TruemorsFannie Mae (FNM) and Freddie Mac (FRE) Stocks Climbs
Fannie Mae (FMN) and Freddie Mac (FRE) stock rose sharply on Monday. The volatility has left analysts stumped. Usually penny stocks react to market news, which theoretically augments the future value of the company represented in the current price of the stock. No recent news...
Obama Considering Splitting Fannie Mae and Freddie Mac
According to the Washington Post, President Obama is considering splitting Fannie Mae and Freddie Mac and putting their assests in a federally backed corporation. The government launched a new set of ideas this week to overhaul the companies, which are the two largest... 
AG: Examine Why Few Law Firms Handle Bank Foreclosure Listings
Connecticut Attorney General Richard Blumenthal has opened an investigation on law firms handling properties on bank foreclosure listings. The attorney general asked Freddie Mac, Fannie Mae and Lender Processing Services Inc. to provide information on why only a number of law... 
Fannie Mae Lost $23.2 Billion Due to Foreclosure Homes
Fannie Mae lost $23.2 billion due to large numbers of foreclosure homes that it had guaranteed. It has asked for billions more in funding from the U.S. Treasury. " Fannie Mae, one of the two government-controlled...
Freddie Mac Chief David Kellermann Found Dead in his Premises
Official sources break the shocking news about the death of David Kellermann, Chief CFO of mortgage giant Freddie Mac in his Fairfax home. " Police sources have confirmed the news of the death of acting CFO, David...
Thanks to ACORN, It's A Different World
Written by Phil Gremillion, a man described as "a businessman, farmer, inventor and Cajun who lives in Lafayette (La.)," a commentary published today in The Daily Advertiser of Lafayette, La., follows perfectly on... 
Grayson-Himes Pay for Performance Act of 2009 Sparks Controversy
Florida Representative Alan Grayson (Democrat) has proposed a piece of legislation that would limit the bonuses and pay for executives of bailout funded banks and financial institutions. Bill HR 1664, or... 
Freddie Mac Cuts Down Government Foreclosures
Freddie Mac has suspended government foreclosures for mortgage loans qualified for any of the housing schemes offered under Obama’s program, the HOPE NOW program and other federal loan modification programs. " Freddie Mac showed its commitment to help ensure the success of... 
Short, Naked, Crooked, & in Charge
"Anyway, I keep picturing all these little kids playing some game in this big field of rye and all. Thousands of little kids, and nobody's around - nobody big, I mean - except me. And I'm standing on the edge of... 
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