Fannie and Freddie

Armand Biroonak's picture

Fannie and Freddie's Market Share

Submitted by Armand Biroonak
September 8, 2008

Fannie and Freddie Mac own half of all mortgage debt in America; in the past 8 years an increasing share was subprime and othe risky mortgage products as they lowered lending standards.

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Los Angeles Times
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Armand Biroonak's picture

Fannie and Freddie CEOs Stand to Reap Millions More

Submitted by Armand Biroonak
September 8, 2008

Last year, the CEO of Freddie Mac was paid $18.3 million and the CEO of Fannie Mae was paid $11.6 million. Freddie Mac's CEO may now be entitled to an additional $14.1 million in severance and other payments, while Fannie Mae's CEO stands to receive another $9.3 million.

Source

ABC News

Reuters

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William Neil's picture

The End of An Era? Part II

By William Neil
September 8, 2008

September 7, 2008

Dear Citizens and Elected Officials: more »

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