Fannie Mae to buy loans from FHLB of Chicago Today 12:31 PM EST

Fannie Mae said Tuesday it will buy mortgages from the Federal Home Loan Bank of Chicago under an agreement with the bank. Fannie Mae will purchase 15- and 30-year fixed-rate mortgages channeled through the bank's Mortgage Partnership Finance Program, which provides affordable mortgages through the bank's member institutions. Read more

The Treasury Department has picked two financial institutions to manage a program it unveiled last month to provide support for beleaguered mortgage-backed securities. Read more

Mortgage finance company Fannie Mae, seized by the federal government last month, is canceling a fee hike for new mortgages. Fannie Mae said Thursday that a fee introduced last year will remain at 0.25 percent of the total loan amount. It had been scheduled to rise to 0.5 percent on Nov. 1. For a $2... Read more

A federal grand jury is investigating accounting and disclosure issues at mortgage finance giant Fannie Mae. Fannie Mae said in a Securities and Exchange Commission filing Monday that it received a subpoena Friday from the U.S. Attorney's office in Manhattan as well as a request from the SEC that th... Read more

Camden Property Trust said Wednesday it received $380 million in financing from Fannie Mae lenders and plans to use the money to repay debt. The Houston real estate company said it got a $175 million variable rate loan, currently at 4.2 percent per year, and a $205 million fixed rate loan at 5.625 p... Read more

First South Bancorp Inc. said Monday that the government's takeover of Fannie Mae and Freddie Mac won't affect it because the holding company for First South Bank doesn't own any shares in the companies. Read more

Mortgage finance giant Fannie Mae, taken over by the government earlier this month, announced Friday the resignations of four senior executives and said it was restructuring its organization. Read more

Mortgage finance giant Fannie Mae, taken over by the government earlier this month, announced Friday the resignations of four senior executives and said it was restructuring its organization. Read more

Highest congressional career totals for contributions from PACs tied to Freddie Mac and Fannie Mae: House Minority Whip Roy Blunt, R-Mo., $78,500. Read more

This fall, many members of Congress will see a major source of campaign contributions disappear, possibly never to return. Political action committees affiliated with mortgage giants Freddie Mac and Fannie Mae are now banned from engaging in lobbying activities, including making donations. They were... Read more