FREDDIE MAC

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File photo shows the headquarters of mortgage lender Freddie Mac in McLean

Freddie Mac's Image Problem: Conflict of Interest Charged

On Monday, NPR and ProPublica published a report revealing that Freddie Mac, the government-owned mortgage giant, had purchased $3.4 billion in mortgage securities that became more profitable if homeowners were unable to refinance at lower rates.for homeowners to pay off their mortgages. It's the latest public blow to a firm that has been blamed for its role in the housing crisis, even as it continues to deal with the fallout of the toxic mortgages that it continues to hold
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States to decide this week on mortgage deal

State and federal officials are close to a settlement with the largest U.S. banks over mortgage abuses, with states facing an end-of-the-week deadline to decide whether they will sign on, people close to the talks said.
A realtor and bank-owned sign is displayed near a house for sale in Phoenix, Arizona, January 4, 2011.

Obama Administration Acts to Bolster Homeowner Lifeline

The U.S. administration on Friday expanded its main foreclosure-prevention program and pushed to open it to those with loans backed by mortgage giants Fannie Mae and Freddie Mac, a move that could meet resistance from their regulator, the Federal Housing Finance Agency.
A vacant home for sale is pictured in Yonkers

Subpoenas Issued to Financial Firms in Expanded Probe

The Justice Department issued civil subpoenas to 11 financial institutions as part of a new effort to investigate misconduct in the packaging and sale of home loans to investors, Attorney General Eric Holder said on Friday.
Florida Republican Debate 2012: Summary of Highlights

Florida Republican Debate 2012: Summary of Highlights, From Ron Paul To Romney

Mitt Romney, Ron Paul, Newt Gingrich and Rick Santorum tackled a broad range of foreign, domestic and social issues during last night's debate, from immigration law and foreign policy to Romney's link to Obamacare and whose wife would make the best first lady. Relive the highlights of the CNN Florida Republican debate, and get a rundown of the top quotes and biggest arguments of the night.
Florida Republican Debate 2012: Fact Checking The GOP

Florida Republican Debate 2012: Fact Checking the GOP, from Gingrich to Paul

Mitt Romney, Newt Gingrich, Ron Paul and Rick Santorum faced off last night in the final GOP debate in Florida before the Jan. 31 primary. Here, find out what statements from the primary debate were true and which got the facts wrong, from Santorum on Latin America to Mitt Romney's involvement in Freddie Mac.
A general view of the Republican Party of Florida and Univision Spanish channel debate at the University of Miami, Florida

Florida Primary: Elections Expert Weighs in on Gingrich vs. Romney

Newt Gingrich and Mitt Romney are in a dead heat in Florida. Charles Zelden, a historian at Nova Southeastern University in Fort Lauderdale, Fla., and an expert on elections, outlined who has the edge and what factors will determine the outcome of next Tuesday's primary.
Barack Obama

Obama's State of the Union Speech: President Fires Salvo at Romney and Co.

Even before U.S. President Barack Obama made his State of the Union speech on Tuesday, Republican presidential hopeful Mitt Romney released a pre-buttal to his speech, warning the President would use the platform to divide the nation with a biased speech targeting the general elections. As it turned out, Obama did use the platform to deliver a speech aimed at November's general elections and although he never singled out or named his Republican opponents, he did take several jabs at M...
Alabama GOP Primary Results 2012: LIVE COVERAGE

Romney Wrests Ground From Gingrich in Florida Debate

Mitt Romney was desperate for a strong debate performance in Florida's Republican debate Monday night to restore momentum for his campaign, and delivered repeated sharp attacks on rising rival Newt Gingrich.
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Fannie, Freddie writedowns too costly: regulator

The regulator for Fannie Mae and Freddie Mac told lawmakers that forcing the government-controlled mortgage firms to write down the principal on underwater home loans would require more than $100 billion in fresh taxpayer funds.
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Gingrich Firm Releases Freddie Mac Contract

In an attempt to deflect attention over his involvement with Freddie Mac, Republican presidential candidate Newt Gingrich's former consulting firm on Monday released a contract he had with the troubled mortgage firm.

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