Fannie Mae

With one-third of foreclosures considered strategic defaults, Fannie Mae has taken action against borrowers who have the ability to pay....

Fixing the bleeding at Fannie Mae and Freddie Mac will cost $160bn, far exceeding other Federal bailouts...

An analysis by mortgage giant Fannie Mae indicates that the annual rate of economic growth slowed in the last quarter compared to the previous quarter

At the root of the nation's housing foreclosure crisis are flawed banks, Wall Street fraud, a floundering Fannie Mae and Freddie Mac and failed federal oversight.

What was headline news has become the primary topic of day-to-day discussion and in many cases, the unfortunate cause of recent pain for many. The question recently posed by several has been "how and why did this happen?"

Much has been discussed regarding the $750Billion US Bailout package signed by Congress. However, the US Government has actually spent over $7trllion so far on attempting to diffuse the existing crisis....