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>> FANNIE MAE Latest News

5 HOURS AGO - National Mortgage News

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Karen Pallotta Joins Redwood's Board of Directors

Fannie Mae veteran Karen Pallotta has joined Redwood Trust's board of directors. Pallotta's recent role at Fannie was as executive vice president of the single-family credit guaranty business, which she assumed during the height of the financial crisis.

Tags: Karen Pallotta Joins Redwood's Board of Directors,  Fannie Mae Latest News

DEC 18, 2014 - Washington Business Journal

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Former Countrywide exec will receive $57M in whistle-blower case

A former Countrywide Financial executive will walk away with $57 million for aiding federal prosecutors in a whistle-blower case, The New York Times reports. Thanks to Edward O'Donnell's assistance, prosecutors were able to fine Bank of America a record $16.65 billion penalty for its role in mortgage fraud and related securities. McDonnell most recently served as vice president at Fannie ...

Tags: Former Countrywide exec will receive $57M in whistle-blower case,  Fannie Mae Latest News

DEC 17, 2014 - National Mortgage News

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Fannie Mae 4Q Survey Indicates Slowdown in Consumer Demand

Despite looser credit consumer demand has been on the decline, according to Fannie Mae's fourth-quarter Mortgage Lender Sentiment Survey.

Tags: Fannie Mae 4Q Survey Indicates Slowdown in Consumer Demand,  Fannie Mae Latest News

DEC 17, 2014 - National Mortgage News

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Ackman Says Pershing 'Meaningfully' Built GSE Bet

Bill Ackman, founder of Pershing Square Capital Management, said he's added "meaningfully" to his bets on U.S. mortgage companies Fannie Mae and Freddie Mac in the past two weeks.

Tags: Ackman Says Pershing 'Meaningfully' Built GSE Bet,  Fannie Mae Latest News

DEC 16, 2014 - Reuters

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Fannie Mae, Freddie Mac to lose market share to private capital: CBO

WASHINGTON (Reuters) - America's government-controlled mortgage finance giants, Fannie Mae and Freddie Mac, will likely guarantee a shrinking share of new loans over the next decade, congressional analysts said on Tuesday.

Tags: Fannie Mae, Freddie Mac to lose market share to private capital: CBO,  Fannie Mae Latest News