Friday, December 19, 2014 8:45 AM EST

Fannie Mae

The Federal National Mortgage Association (FNMA) (NYSE: FNM), commonly known as Fannie Mae, is a stockholder-owned corporation chartered by Congress in 1968 as a government-sponsored enterprise (GSE), but founded in 1938 during the Great Depression. The corporation's purpose is to purchase and securitize mortgages in order to ensure that funds are consistently available to the institutions that lend money to home buyers. Read More

Headlines Around the Web

Watt confirmed

Dec 11, 2013 - Politico

Fannie Mae reports $8.7 billion profit

Nov 08, 2013 - MarketWatch

Fannie Mae sues Wall St banks over Libor

Nov 01, 2013 - CNN Money

Reid sets up Watt vote

Oct 29, 2013 - Politico

JPMorgan paying $5.1B in deal

Oct 26, 2013 - Politico

Articles About Fannie Mae

Freddie Mac
Australian Stock Market Report – Morning August 28, 2014

By Comsec

In US economic data, the weekly mortgage market index rose by 2.8% with the purchase index up 2.6% and the refinancing index up by 2.8%. (Aug 28)

MORE TOPICS: GOLD, FEDERAL RESERVE, DOW JONES, FREDDIE MAC, FTSE, CRUDE OIL

A Bank of America sign is shown on a building in downtown Los Angeles, California January 15, 2014.
Bank of America Agrees to Pay $16.7 Billion to SEC Over Disclosure Failures

By IBTimes AU

Bank of America settled with the Securities and Exchange Commission over admitting that it failed to inform investors during the financial crisis about known uncertainties to future income from its exposure to repurchase claims on mortgage loans. (Aug 26)

MORE TOPICS: SEC, BANK OF AMERICA, COURT, RETAIL, NEW JERSEY, DEPARTMENT OF JUSTICE

Wall St. Ends up as ISM Data Upbeat; Apple above $600

By Reuters

U.S. stocks ended slightly higher as data showed strength in the services sector and Apple shares rose above $600 for the first time since late 2012. (May 06)

MORE TOPICS: DOW JONES, FREDDIE MAC, AIG, JPMORGAN CHASE, PFIZER, RUSSIA

A Bank of America sign is shown on a building in downtown Los Angeles, California January 15, 2014.
Bank of America to Pay $9.3 Billion to Settle Mortgage Bond Claims

By Reuters

Bank of America (BAC.N) agreed to pay $9.3 billion to settle claims that it sold Fannie Mae (FNMA.OB) and Freddie Mac (FMCC.OB) faulty mortgage bonds, helping the bank to end one of the largest legal headaches it still faced from the financial crisis. (Mar 27)

MORE TOPICS: FREDDIE MAC, BANK OF AMERICA, GOLDMAN SACHS, HSBC, MERRILL LYNCH, COURT

A Bank of America sign is shown on a building in downtown Los Angeles, California January 15, 2014.
Bank of America's Trading Practices Probed, Shows Filing

By Reuters

The U.S. Department of Justice and the Commodity Futures Trading Commission have both held investigations into whether Bank of America (BAC.N) engaged in improper trading by doing its own futures trades ahead of executing large orders for clients, according to a regulatory filing. (Jan 27)

MORE TOPICS: FREDDIE MAC, BANK OF AMERICA, MERRILL LYNCH, NEW YORK, DEPARTMENT OF JUSTICE, FBI

JP Morgan to Pay Largest Ever Settlement in US History

By IBTimes UK

Bank will pay $13bn to settle claims over mortgage asset quality misrepresentation. (Nov 20, 2013)

MORE TOPICS: FREDDIE MAC, BANK OF AMERICA, CALIFORNIA, COURT, MEXICO, NEW YORK

Bank of America Settle $1.4bn Mortgage Dispute with Freddie Mac

By IBTimes UK

Freddie Mac wants bank to take back $1.4bn faulty securities sold to it. (Nov 12, 2013)

MORE TOPICS: FREDDIE MAC, BANK OF AMERICA, MORTGAGE, SETTLEMENT

Prosecutors Could Fine Deutsche Bank in Kirch Lawsuit

By IBTimes UK

Deutsche Bank Co-CEO Juergen Fitschen was earlier named as suspect in lawsuit. (Nov 06, 2013)

MORE TOPICS: DEUTSCHE BANK, COURT, LAWSUIT, MORTGAGE, SETTLEMENT

Deutsche Bank Co-CEO Fitschen Named as Suspect in Kirch Lawsuit

By IBTimes UK

Deutsche Bank set aside €1.2bn for legal costs in third quarter. (Nov 05, 2013)

MORE TOPICS: BARCLAYS, DEUTSCHE BANK, COURT, LAWSUIT, MORTGAGE, SETTLEMENT

Libor Fixing Scandal: Fannie Mae Files $800m Lawsuit Against Barclays, RBS and Seven Others for Swaps Losses

By IBTimes UK

Embattled US lender sues nine banks in total, including Rabobank and UBS, for false representation. (Nov 01, 2013)

MORE TOPICS: BARCLAYS, CITIGROUP, BANK OF AMERICA, BARCLAYS, DEUTSCHE BANK, JAPAN, COURT