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Paulson Plans to Bring Fannie, Freddie Under Government Control - Bloomberg
Sept. 6 (Bloomberg) -- Treasury Secretary Henry Paulson is preparing to announce plans to bring Fannie Mae and Freddie Mac under government control, seeking to halt the crisis of confidence in the companies that make up almost half the U.S. mortgage ...

Government may soon back troubled mortgage giants - Forbes
The government is expected to take over Fannie Mae and Freddie Mac as soon as this weekend in a monumental move designed to protect the mortgage market from the failure of the two companies, which together hold or guarantee half of the nation's ...

Fannie, Freddie takeover possible - Los Angeles Times
WASHINGTON -- Treasury Secretary Henry M. Paulson Jr. called in top executives of Fannie Mae and Freddie Mac late Friday to hammer out details of a rescue plan for the troubled mortgage giants that could go so far as a full government takeover ...

Gov't may back top troubled mortgage companies - International Herald Tribune
WASHINGTON : Fannie Mae and Freddie Mac are expected to be taken over by the government as soon as this weekend in a bold move designed to protect the mortgage market from the risk the companies could fail, a person briefed on the matter said Friday ...

U.S. Nears Rescue Plan For Fannie And Freddie - Washington Post
Treasury Secretary Henry Paulson and other officials met with Daniel Mudd of Fannie Mae and Richard Syron of Freddie Mac. The plan would strip them of their jobs. (Carol T. Powers - Bloomberg News) The government has formulated a plan to put troubled ...

WSJ says gov't may soon back troubled mortgage finance giants Fannie ... - MSN UK News
Shares of mortgage finance companies Fannie Mae and Freddie Mac have tumbled in after-hours trading following a report by The Wall Street Journal that the U.S. government may soon step in to provide a financial boost to the two companies. On it's Web ...

Paulson Plans to Bring Fannie, Freddie Under Government Control - Bloomberg
Sept. 6 (Bloomberg) -- Treasury Secretary Henry Paulson is preparing to announce plans to bring Fannie Mae and Freddie Mac under government control, seeking to halt the crisis of confidence in the companies that make up almost half the U.S. mortgage ...

US government to take over Fannie Mae, Freddie Mac (Roundup) - Monsters and Critics
Washington - The US government was preparing to take over the twin mortgage finance giants known as Fannie Mae and Freddie Mac, dismiss their top executives and prop up the companies with government funds, media reports said late Friday. The ...

Shares in mortgage giants plummet - Baltimore Sun
NEW YORK - Shares of Fannie Mae and Freddie Mac tumbled in New York trading yesterday to the lowest levels in nearly two decades as speculation increased that the U.S. Treasury will bail out the mortgage-finance companies, wiping out shareholders ...

Feds plan to seize mortgage giants - Cape Cod Times
WASHINGTON – The government has formulated a plan to put troubled mortgage giants Fannie Mae and Freddie Mac under federal control, prop them up financially and dismiss their top executives, federal officials told the two companies yesterday ...

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