Freddie Mac Spending Billions In the Hopes That Homeowners Fail To Make Payments

Freddie Mac in 2010 and 2011 bet against the very homeowners they are suppose to be working for. An investigation recently revealed that the company has spent billions of dollars to invest in security packages that provide ... continue

Fannie Mae CEO Steps Down, Despite Having “Long Way to Go in Housing”

Fannie Mae Chief Executive Officer Michael Williams resigned today, saying that he will step down as soon as Fannie's board appoints his successor. The government-pocket firm, alongside relative-company Freddie Mac, have been highlighted by the fed as crucial ... continue

Former Fannie Mae, Freddie Mac Bosses Sued By SEC

Former Fannie Mae and Freddie Mac CEO's Daniel Mudd and Richard Syron are being sued by the U.S. Security and Exchange Commission (SEC) for their role in vastly downplaying the volume of subprime loans the agency had ... continue

Freddie Mac CEO Out Amid Growing Scrutiny

Freddie Mac CEO Charles E. Haldeman Jr. is stepping down after two years at his post, in a series of exits that "portend a larger shakeup at Freddie Mac." In the past few days four of 11 board ... continue

Freddie Mac gave new CFO a $1.95 Million signing bonus

Considering the fact that the US, and the rest of the world, is still trying to recover from a recession one has to wonder why a company still under government governorship hands over $1.95 ... continue

David Kellermann, Freddie Mac Acting CFO, Found Dead

David Kellermann, Freddie Mac's acting chief financial officer, has been found dead in his home outside of Washington. Kellermann's wife believes he committed suicide, reports indicate. David Kellermann Suicide Investigation David Kellermann, 41, had been with Freddie Mac since ... continue