Freddie Mac says it will pay $2B to taxpayers — maybe

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THE SCANDAL IN HOME MORTGAGE FINANCING: A LOOK AT FREDDIE MAC. by Mafruza Khan. In December 2003 Freddie Mac, the federally chartered mortgage financing giant, agreed to pay a civil penalty of $125 million and implement measures to correct its accounting and governance problems as part of a consent order with a federal regulator.

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Apparently oblivious to the fact that the government is experiencing some financial problems, Freddie Mac says it needs to ask taxpayers for $1.5 billion to help it cover the net worth deficit it.

 · Fannie Mae, Freddie Mac, the CRA, and the Financial Crisis When politics and economics meet, the result looks like what happens when the arctic air mass (sometimes know here as "the cold air from Canada") meets the warm air from the Gulf of Mexico in the Mid-West.

Freddie Mac says it will pay $2B to taxpayers – maybe Strong Fannie/Freddie Earnings Mean Another $4.1 Billion for. – The company had a net worth of $5.4 billion at the end of March and as a result will pay a $2.4 billion dividend.

 · NEW YORK (Fortune) — The government is opening the purse strings to prop up Fannie Mae and Freddie Mac, but obituaries may still be in order for.

Fannie Mae FNMA Stock Message Board: [u][b][color=red]White House Corrects Fannie And Freddie Narrative

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NEW YORK (AP) – Freddie Mac said Thursday that it will pay the U.S. Treasury a dividend of $4.5 billion next month after its profit more than doubled in the last quarter. The government-controlled mortgage company has paid the Treasury more than $101 billion in dividends since receiving $71.3 billion in bailouts from the government between.

In an interview last week with FOX Business Network’s Maria Bartiromo, Treasury secretary steven mnuchin mentioned that profits of Fannie Mae and Freddie Mac may be used to fund non-housing.