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Last updated: 08:13:00 Thursday Dec 24, 2009


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  • Fannie and Freddie CEOs to get up to $6M in pay
    NEW YORK - The two chief executives of Fannie Mae and Freddie Mac could get paid as much as $6 million for 2009, despite the companies' dismal performances this year which cost taxpayers more than $100 billion.   Activities:Vietnam War   Source:(AP)   2009-12-24

    Mortgage execs' hefty salaries to be disclosed
    WASHINGTON - Federal regulators plan to disclose Thursday that the top executives of government-controlled mortgage finance companies Fannie Mae and Freddie Mac each earned between $4 million and $6 million this year, two people briefed on the matter said.   Source:(AP)   2009-12-24

    Getting a Mortgage in 2010: 10 Things to Know
    More than three years into a painful housing crash, the real estate market has sent recent--albeit tentative--signs of stabilization. Home sales have increased, inventory levels are down, and price declines have become less precipitous. Along with more affordable home prices and a tax perk from Uncle Sam, attractive mortgage rates--which remained below 5 percent as of late November--have been a driving force behind this development.   Activities:2008 U.S. Real Estate Crisis   2009-12-03

    Fannie Mae tax credit decision could cost $5.2 bln
    WASHINGTON - Fannie Mae said Monday it may have to ask the government for more financial assistance because the company cannot sell $5.2 billion in tax credits.   Source:(AP)   2009-11-09

    Subprime home mortgages back to pre-crisis levels: Fed
    WASHINGTON (AFP) - The market share of subprime US home mortgages, which caused the collapse of the housing market at the epicenter of the financial crisis, has returned to pre-crisis levels, a central bank report showed Monday.   Nations:U.S.   Activities:Global Financial Crisis   Source:(AFP)   2009-10-26

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