Freddie Mac

JP Morgan Chase CEO Jamie Dimon Testifies at a House Financial Services Hearing on June 19, 2012. (Getty Images)

JPMorgan Paying $5.1 Billion In Fannie, Freddie Deal

JPMorgan Chase has agreed to pay $5.1 billion to resolve claims that it misled Fannie Mae and Freddie Mac about risky home loans and mortgage securities it sold them before the housing market collapsed.


The government has reported a $97.6 billion deficit for July but remains on track to post its lowest annual budget gap in five years. (Photo by Chip Somodevilla/Getty Images)

US Budget Deficit Down 37.6 Percent Through July, Lowest In 5 Years

The government has reported a $97.6 billion deficit for July but remains on track to post its lowest annual budget gap in five years.


The headquarters of Freddie Mac are seen on Oct. 21, 2010 in McLean, Va. (credit: McNamee/Getty Images)

Freddie Mac Earns $5 Billion In Second-Quarter

Freddie Mac earned $5 billion from April through June, the seventh straight profitable quarter for the mortgage giant.


File photo of President Barack Obama.  (credit:  Andrew Harrer/Getty Images)

Obama to Urge Congress to Shutter Fannie, Freddie

President Barack Obama, seeking to buffer taxpayers from future housing market downturns, will urge Congress this week to back bipartisan efforts to shutter Fannie Mae and Freddie Mac, the mortgage-giants bailed out by the government in 2008.


(credit: SAUL LOEB/AFP/GettyImages)

Making Sense Of Obama’s Housing Market

Is the Obama administration failing the housing market? Maybe.


File photo of the AIG logo. (credit: STAN HONDA/AFP/Getty Images)

Ex-CEO Greenberg: Don’t Blame Me For AIG Failure

Four and a half years after insurance giant AIG collapsed, leading to the biggest bailout of the financial crisis, former CEO Hank Greenberg has one message: Don’t blame me.


A "Notice to Vacate" is seen in the window of a foreclosed home in Glendale, Calif., on Aug. 14, 2012. (credit: ROBYN BECK/AFP/GettyImages

Bipartisan Report Calls For Elimination Of Fannie Mae, Freddie Mac

A new federal housing report is calling for the elimination of mortgage lenders Fannie Mae and Freddie Mac.


A federal report states that government oversight on Fannie Mae and Freddie Mac salaries is "inadequate." (Photo by Chip Somodevilla/Getty Images)

Fed Report: ‘Inadequate’ Government Oversight On Fannie, Freddie

A government report finds median pay for nearly 2,000 senior managers at Fannie Mae and Freddie Mac exceeded $200,000 last year.


Chairman of Federal Reserve Board Ben Bernanke speaks during a news conference Sept. 13, 2012 in Washington, D.C. (credit: Alex Wong/Getty Images)

Bernanke: Banks’ Overly Tight Lending Standards May Be Hold Back Economy

Federal Reserve Chairman Ben Bernanke said Thursday that banks’ overly tight lending standards may be holding back the U.S. economy by preventing creditworthy borrowers from buying homes.


A woman walks to the Freddie Mac offices on Aug. 11, 2010, in McLean, Va. (credit: PAUL J. RICHARDS/AFP/Getty Images)

Freddie Mac Requests $19 Million In Additional Aid After Posting Loss

Government-controlled mortgage giant Freddie Mac is requesting $19 million in additional federal aid after posting a loss for the first quarter of this year.