The subprime mortgage collapse has already triggered a wave of class actions by shareholders who allege that Fannie Mae, Freddie Mac and underwriters hid the true financial health of the two... Read more
We have learned that the FBI is investigating Fannie Mae, Freddie Mac, Lehman Brothers Holdings Inc. and American International Group Inc. and their senior executives for potential mortgage... Read more
We wrote about the federal government bail out relating to the housing industry in a prior section. Now let’s take a look at two of the main players. It’s obvious that Fannie Mae... Read more
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