Tags: gse

SEC Charges Fannie, Freddie Executives with Fraud

December 18th, 2011
in econ_news

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Econintersect: Friday (December 16) the SEC filed civil suits charging six former executives of the GSEs (government sponsored enterprises) Fannie Mae and Freddie Mac with securities fraud. The six charged are Daniel H. Mudd, former chief executive of F… more »

Tags: daniel h. mudd, donald j. bisenius, enrico dallavecchia, fannie mae, freddie mac, gse, housing, mortgages, patricia l. cook, richard f. syron, sec, securities and exchange commission, subprime, tbtf, thomas a. lund, too big to fail

Bank of America Settles with GSEs

January 3rd, 2011
in News, Banking

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Bank of America Corp agreed to pay Fannie Mae and Freddie Mac $2.8 billion to settle claims that it sold the mortgage finance companies bad home loans. more »

Tags: bac, bank of america, fannie, freddie, gse