WASHINGTON (AP) Herbert Allison, the former head of troubled mortgage giant Fannie Mae, has been confirmed to oversee the government's $700 billion bank bailout program. The Senate voted Friday to confirm ...

... employees earning more than $250,000 at firms that have received more than $5 billion in federal bailout funds. Mortgage giants Fannie Mae and Freddie Mac are covered under the proposal. Majority Leader Steny Hoyer, D-Md., said the bill ...

... government seized control of Fannie Mae and Freddie Mac, lawmakers on Tuesday blamed former top executives at the mortgage giants for fueling the financial market turmoil that has dragged the country into a recession. And the housing fallout continues ...

... the Currency John Dugan, and James B. Lockhart, director of the Federal Housing Finance Agency, which oversees mortgage giants Fannie Mae and Freddie Mac. The administration's overhaul of the controversial $700 billion bailout plan is expected ...

... U.S. recession. Government support pledged to mortgage giants Fannie Mae and Freddie Mac is being doubled as well ... Department said it would double its support to the two mortgage giants that the government essentially took over last fall ...

... local and state governments to take the remaining 10 percent of the bonuses. Rangel said the bill would apply to mortgage giants Fannie Mae and Freddie Mac, among others, while excluding community banks and other smaller companies that have ...

WASHINGTON The chief financial officer of money-losing mortgage giant Freddie Mac was found dead in his basement early Wednesday morning in what police said was an apparent suicide. David Kellermann ...

... temporarily to as high as $729,750 the limit on Federal Housing Administration loans and also raise the cap on loans that mortgage giants Fannie Mae and Freddie Mac can buy. Raising those limits, should provide relief in the market for "jumbo" mortgages ...

... Fannie Mae and Freddie Mac, the government-sponsored mortgage giants. It also would provide $14.5 billion in housing ... called the new regulations in the measure for the two mortgage giants its "most important feature." Lawmakers and the ...

... St. weigh Fannie, Freddie help WASHINGTON (AP) Wall Street and Washington wrestled Friday with how to shore up mortgage giants Fannie Mae and Freddie Mac, two troubled pillars of the economy whose failure would deal a devastating blow to the ...