Fannie Mae

House Collapse

Federal Housing Administration deep in the red

The Federal Housing Administration (FHA) today released the results of an independent audit showing that it is in dire financial shape.

The Fannie and Freddie Fee Machine

Federal government now collecting Fannie and Freddie profits

In order to wind down mortgage-backing giants Fannie Mae and Freddie Mac, the government is now collecting all profits generated by the companies—a move some think may backfire by providing the federal government a new source of revenue that Congress will be hard-pressed to let go.

6 Things Clinton Doesn’t Tell You in His Pro-Obama Ad

From financial deregulation to cutting taxes for millionaires, a look at the real Clinton record

Former President Bill Clinton appears in new Obama campaign ad, in which he outlines the “clear choice” between the president and his Republican opponent.

Obama’s Mortgage Kingpin

Krupp clan has deep ties to Fannie Mae and Freddie Mac

One of President Obama’s newest high-dollar fundraisers is a mortgage investment kingpin with close ties to Fannie Mae and Freddie Mac, the government sponsored lending giants many blame for facilitating the financial crisis of 2007 and 2008.

Donilon Double Dips

Top Obama aide Tom Donilon receives taxpayer salary plus six-figure pension from bailout recipient Fannie Mae, records show

National Security Adviser Tom Donilon collected more than $148,000 in pension payments from bailed out mortgage giant Fannie Mae in 2011, on top of his White House salary of $172,200, according to a Free Beacon analysis of White House personal financial disclosure forms.

Mortgaging the Future

Taxpayer bailout to cost $5 to $10 billion

With the housing market weak and his job approval ratings under 50 percent, President Obama unveiled a new housing plan today at an appearance in the important battleground state of Virginia.