FANNIE MAE

The Securities and Exchange Commission (SEC) on Friday sued six former executives of Fannie Mae and Freddie Mac with securities fraud, alleging that they knew and approved of misleading statements related to the companies' holdings of subprime loans.

Securities regulators sued former top executives at Fannie Mae and Freddie Mac on Friday, saying they misled investors over exposure to risky mortgages.

Front-runner Newt Gingrich came under sharp attack from rival Republican presidential candidates Thursday night at the last debate before Iowa launches the 2012 election season.

Senate leaders on Thursday expressed optimism that an agreement on the payroll tax cut and a spending bill will be reached before Friday.

The city of Chicago said on Tuesday that it would vigorously defend a lawsuit filed by the Federal Housing Finance Agency (FHFA), which challenges an ordinance regulating the maintenance of vacant properties.

Republicans raised concerns on Tuesday over the Obama administration's nominee to head the Federal Housing Administration (FHA), as a possible bailout for the agency looms.

Savage isn't shy about saying why Gingrich can't beat Obama, either. On his blog, he shows Gingrich ads with Nancy Pelosi, the right-wing's antithesis, mentions Gingrich's past infidelity, and notes that when Gingrich is on television he ca off badly compared to Obama and looks like nothing more than what he is: a fat, old, white man.

Radio host Michael Savage has plans to offer Newt Gingrich $1 million to drop out of the presidential race for the sake of the nation.

The Federal Housing Finance Agency (FHFA), regulator of Fannie Mae and Freddie Mac, on Monday sued the city of Chicago over its new vacant buildings ordinance.

Republican presidential candidate Mitt Romney called on fellow candidate Newt Gingrich on Monday to return $1.6 million in fees from consulting work for Freddie Mac.

Sheila Bair, former chairwoman of the Federal Deposit Insurance Corp. (FDIC), is said to be the leading candidate to monitor banks during a nationwide foreclosure settlement.

U.S. Sen. Johnny Isakson, R-Ga., introduced on Thursday a bill to wind down Fannie Mae and Freddie Mac and create a transitional mortgage program to be sold to the private sector after 10 years.

Fannie Mae and Freddie Mac have prevented almost 2 million foreclosures since the enterprises were taken under federal conservatorship in 2008, according to a report by the Federal Housing Finance Agency (FHFA).

For most of her campaign, Michele Bachmann has made more headlines for her gaffes than for her platform, and her popularity has fallen as a result. But moving past the YouTube clips and headlines, what are the Minnesota congresswoman's political positions?

Occupy Homes, an offshoot of Occupy Wall Street, will protest in foreclosed and vacant properties in around 25 U.S. cities on Tuesday's Day of Action, promoting what organizers call the basic human right of housing.

As banks around the world race to satisfy international capital requirements, they are going through a veritable fire sale, getting rid of non-core businesses no matter how much they will fetch. Beyond that, they are engaging in some odd transactions, including a substantial amount of balance sheet engineering.

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.

Wells Fargo Securities said the California housing market continues to struggle and is not yet ready to bolster California's economic rebound.

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?

The Inspector General of the Federal Housing Finance Agency (FHFA) said in a report released on Tuesday that the regulator did not provide enough oversight of Fannie Mae and Freddie Mac in mortgage repurchases, executive compensation and other transactions.

Barney Frank announced his retirement from Congress this week, effective at the end of his term in 2013. The Democrat from Massachusetts, first elected to the House of Representatives in 1980, stood out more than others in Washington over the years, and his absence will be notable though some think that is a good thing, and others think it's a bad thing.