Topic: Secondary Market Financing
Republicans want hearing on Fannie/Freddie bailout
Reuters US Online Report Politics News
NEW YORK (Reuters) - Two key Republicans are urging the House of Representatives to speed up a public hearing to investigate the administration's bailout of home funding giants Fannie Mae and Freddie Mac. In a letter dated March 1, Rep. Darrell Issa, ranking member of the Committee on Oversight and ...
Fannie, Freddie losses underscore dire US housing sector
AFP American Edition
The US home mortage sector remains under siege -- as recent huge losses reported by government-run Fannie Mae and Freddie Mac show -- from high unemployment and troubled loans. "Fannie Mae and Freddie Mac are being hit by continuous problems. That pressure is going to continue through the rest of the year ...
TARP Administrator Kenneth Feinberg Testifies Before House Panel
Getty Images
Fed to look into insurance contracts on Greek debt
AP News
Bernanke says Fed will look into Wall Street's use of credit default swaps involving GreeceFederal Reserve Chairman Ben Bernanke told lawmakers Thursday that the central bank is looking into the use by Goldman Sachs and other Wall Street firms of high-risk financial instruments to make bets that Greece would ...
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