to become law

May 15 2014

WASHINGTON A Senate panel on Thursday approved legislation to wind down Fannie Mae and Freddie Mac and redesign the U.S. mortgage finance system, but sparse support among Democrats means the measure is unlikely to make it into law.

U.S. housing bill unlikely to become law despite Senate panel passage

May 15 2014

WASHINGTON, May 15 A Senate panel on Thursday approved legislation to wind down Fannie Mae and Freddie Mac and redesign the U.S. mortgage finance system, but sparse support among Democrats means the measure is unlikely to make it into law.

U.S. regulator opens door wider for Americans on mortgages

May 13 2014

WASHINGTON The regulator of Fannie Mae and Freddie Mac laid out plans for the government-run companies on Tuesday that could make it easier for Americans to obtain mortgages, marking a sharp departure from a predecessor who wanted to aggressively shrink their role in the housing finance market.

Senate push for U.S. housing finance bill comes up short

May 12 2014

WASHINGTON A bid by the leaders of the U.S. Senate Banking Committee to secure more support from Democrats for a housing finance reform bill has fallen short, likely dooming their effort to push the legislation to a vote on the Senate floor.

Senate push for U.S. housing finance bill comes up short

May 09 2014

WASHINGTON A bid by the leaders of the U.S. Senate Banking Committee to secure more support from Democrats for a housing finance reform bill has fallen short, likely dooming their effort to push the legislation to a vote on the Senate floor.

Fannie Mae, Freddie Mac post profits driven by legal settlements

May 08 2014

WASHINGTON Government-controlled mortgage finance firms Fannie Mae and Freddie Mac will send the U.S. Treasury dividends totaling $10.2 billion after posting quarterly profits driven mainly by income from legal settlements.

Fannie Mae, Freddie Mac post profits driven by legal settlements

May 08 2014

WASHINGTON Government-controlled mortgage finance firms Fannie Mae and Freddie Mac will send the U.S. Treasury dividends totaling $10.2 billion after posting quarterly profits driven mainly by income from legal settlements.

Fannie Mae, Freddie Mac may need $190 billion in big downturn: regulator

Apr 30 2014

WASHINGTON U.S. mortgage financiers Fannie Mae and Freddie Mac may require as much as $190 billion in additional taxpayer aid if the economy suffers a severe downturn, their regulator said on Wednesday.

Fannie Mae, Freddie Mac may need $190 billion in big downturn -regulator

Apr 30 2014

WASHINGTON, April 30 Mortgage finance companies Fannie Mae and Freddie Mac could need to draw as much as $190 billion in additional taxpayer aid if the economy suffered a severe downturn, their regulator said on Wednesday.

Prospects dim for Senate housing bill as panel postpones vote

Apr 29 2014

WASHINGTON The already dim prospects for a bill to wind down taxpayer-owned mortgage financiers Fannie Mae and Freddie Mac grew darker on Tuesday, as a Senate committee postponed a vote on the legislation.

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