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(Image from article: "Fannie Mae, Freddie Mac bailouts could hit $363 billion, report says")

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Fannie Mae, Freddie Mac bailouts could hit $363 billion, report says

Fannie Mae, Freddie Mac bailouts could hit $363 billion, report says

That figure, projected through 2013, represents a worst-case scenario that assumes a double-dip recession, the Federal Housing Finance Agency says. The finance giants have so far received about $148 billion in taxpayer funds.

 

Losses from Fannie Mae, Freddie Mac seizures may near $400 billion

Federal Housing Finance Agency is seeking billions in repayment from banks that sold bad loans to the mortgage giants to help offset taxpayer losses, but some financial institutions are balking.

 

Home Prices Rose 0.3% in July

U.S. home prices rose a seasonally adjusted 0.3% in July, the Federal Housing Finance Agency said, as some of the worst-hit housing markets showed signs of recovering.

 

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