Financial Regulatory Forum

U.S. Fannie, Freddie plan to aid mortgage banks: report

By Reuters Staff
October 7, 2009

(Reuters) Oct. 7 – U.S. government-controlled mortgage finance companies Freddie Mac and Fannie Mae are working on a program to help independent mortgage banks get access to short-term credit needed to make home loans, the Wall Street Journal said, citing people familiar with the matter.

Mortgage bankers group urges Fannie, Freddie changes

September 2, 2009

USA/   NEW YORK, Sept 2 (Reuters) – The U.S. Mortgage Bankers Association said on Wednesday it will ask Congress to transform mortgage lenders Fannie Mae, Freddie Mac into several smaller, privately held companies that would issue mortgage securities with a government guarantee.
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U.S. considers “bad bank” split of Fannie Mae, Freddie Mac – report

By Reuters Staff
August 6, 2009

WASHINGTON, Aug 5 (Reuters) – The Obama administration is considering splitting Fannie Mae and Freddie Mac and putting their troubled assets in a new federally backed corporation, The Washington Post reported on Wednesday, citing administration officials. (more…)

U.S. Fannie, Freddie regulator Lockhart to leave post – official

By Reuters Staff
August 5, 2009

JAMES LOCKHART (FILE)

WASHINGTON, Aug 5 (Reuters) – James Lockhart, the regulator for Fannie Mae and Freddie Mac, will soon step down after more than three years as overseer for the mortgage finance companies, an administration official said.