Fannie Mae in Deal to Hike Capital
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Embattled mortgage finance company Fannie Mae  agreed to keep billions of dollars more cash on hand while it corrects accounting problems, its government regulator said on Monday.
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A component of the government's tentative economic stimulus package announced Thursday would give an immediate lift to buyers and sellers in higher-priced housing markets.
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Fannie Mae, the largest US mortgage buyer, may slow purchases of home loans to meet its regulator&#39;s demand to boost capital, hurting earnings prospects.
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U.S. mortgage finance giant Fannie  Mae said on Wednesday a Securities and Exchange Commission  decision that it must restate earnings over accounting problems  is likely to cut into its capital position.
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Fannie Mae on Thursday said its regulator approved a dividend payment on its preferred stock that could help shore up the mortgage giant&#39;s capital levels.
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US home buyers may see a slight rise in mortgage rates if housing finance company Fannie Mae, which is mired in an accounting scandal, slows purchases of bonds backed
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Fannie Mae FNM.N, the embattled U.S.  home funding company, on Wednesday said it agreed to sell $5  billion worth of non-cumulative preferred stock in two  placements to certain institutional buyers in an effort to meet  higher capitalization standards.
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Fannie Mae, the nation&#39;s largest source for home mortgage financing, said Wednesday that is is considering two placements of up to $4 billion in preferred stock to qualified institutional buyers.
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Fannie Mae , the embattled U.S. home financing company, on Wednesday said it agreed to sell &#36;5 billion in preferred stock to institutional buyers as part of an effort to comply with regulatory demands to increase capital.
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Will low-income families become innocent victims of the crackdown on Fannie Mae (FNM )? After all, one of Fannie&#39;s official missions is to increase the rate of homeownership by expanding the pool of capital available for mortgage loans.
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NEW YORK, December 16  - According to a report in the Washington Post today, the Securities and Exchange Commission (SEC) has advised Fannie Mae (FNM.
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Federal regulators on Tuesday allowed US mortgage finance giants Fannie Mae and Freddie Mac to buy larger individual mortgages next year following a jump in home prices
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NEW YORK - Troubled mortgage giant Fannie Mae said Wednesday it may sell up to $4 billion in preferred stock as soon as this week.
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The lender said it would offer refinancing or modifications in loans whose interest rates are set to adjust by the end of 2008.
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Fannie Mae (FNM.N: Quote, Profile, Research) on Tuesday said that from next year it will raise the limit on mortgages it can guarantee and purchase to $359,650 from $333,700 now.
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WASHINGTON -- Fannie Mae, the nation&#39;s largest source for home mortgage financing, said Wednesday that is is considering two placements of up to $4 billion in preferred stock to qualified institutional buyers.
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Embattled mortgage finance giant Fannie Mae (FNM.N: Quote, Profile, Research) was close to a deal with regulators late on Sunday that would force the company