http://www.mail.com/companies/2960-fannie-mae.html Mail.com - the best personalized free web-based Email en en http://sec-s.uicdn.com/mail.com/2.28/img/mailcom_logo_rss.png http://www.mail.com/companies/2960-fannie-mae.html http://www.mail.com/business/finance/2087790-foreign-holdings-us-treasury-debt-up-march.html WASHINGTON (AP) — Foreign demand for U.S. Treasury securities rose to a record level in March, signaling further confidence in U.S. debt. The Treasury Department said Wednesday that total foreign holdings increased 0.7 percent in March from February to $5.76 trillion. Holdings have increased nearly 11.9 percent in the 12 months that ended in March. ... Wed, 15 May 2013 18:07:15 GMT http://www.mail.com/business/finance/2087790-foreign-holdings-us-treasury-debt-up-march.html 2013-05-15T18:07:15Z http://www.mail.com/business/finance/2086648-projected-lower-deficit-slow-budget-deal.html WASHINGTON (AP) — The good news is the budget deficit for the current year is projected to come in well below what was estimated just a few months ago. The bad news for deficit hawks is that the development could further curb the already slowing momentum for a budget pact this year. A Congressional Budget Office study released Tuesday cites higher tax rev... Wed, 15 May 2013 07:37:36 GMT http://www.mail.com/business/finance/2086648-projected-lower-deficit-slow-budget-deal.html 2013-05-15T07:37:36Z http://www.mail.com/business/finance/2085354-2013-deficit-estimate-lowered-to-642-billion.html WASHINGTON (AP) — 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 Congressional Budget Office study released Tuesday cites higher tax revenues and better-than-expected payments from govern... Wed, 15 May 2013 00:16:26 GMT http://www.mail.com/business/finance/2085354-2013-deficit-estimate-lowered-to-642-billion.html 2013-05-15T00:16:26Z http://www.mail.com/business/economy/2078662-obama-calls-congress-to-help-homeowners.html WASHINGTON (AP) — President Barack Obama says Congress must give more homeowners the chance to refinance their mortgages to save money. Obama says more than 2 million people are saving about $3,000 a year after restructuring their loans under his administration but that more deserve the same chance. In his weekly radio and Internet address, Obama also cal... Sat, 11 May 2013 13:37:08 GMT http://www.mail.com/business/economy/2078662-obama-calls-congress-to-help-homeowners.html 2013-05-11T13:37:08Z http://www.mail.com/business/finance/2077294-april-surplus-113b-lowers-us-budget-deficit.html WASHINGTON (AP) — The U.S. government reported a rare surplus of $113 billion for April — the largest in five years and a sign of the nation's improving finances. Steady economic growth and higher tax rates have boosted the tax revenue in recent months, keeping this year's annual budget deficit on pace to be the smallest since 2008. A smaller deficit is a... Fri, 10 May 2013 20:31:41 GMT http://www.mail.com/business/finance/2077294-april-surplus-113b-lowers-us-budget-deficit.html 2013-05-10T20:31:41Z http://www.mail.com/business/economy/2073758-record-profit-signals-healthier-fannie-mae.html WASHINGTON (AP) — Fannie Mae said something Thursday that would have been unthinkable a few years ago: It earned a record $58.7 billion profit in the January-March quarter. And it made clear it's on the cusp of repaying taxpayers for one of the most expensive bailouts of a single company in the financial crisis. For Fannie, the future hasn't looked this b... Thu, 09 May 2013 20:23:32 GMT http://www.mail.com/business/economy/2073758-record-profit-signals-healthier-fannie-mae.html 2013-05-09T20:23:32Z http://www.mail.com/business/finance/2073336-house-passes-bill-to-prioritize-us-debt-payments.html WASHINGTON (AP) — The GOP-controlled House voted Thursday to make sure U.S. bondholders and people on Social Security get paid if the government hits its borrowing limit. The move comes as Republicans grapple with the hot-potato issue of raising the government's borrowing limit later this year, one of the few must-do items on a dysfunctional Washington's ... Thu, 09 May 2013 18:13:09 GMT http://www.mail.com/business/finance/2073336-house-passes-bill-to-prioritize-us-debt-payments.html 2013-05-09T18:13:09Z http://www.mail.com/business/finance/2073756-us-futures-edge-lower-extraordinary.html NEW YORK (AP) — Stock futures edged lower Thursday following an extraordinary streak for U.S. markets this week. Dow futures slipped 25 points to 15,037. The broader S&P futures fell 3.9 points to 1,624.80. Nasdaq futures fell 11.25 points to 2,950.50. U.S. unemployment aid applications fell to 323,000, lowest in more than 5 years, the Labor Department sa... Thu, 09 May 2013 13:07:55 GMT http://www.mail.com/business/finance/2073756-us-futures-edge-lower-extraordinary.html 