FREDDIE MAC

Former Speaker of the U.S. House of Representatives Newt Gingrich answers questions as former Massachusetts Governor Mitt Romney listens at the first New Hampshire debate of the 2012 campaign in Manchester, New Hampshire

Gingrich Fights Off Rivals in Iowa Debate

Surging front-runner Newt Gingrich fought off heavy attacks in a presidential debate in Iowa on Saturday from Republican rivals who portrayed him as a Washington insider and questioned his judgment.

Gingrich Takes Fire from Rivals in Republican Debate

Former U.S. Speaker of the House Newt Gingrich, left, and former Massachusetts Gov. Mitt Romney are headed in different directions during a break in the CNN GOP National Security debate in Washington on Nov. 22.
Surging front-runner Newt Gingrich came under heavy fire in a presidential debate in Iowa on Saturday from Republican rivals who portrayed him as a Washington insider who profited from his contacts at taxpayer expense.
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U.S. Congress

Congress Warns of Bailout for FHA Mortgage Fund

The Federal Housing Administration (FHA)'s mortgage insurance fund is threatened by declining home prices and could require a taxpayer bailout, Congress members said at a hearing on Thursday, echoing an earlier report.
Jon Huntsman

Jon Huntsman 2012: What Are His Positions?

For most of the Republican nomination race thus far, Jon Huntsman has been considered little more than a side note. But while his national poll numbers remain very low, he is gaining support in New Hampshire. What are his positions?
Rep. Barney Frank (D-MA) prepares to testify before the Senate Banking, Housing and Urban Affairs Committee hearing on Enhanced Oversight After the Financial Crisis: The Wall Street Reform Act at One Year on Capitol Hill in Washington, July 21, 2011.

Barney Frank: Top 5 Viral Moments

The planned retirement of Congressman Barney Frank, D-Mass., leaves the Democratic party lacking in the YouTube mojo department. Partisan sniping aside, Frank was a regular source of one-liners and playful harassment of his legislative colleagues and TV talking heads.
Jon Huntsman

2012 Republican Presidential Campaign: Will There be a Jon Huntsman Surge?

Former House Speaker Newt Gingrich is the current beneficiary of Republican voters' perpetual search for an alternative to Mitt Romney, and he's enjoying the amplified media attention that accompanies a rise in the polls. If he declines, is Huntsman next? Or is it time to write-off the former Utah governor?
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Greenberg Sues U.S. for $25 billion over AIG Takeover

A company run by former American International Group Inc Chief Executive Maurice Hank Greenberg sued the U.S. government for $25 billion, calling the 2008 federal takeover of the insurer unconstitutional.
Steven Baum

Foreclosure Firm Steven J. Baum to Close

After being blacklisted by Fannie Mae and Freddie Mac, troubled foreclosure firm Steven J. Baum PC announced on Monday that it would be closing.

October Existing-Home Sales Rise Unexpectedly, But Still Weak

Sales of previously owned homes in the U.S. rose in October while the number of homes on the market continued to decline, according to the National Association of Realtors. Although falling property values and near record-low borrowing costs are starting to appeal to homebuyers, a growing trend of last minute cancellation suggests that even those who are looking to buy are worried about the housing market.
The U.S. Capitol dome and U.S. Senate in Washington

U.S. Congress Raises FHA Mortgage Limits

The U.S. House and Senate voted to increase the threshold of mortgages backed by the Federal Housing Adminstration (FHA) to $729,750, a move that would give more homeowners access to lower interest rates.
Newt Gingrich

Newt Gingrich 2012: What Are His Positions?

With Herman Cain's fall, Newt Gingrich is up to bat as the latest conservative alternative to Mitt Romney. Where does the former speaker of the House stand on the issues?
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Fannie, Freddie chiefs defend pay packages

Top executives at Fannie Mae and Freddie Mac on Wednesday defended their companies' pay practices from attack by lawmakers angry that the government-controlled firms were paying out nearly $13 million in executive bonuses.
An image showing the headquarters of Fannie Mae and Freddie Mac

How Much Did Previous Fannie and Freddie CEOs Make?

A list of compensation packages given to previous Fannie Mae and Freddie Mac CEOs during the past decade or so was released in a report produced by the House Oversight and Government Reform committee.
fannie and freddie executive pay

Fannie, Freddie Executives Say They Need Big Paychecks to Protect Taxpayer Money

Top executives at Fannie Mae and Freddie Mac defended their lucrative pay before a House panel on Wednesday, one day after lawmakers approved suspending top executive compensation packages and moving the firms' thousands of employees onto a pay scale that lines up with federal financial regulators.
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Fannie, Freddie executives defend pay packages

Top executives at Fannie Mae and Freddie Mac on Wednesday defended their companies' pay practices which have drawn opposition after it was disclosed the government-controlled firms were paying out nearly $13 million in executive bonuses.
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Gingrich Earned $1.6 Million as Freddie Mac Consultant

Newt Gingrich earned between $1.6 million and $1.8 million as a consultant for the government-sponsored mortgage company Freddie Mac, far more than the $300,000 contract he disclosed in a recent debate, according to a Bloomberg News investigation. The advice he reportedly gave them contradicts his recent criticisms of the company.

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