Posts Tagged ‘ Fannie ’


The Federal Reserve said this week it will no longer buy mortgage backed securities from Fannie Mae and Freddie Mac. Some people worry mortgage rates could rise as a result. Senior Editor Paddy Hirsch explains why.

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Rep. Alan Grayson explores Fannie Mae’s use of derivatives with Federal Home Finance Agency chief James Lockhart in a Financial Services Capital Markets Subcommittee hearing on June 3, 2009.