2013-05-09T13:07:55Z http://www.mail.com/business/economy/2071146-freddie-mac-posts-46b-net-income-q1.html WASHINGTON (AP) — Mortgage giant Freddie Mac earned $4.6 billion from January through March, helped by a stronger housing market. The government-controlled company has turned a profit in the past six quarters. Freddie said Wednesday that it will pay a dividend of $7 billion to the U.S. Treasury next month and requested no additional federal aid for the fo... Wed, 08 May 2013 16:00:37 GMT http://www.mail.com/business/economy/2071146-freddie-mac-posts-46b-net-income-q1.html 2013-05-08T16:00:37Z http://www.mail.com/business/finance/2055724-congressman-lobbyist-housing-fcc-nods.html WASHINGTON (AP) — President Barack Obama acted Wednesday to fill two top regulatory posts, tapping a veteran Democratic congressman to lead the Federal Housing Finance Agency at a pivotal time for the housing market and naming a top campaign fundraiser and former lobbyist to head the Federal Communications Commission. Rep. Melvin Watt, D-N.C., would overs... Wed, 01 May 2013 21:43:33 GMT http://www.mail.com/business/finance/2055724-congressman-lobbyist-housing-fcc-nods.html 2013-05-01T21:43:33Z http://www.mail.com/business/finance/2051622-us-loans-china-issue-debt-ceiling-fight.html WASHINGTON (AP) — Despite what you may have heard, China isn't the country's biggest creditor. America is. The bulk of the national debt — soon to exceed a staggering $17 trillion — is held by the Federal Reserve, Social Security system, various pension plans for civil service workers and military personnel, U.S. banks, mutual funds, private pension pla... Mon, 29 Apr 2013 18:57:40 GMT http://www.mail.com/business/finance/2051622-us-loans-china-issue-debt-ceiling-fight.html 2013-04-29T18:57:40Z http://www.mail.com/business/finance/2011542-us-budget-deficit-march-grows-107-billion.html WASHINGTON (AP) — The U.S. federal budget deficit grew more slowly in March than the previous month, keeping the annual spending shortfall on pace to finish below $1 trillion for the first time in five years. The deficit grew by $106.5 billion in March, well below the $203.5 billion added in February, the Treasury Department said Wednesday. Through the fi... Wed, 10 Apr 2013 21:00:22 GMT http://www.mail.com/business/finance/2011542-us-budget-deficit-march-grows-107-billion.html 2013-04-10T21:00:22Z http://www.mail.com/business/economy/1992774-fannies-record-profit-symbol-housing-rebound.html WASHINGTON (AP) — Home prices are up. Foreclosures are down. Construction is up. And now comes the latest sign of the U.S. home market's revival: Fannie Mae, the mortgage giant that nearly collapsed five years ago, has earned its biggest yearly profit ever. Fannie Mae earned $17.2 billion last year and said Tuesday that it expects to stay profitable for "... Tue, 02 Apr 2013 21:29:26 GMT http://www.mail.com/business/economy/1992774-fannies-record-profit-symbol-housing-rebound.html 2013-04-02T21:29:26Z http://www.mail.com/business/economy/1987560-banks-win-dismissal-rate-rigging-claims.html NEW YORK (AP) — A group of banks including Bank of America and JPMorgan Chase have won dismissal of most of the claims in private lawsuits alleging that they rigged a key interest rate. U.S. District Judge Naomi Reice Buchwald in New York dismissed antitrust claims brought against the banks by a group of plaintiffs that included the City of Baltimore and ... Fri, 29 Mar 2013 23:58:44 GMT http://www.mail.com/business/economy/1987560-banks-win-dismissal-rate-rigging-claims.html 2013-03-29T23:58:44Z http://www.mail.com/business/economy/1967688-freddie-accuses-big-banks-rigging-lending-rate.html WASHINGTON (AP) — Freddie Mac has sued 15 big international banks, including JPMorgan Chase, Bank of America and Citigroup, accusing them of rigging a key interest rate and causing huge losses for the government-controlled mortgage giant. Freddie filed the lawsuit Thursday in federal court in Alexandria, Va. It names the banks that set the London interban... Wed, 20 Mar 2013 18:09:25 GMT http://www.mail.com/business/economy/1967688-freddie-accuses-big-banks-rigging-lending-rate.html 2013-03-20T18:09:25Z http://www.mail.com/business/economy/1923060-freddie-mac-posts-45b-net-income-q4.html WASHINGTON (AP) — Mortgage giant Freddie Mac earned $4.5 billion from October through December, its fifth straight profitable quarter. The government-controlled company credited fewer delinquencies on home loans and rising home prices for the gains. Freddie said Thursday that it paid a dividend of $1.8 billion to the U.S. Treasury and requested no additio... Thu, 28 Feb 2013 22:14:21 GMT http://www.mail.com/business/economy/1923060-freddie-mac-posts-45b-net-income-q4.html 2013-02-28T22:14:21Z