Search Results for: Freddie Mac

The US Court of Appeals for the DC Circuit on Friday dismissed a shareholder suit against government-sponsored lender Fannie Mae for alleged wrongdoing by the board of directors. Shareholders accused the board of...

The US Senate in a special Saturday session passed by 72-13 the Foreclosure Prevention Act of 2008 , designed to address problems from the country's so-called "sub-prime mortgage collapse." The Act provides for...

House Financial Services Committee Chairman Barney Frank (D-MA) said during a Committee hearing Friday that providing inducements to those who hold liens was the only practical legislative solution to the country's so-called "sub-prime mortgage collapse," and...

The US House of Representatives on Wednesday passed the Foreclosure Prevention Act of 2008 , a bill designed to address problems from the country's so-called "sub-prime mortgage collapse." The Act provides for government...

Former chairman and CEO of mortgage finance company Freddie Mac Leland Brendsel agreed to a consent decree Tuesday to settle administrative charges filed by the Office of Federal Housing Enterprise...

In the Matter of Federal Home Loan Mortgage Corp., Federal Election Commission, April 18, 2006 [conciliation agreement to pay a $3.8 million fine to settle accusations that Freddie Mac directly raised campaign funds for members of Congress in violation of...

The Federal Election Commission on Tuesday announced that mortgage corporation Freddie Mac has agreed to pay a $3.8 million fine to settle accusations that it directly raised campaign funds for...

Leading Monday's corporations and securities law news, the Office of Federal Housing Enterprise Oversight (OFHEO) has announced that it has entered into a consent order with Freddie Mac over the company's multi-billion dollar accounting scandal...

Leading Thursday's corporations and securities law news, the US Senate Banking Committee has approved Rep. Christopher Cox 's nomination to head the Securities and Exchange Commission (SEC) . The nomination will now go before the...

Leading Wednesday's corporations and securities law news, KPMG LLP , the US unit of accounting firm KPMG International , has agreed to pay $22.5 million to settle with the SEC over charges that it allowed...