Articles tagged with Fannie Mae

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Your Bailout Update: $315 Billion in the Red

After shrinking for several months, taxpayer exposure to the bailout jumped in February, due to Fannie Mae’s receiving another … more…

With Bank Money Returning, Bailout Burden Shifts Toward Housing

The year ended with three of the biggest bailout recipients – Bank of America, Wells Fargo and Citigroup – together returning more … more…

AIG May Soon Lose Crown as Biggest Bailout Debtor

AIG is coming close to losing its crown as the biggest debtor in the bailout. The company announced today that it has completed … more…

Bailout: $15 Billion More to Fannie Mae (and More to Come)

The Treasury Department will pump $15 billion more into Fannie Mae, the company announced last night. That brings Fannie’s total … more…

Your Bailout Update (Nov. 2009): $400 Billion Outstanding

The TARP’s days of bailing out big banks will soon be over, the administration announced last month.  But the TARP lives on and … more…

Bank Failure Friday: Nine Banks, One Big Failure

On the one hand, yesterday was just another Friday. Nine more banks failed, bringing the year’s toll to 115. As always, our big … more…

Freddie Mac, Given Oversight of Mortgage Mod Program, Falls Down on Job

Since its March launch, the government’s $50 billion program to prevent foreclosures has been marked by confusion, delays and … more…

Happy Birthday, Bailout: $390 Billion Outstanding

This Saturday, the $700 billion TARP will be a year old. What better way to celebrate than with our monthly update on the … more…

Bailout: $10.7 Billion More to Fannie Mae

Taxpayers will fork over $10.7 billion more to Fannie Mae, bringing the company’s total bailout to $44.9 billion.

Fannie’s twin … more…

The Fannie and Freddie Black Hole

With the $700 billion TARP to focus on, it can be easy to forget about the massive taxpayer bailout of Fannie Mae and Freddie Mac. … more…

$6.1 Billion More for Freddie Mac

While there may be optimism that the era of big bank bailouts is over, the Fannie and Freddie bailout remains in full swing. … more…

$19 Billion More to Fannie Mae, and More to Come

Fannie Mae needs $19 billion more from the Treasury Department, the company said in its first-quarter results released today. … more…

ProPublica on Marketplace

Yesterday, Marketplace aired a segment featuring our Eye on the Bailout.

You can listen to the piece here. It takes a look at one … more…

Meet the New Bailout Boss

It’s Herb Allison, according to today’s reports, who’ll be moving from the bailed-out Fannie Mae to the bailout command … more…

Meet The New Bailout Boss

It’s Herb Allison, according to today’s reports, who’ll be moving from the bailed-out Fannie Mae to the bailout command center at the … more…

At Fannie and Freddie, Docs Show Eyes Were Wide Open

The taxpayers are on the hook for potentially hundreds of billions of dollars in mortgage losses from Fannie Mae and Freddie Mac beca … more…

Freddie Spent Millions to Make Republican Friends

It’s hard to overstate the size of Fannie Mae and Freddie Mac’s lobbying machine before they collapsed into government hands. Taken t … more…

Gov’t-Owned AIG: We’re Still Lobbying!

Earlier today, we wondered whether AIG is still lobbying the federal government. After all, taxpayers have lent the failing insurance … more…

Is AIG Still Lobbying?

UPDATE 4:37 PM We just heard from AIG spokesman Joe Norton: “We are not a GSE and are therefore not restricted. We remain a share- … more…

McCain’s Letter ‘Warning Exactly of This Crisis’

Yesterday we reported on letters referred to by Barack Obama and John McCain during the second presidential debate. We had Obama’s … more…