Fannie reaches accord with regulator
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Beleaguered mortgage agency Fannie Mae agreed Monday with its regulator to create a 30 percent capital surplus within 270 days and review internal accounting controls.
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NEW YORK - Mortgage financier Freddie Mac said yesterday it settled a dispute with bankrupt loan servicer American Home Mortgage Corp., clearing the way to pay $2.4 million in delayed property taxes on behalf of thousands of homeowners.
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Outfielder Jose Guillen and the Anaheim Angels reached a financial settlement yesterday to resolve the grievance filed after the team recently suspended him without pay for the rest of the season.
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A government regulator on Wednesday said Fannie Mae could slightly increase the amount of mortgages it can buy for its investment portfolio.
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Fannie Mae announced Wednesday that it has agreed to sell an aggregate of $5 billion in two placements of preferred stock to qualified institutional buyers, representing the largest capital placement ever undertaken by the mortgage-financing giant.
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The deal with Verizon, which requires approval of the FCC, the US Bankruptcy Court and antitrust regulators at the US Justice Department, comes after a settlement reached in April resolving all disputes between the company and the FCC, the main creditor
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The Air Line Pilots Association said   the governing body of its FedEx unit has approved a tentative   contract agreement with management of the package delivery   company.
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Mortgage companies Fannie Mae and Freddie Mac last year met the government-set goals for making home ownership affordable, but only because three unusual multibillion-dollar deals were counted toward the targets, officials said Thursday.
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Embattled mortgage finance company  Fannie Mae FNM.N agreed to keep billions of dollars more in  cash on hand while it corrects accounting problems, its  government regulator said on Monday.
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Fannie Mae, US mortgage government agency received approval for a December preferred stock dividend from its regulator, the Office of Federal Housing Enterprise Oversight (Ofheo), although the Ofheo said it could not grant approval for dividends in the
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US mortgage finance companies Fannie Mae (FNM.N: Quote, Profile, Research) and Freddie Mac (FRE.N: Quote, Profile, Research) met affordable housing goals in
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NEW YORK, November 16  - Fannie Mae (FNM.NYS) has missed the regulatory deadline for filing its 3Q04 results with the SEC, while warning of an estimated net loss of $9 billion for the quarter.
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Embattled mortgage finance company Fannie Mae agreed to keep billions of dollars more in cash on hand while it corrects accounting problems, its government regulator said today.
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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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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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Deal struck on monitoring and verifying of shutdown of Yongbyon site.
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Legislation to tighten federal oversight of the two biggest buyers of home mortgages, Fannie Mae and Freddie Mac, cleared the House yesterday.