Quantcast
Home » Fannie Mae You are browsing entries tagged with “Fannie Mae”

Bank of America to pay $11.6B in Fannie Mae deal

In this Dec. 13, 2012, photo, a customer stops at a Bank of America ATM office in Boston. Bank of America Corp. said Monday, Jan. 7, 2013, it would pay $11.6 billion to settle claims on soured loans sold to government-backed mortgage finance giant Fannie Mae during the home price bubble.  AP PHOTO/CHARLES KRUPA

WASHINGTON—Bank of America said Monday it would pay $11.6 billion to settle claims on soured loans sold to government-backed mortgage finance giant Fannie Mae during the home price bubble.   Under the agreements, Bank of America Corp. said it would pay $3.55 billion in cash to Fannie Mae and repurchase for $6.75 billion some residential [...]

Posted: January 7th, 2013 in Latest Business Stories | Read More »

US charges ex-Fannie, Freddie CEOs with fraud

By

Two former CEOs at mortgage giants Fannie Mae and Freddie Mac on Friday became the highest-profile individuals to be charged in connection with the 2008 financial crisis.

Posted: December 18th, 2011 in Latest Business Stories | Read More »

Advertisement

News

  • Will Congress replace defunct pork barrel system with new measures?
  • Police in China remove church’s cross
  • 261 members attend reopening of House of Representatives
  • Belmonte calls for creation of public accounts committee to review alleged funds misuse
  • Drilon urges colleaguesto set aside 2016 plans, focus on ‘Senate’s rebirth’
  • Sports

  • Indomitable Red Lions seek No. 6 vs Blazers
  • Archers roar past Warriors; Tamaraws clobber Maroons
  • V-League: Cagayan whips UP; NU drubs Ateneo
  • Pons, Simborio top Petron volley
  • Salak bags SuperLiga MVP plum
  • Lifestyle

  • There’s more to Barcelona than Gaudi
  • Italian filmmaker’s love affair with Smokey Mountain
  • Veronica Roth shows her main man in ‘Divergent’ trilogy
  • Huffing and puffing my way to Monet’s Giverny–on two wheels
  • ‘Mostly Mozart,’ the fine and the beautiful, and Darrel Ang
  • Entertainment

  • North American box office loves ‘Lucy’
  • Alex Gonzaga in no rush for next romance
  • Mark Bautista is West End-bound
  • ‘Top Model’ finalist finds a home in Manila
  • One evening in a rock ’n’ roll time machine
  • Business

  • Tobacco report questioned
  • Government’s ‘to-do’ list remains long
  • Biz Buzz: ‘Smuggling’ corn
  • Robbing the wrong way
  • Relief from ‘lemon’ cars
  • Technology

  • PH Internet slowest in Asean
  • Marketers need to be in what Filipinos can’t live without
  • Apple, Samsung lose ground in cooling tablet market
  • China deletes Web reports on blow-up giant toad
  • Get paid for posting? Social networking’s new twist
  • Opinion

  • Editorial cartoon, July 28, 2014
  • Dream and nightmare
  • What a difference a year makes
  • Let there be freedom of choice on Bt ‘talong’
  • From Surakarta village to Merdeka Palace
  • Global Nation

  • Facing severe drought, Californians back mandatory curb on water use
  • ‘Maritime disputes could lead to war’
  • DFA priority: Peace in disputed sea
  • PH Muslims appeal for end to violence in Gaza
  • Malaysia hunts 2 Filipinos for smuggle try of turtle eggs
  • Marketplace
    Advertisement