WASHINGTON (AFP) — A rescue plan for mortgage finance firms Fannie Mae and Freddie Mac would cost an estimated 25 billion dollars over the 2009-2010 fiscal

By MAYA JACKSON RANDALL WASHINGTON -- The stability of Fannie Mae and Freddie Mac is key to erasing underlying uncertainty in US financial markets and

WASHINGTON (AP) — A federal rescue of troubled mortgage giants Fannie Mae and Freddie Mac could cost taxpayers as much as $25 billion, Congress' top budget

NEW YORK (Reuters) - Treasury Secretary Henry Paulson said on Tuesday financial markets will remain under stress until the US housing market's slide ends

Treasury Secretary Henry Paulson testifies during a House Financial Services Committee hearing on Capitol Hill July 10, 2008 in Washington DC.

By HEATHER TIMMONS For more than a decade, Fannie Mae and Freddie Mac, the housing giants that make the American mortgage market run, have attracted

By Michael S. Rosenwald After IndyMac Bancorp failed, customers waited in line for hours to collect their money. The police had to be called in to quell the

By VOA News US President George Bush used his weekly radio address Saturday to explain his administration's solutions for some of America's economic

Investors in Asia and Europe snapped up a $3 billion sale of Freddie Mac bonds at near record yields, a sign that the beleaguered mortgage finance company

Between them they guarantee one in every two home loans in the United States - a staggering mortgage liability of $5 trillion. Over the past 12 months they

WASHINGTON (AP) — Congress wants to require executives at Fannie Mae and Freddie Mac to have their pay packages approved by the government as part of a bill

IT WAS another of those frantic weeks that were never meant to happen in the world’s most advanced economy. On July 13th Hank Paulson, America’s treasury

By DAVID ROGERS | 7/22/08 12:20 PM EST Photo: AP Democrats in Congress are actively considering a plan to use a pending housing bill to deal with

(RTTNews) - Should the funds be needed, taxpayers could end up forking over $25 billion to save beleaguered mortgage lenders Fannie Mae (FNM: News, Chart,