Fannie Mae News

The state Legislative Analyst's Office says that Gov. Brown's projections were too pessimistic and that California should expect $2.8 billion more in tax revenue than what the administration was estimating.

Fiscal Policy. Oy! Richard W. Fisher Remarks at the 2013 National Association for Business Economics Houston, TX A May 16, 2013 Thank you, Ken .

With secondary mortgage market companies Fannie Mae and Freddie Mac making money again, there's a good chance lawmakers in Congress will drag their feet on overhauling the country's residential secondary mortgage market system, despite its almost 100 percent reliance on the federal government today.

Thomas A. Latosek and Florence C. Latosek to Ronald S. Murray Jr. and Murray Irrevocable Grantor Trust for $117,000; West Wyoming.

In this Tuesday, Feb. 5, 2013 file photo, Congressional Budget Office Director Douglas Elmendorf is reflected on a table as he speaks about the office's annual Budget and Economic Outlook during a news conference at the Ford House Office Building in Washington.

The plaintiffs, former shareholders of Fannie Mae, lost all hope seven months ago, on November 20, 2012, when Judge Richard Leon handed down his latest summary judgement dismissing all legal claims against the individual defendants--former CEO Franklin Raines , former CFO Timothy J. Howard, or former Controller Leanne Spencer .

Copies of the Obama Administration's proposed FY 2014 federal budget at the Government Printing Office Book Store on April 10, 2013 in Washington, DC.

New regulations and future reforms to financial markets will have broad implications for housing, mortgage markets and homeownership.

REALTORSA from across the nation will be meeting with regulators, lawmakers and industry leaders in Washington this week to address critical real estate issues affecting individuals, communities, and the nation as the REALTORSA Midyear Legislative Meetings & Trade Expo begins.

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Investors Continue to Drive Home Price Increase Pro Teck CEO Tom O'Grady discusses the April 2013 Home Value Forecast, featuring the Los Angeles, Atlanta and Warren, Mich.

The budget deficit for the current year is projected to come in well below what was estimated just a few months ago, a development that could further curb the already slowing momentum for a budget pact this year.

The federal budget deficit will plummet to $642 billion this year, congressional budget analysts said Tuesday, reducing their previous forecast by roughly $200 billion.

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Mortgage rates went up slightly last week, according to Fannie Mae 's release today .

Federal National Mortgage Association and Freddie Mac are resurgent mortgage guarantors who are being pushed into a black hole deeper by the politicians.

First, let me review a little of the history of how we got here. Fannie Mae was created by an act of the United States Congress in 1938 as a government-sponsored enterprise intended to purchase loans that had been guaranteed directly by the U.S. government through the FHA.

Our day's top images, in-depth photo essays and offbeat slices of life. See the best of Reuters photography.

The two profitable mortgage outfits will be the walking dead if the government takes their profits for another 10 years.