http://www.mail.com/business/economy/1846284-geithner-sees-us-economy-strengthening-gradually.html WASHINGTON (AP) — Outgoing Treasury Secretary Timothy Geithner thinks the U.S. economy will strengthen this year — as long as Congress avoids cutting spending too deeply in a budget deal and Europe's economy gradually improves. In an interview Friday on his last day in office, Geithner told The Associated Press, "The economy is stronger than people apprec... Fri, 25 Jan 2013 19:00:00 GMT http://www.mail.com/business/economy/1846284-geithner-sees-us-economy-strengthening-gradually.html 2013-01-25T19:00:00Z http://www.mail.com/business/finance/1842434-why-geithners-treasury-leadership-proved-divisive.html WASHINGTON (AP) — President Barack Obama has saluted the outgoing Timothy Geithner as one of the best U.S. Treasury secretaries ever. He's surely been among the most contentious. Not since the Great Depression had an administration inherited so many grave financial threats at once. To many, Geithner deserves credit for helping steady the banking system an... Thu, 24 Jan 2013 07:12:00 GMT http://www.mail.com/business/finance/1842434-why-geithners-treasury-leadership-proved-divisive.html 2013-01-24T07:12:00Z http://www.mail.com/business/finance/1830264-transcripts-fed-underestimated-crisis-2007.html WASHINGTON (AP) — Federal Reserve officials in 2007 badly underestimated the scope of the approaching financial crisis and how it would tip the U.S. economy into the deepest recession since the Great Depression, transcripts of the Fed's policy meetings that year show. The meetings occurred as the country was on the brink of its worst financial crisis sinc... Fri, 18 Jan 2013 23:14:00 GMT http://www.mail.com/business/finance/1830264-transcripts-fed-underestimated-crisis-2007.html 2013-01-18T23:14:00Z http://www.mail.com/business/economy/1826906-lessons-learned-bofa-mortgage-push.html NEW YORK (AP) — Bank of America wants a bigger slice of the mortgage market. This time, the bank is being more careful about how to get it. On Thursday, the bank sketched out plans for regaining some of the ground it has lost in home lending. That's a change from the strategy of the last few years, when it has concentrated on shedding the parts of its mor... Thu, 17 Jan 2013 22:12:00 GMT http://www.mail.com/business/economy/1826906-lessons-learned-bofa-mortgage-push.html 2013-01-17T22:12:00Z http://www.mail.com/business/finance/1814298-us-budget-deficit-grows-260m-december.html WASHINGTON (AP) — The U.S. annual budget deficit is on track to reach $1 trillion for a fifth straight year, though government revenue jumped last month as people paid some taxes early to avoid higher rates in 2013. The Treasury Department said Friday that the federal deficit grew just $260 million in December. But for the first three months of the budget... Fri, 11 Jan 2013 18:13:00 GMT http://www.mail.com/business/finance/1814298-us-budget-deficit-grows-260m-december.html 2013-01-11T18:13:00Z http://www.mail.com/business/finance/1804072-stocks-sink-pulling-sp-500-5-year-high.html NEW YORK (AP) — Investors started the week on a cautious note, pulling the Standard & Poor's 500 index down from the five-year high it reached Friday. The move lower on Monday is likely the result of traders taking some winnings off the table after the stock market's surge last week, said Sam Stovall, chief equity strategist at S&P Capital IQ. Investors a... Mon, 07 Jan 2013 20:44:00 GMT http://www.mail.com/business/finance/1804072-stocks-sink-pulling-sp-500-5-year-high.html 2013-01-07T20:44:00Z http://www.mail.com/business/economy/1803770-bank-america-mortgage-claims-settlement.html NEW YORK (AP) — Bank of America reached an $11.6 billion settlement with government mortgage agency Fannie Mae to settle claims resulting from mortgage-backed investments that soured during the housing crash, bringing it a step closer to clearing up its legacy of bad home loans. Under the deal announced Monday, Bank of America will pay $3.6 billion in cas... Mon, 07 Jan 2013 19:51:00 GMT http://www.mail.com/business/economy/1803770-bank-america-mortgage-claims-settlement.html 2013-01-07T19:51:00Z http://www.mail.com/business/finance/1740572-small-bore-proposals-to-help-avert-fiscal-cliff.html WASHINGTON (AP) — Sure the rich may have to pay more in taxes. But a "fiscal cliff" budget deal could mean pain for nearly everyone else, too: higher airline ticket prices, for example, an end to Saturday mail delivery, fewer food stamps and lower farm subsidies. Each of those changes would make some powerful constituency angry. And even if approved, they... Mon, 03 Dec 2012 20:02:00 GMT http://www.mail.com/business/finance/1740572-small-bore-proposals-to-help-avert-fiscal-cliff.html 2012-12-03T20:02:00Z