The president also has resisted calls to sack Ed DeMarco, the head regulator overseeing Fannie Mae and Freddie Mac, who has thwarted administration plans to pursue principal reduction more aggressively for Fannie and Freddie mortgages.
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Today's announcement by the Fed that it will purchase direct debt obligations of Fannie Mae, Freddie Mac and the Federal Home Loan Banks, and also mortgage backed securities guaranteed by Fannie, Freddie and Ginnie Mae, underscores our support for the housing market.
Fannie Mae and Freddie Mac might also be able to provide money for refinancing.
Many were sold to Fannie Mae and Freddie Mac, the taxpayer-backed mortgage finance giants.
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Banking consultant Bert Ely said Fannie Mae and Freddie Mac typically hold huge amounts of debt.
At the center of this crisis are Fannie Mae and Freddie Mac.
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Foreclosures on mortgages backed by Fannie Mae and Freddie Mac increased 21% in June from May.
The mortgage must not be backed by Fannie Mae or Freddie Mac.
And government-backed lenders Fannie Mae and Freddie Mac have agreed to new rules for home appraisals.
The government used Fannie Mae and Freddie Mac to prop up the mortgage market.
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Freddie Mac and Fannie Mae were bailed out, and so was American International Group.
Officials from Fannie Mae and Freddie Mac did not respond to calls for comment.
Another area for possible agreement, he adds, is reform of buyers Fannie Mae and Freddie Mac.
Fannie Mae and Freddie Mac are government agencies that support the US mortgage market.
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In the fall, mortgage giants Fannie Mae and Freddie Mac were taken over by the government.
The US government took over Fannie Mae and Freddie Mac in September of 2008.
We saw this strategy in action with at Fannie Mae and Freddie Mac.
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The failures of Fannie Mae and Freddie Mac, America's housing-finance giants, are glaringly obvious.
It would also have approval power over the pay packages of Fannie Mae and Freddie Mac executives.
Another is that Fannie Mae and Freddie Mac have given investment banks every reason not to complain.
Fannie Mae and Freddie Mac are also huge buyers of securities and derivatives, meaning still more commissions.
One problem is that it holds 376 billion dollars worth of Fannie Mae and Freddie Mac bonds.
In January, Bank of America settled with Fannie Mae and Freddie Mac over repurchases.
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However as unpopular as they are, Freddie Mac and Fannie Mae are necessary for our economy right now.
Treasury Secretary Henry Paulson said Fannie Mae and Freddie Mac play a critical role in the housing market.
White, the authors of Guaranteed to Fail: Fannie Mae, Freddie Mac and the Debacle of Mortgage Finance.
Obama did, as McCain asserted, receive the second-highest amount of campaign contributions from Fannie Mae and Freddie Mac.
We'll see whether investors will lend enough money and at reasonable rates to Fannie Mae and Freddie Mac.
The rescue plan for giant mortgage companies Fannie Mae and Freddie Mac promises credit and possible stock purchases.
Fannie Mae and Freddie Mac, two government-backed mortgage firms, have squandered a fortune promoting home-ownership among the uncreditworthy.
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