April 2, 2013 The mortgage giant needed a $116 billion bailout from the federal government after the housing bubble burst in 2007. As housing recovers, it's been able to put money back into Treasury's coffers.
July 31, 2012 A federal regulator is blocking the government-owned mortgage giants Fannie Mae and Freddie Mac from reducing the principal that homeowners owe on their mortgages in order to avoid foreclosures.
January 11, 2012 Michael J. Williams, who faced scrutiny over his salary, became CEO shortly after the government takeover in 2008.
December 16, 2011 The suit alleges that the executives knew their agencies had much more exposure to subprime loans than investors were told.
October 4, 2011 Warnings were given but action wasn't taken, an inspector general says. Read the report.
May 12, 2011 A new bill would create private companies to replace Fannie Mae and Freddie Mac. But the government would continue to guarantee mortgages.
February 14, 2011 Today on Talk of the Nation, guest host Rebecca Roberts talks with guests about the significance of developments in Egypt, the possible demise of Fannie Mae and Freddie Mac, How We Age and President Obama's 2012 budget.
February 11, 2011 The president and congressional Republicans agree: Fannie Mae and Freddie Mac should cease to exist. What will replace them is less clear.
February 9, 2011 Obama will propose gradually ending the mortgage giants and replacing them with more modest support for the U.S. housing market.
January 24, 2011 Taxpayers paying more than $160 million in legal fees for ex Fannie Mae execs adds insult to injury. Taxpayers have already paid about $150 billion to bailout the two mortgage giants after they became insolvent in summer 2008.