The meltdown of mortgage giants Fannie Mae, Freddie Mac and outfits like AIG and Lehman Brothers have given many TSP investors the jitters. Senior Correspondent Mike Causey explains their impact on your TSP account.
Reports say the acting chief financial officer of Freddie Mac has been found dead in an apparent suicide. CNN’s Dick Uliano brings us the latest details.
The Obama administration invited banking executives Tuesday to offer advice on changing the government’s role in the mortgage market. Their response: stay big. Details from Silla Brush, financial reporter with The Hill newspaper
President Obama said he intends to nominate Joseph Smith to be head of the Federal Housing Finance Agency.
Freddie Mac and Fannie Mae came under fire from the House Oversight and Reform Committee on Wednesday for awarding millions of dollars to executives. The hearing came just a day after the House Financial Services Committee passed a bill to convert execs’ pay to the federal pay system.
The Morning Federal Newscast is a daily compilation of the stories you hear Federal Drive hosts Tom Temin and Amy Morris discuss throughout the show each day. The Newscast is designed to give FederalNewsRadio.com users more information about the stories you hear on the air.
On this week’s Bloomberg Government Capital Impact show, analysts will discuss how the fiscal cliff crisis is impacting businesses. Also, what does the future look like for Freddie Mac and Fannie Mae? December 13, 2012
On this week’s Capital Impact show, Bloomberg Government analysts will discuss what’s ahead for Congress, the implementation of Dodd-Frank, and possible changes to Fannie Mae and Freddie Mac. July 25, 2013
On this week’s Capital Impact show, Bloomberg Government analysts will discuss how sequestration is affecting the budget for depot maintenance, and what would happen to the economy if Fannie Mae and Freddie Mac were eliminated. August 8, 2013
Legislation in 2008 put the government-backed secondary mortgage giants Fannie Mae and Freddie Mac into conservatorship by a new agency. Eight years later, the Federal Housing Finance Agency is still conserving Fannie and Freddie. Now the Government Accountability Office is urging Congress to force everyone to clarify their goals here so a lingering situation can get off the dime. For more, Federal Drive with Tom Temin turns to Lawrance Evans Jr., director of financial markets and community investment issues at GAO.