Political Capital

Posts tagged: Fannie Mae

Senator Sherrod Brown, a Democrat from Ohio, in Washington, D.C.

Photograph by Brendan Hoffman/Bloomberg

Senator Sherrod Brown, a Democrat from Ohio, in Washington, D.C.

Brown: Banking Bill Moribund — Boehner ‘Speaker of Tea Party’

Sen. Sherrod Brown, co-sponsor of a bill to prevent any one financial institution from growing so large that it could jeopardize the economy or require another federal bailout, sees little likelihood of anything passing this year — not his plan,...

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Representative Mel Watt, a Democrat from North Carolina, and President Barack Obama's nominee as director of the Federal Housing Finance Agency (FHFA), left, shakes hands with Obama during the announcement in the State Dining Room of the White House in Washington, D.C., on May 1, 2013.

Photograph by Andrew Harrer/Bloomberg

Representative Mel Watt, a Democrat from North Carolina, and President Barack Obama's nominee as director of the Federal Housing Finance Agency (FHFA), left, shakes hands with Obama during the announcement in the State Dining Room of the White House in Washington, D.C., on May 1, 2013.

McCain on Watt: ‘Concerned’

Written with Cheyenne Hopkins The fate of yet another presidential nominee may rest in the hands of Arizona Republican John McCain next week. Senate Majority Leader Harry Reid says he’s hoping for a confirmation vote on Rep. Mel Watt, President...

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Rows of homes at a housing development on March 6, 2013 in Mesa, Arizona.

Photograph by Justin Sullivan/Getty Images

Rows of homes at a housing development on March 6, 2013 in Mesa, Arizona.

Housing Rebound: Not Quite Yet

House prices are rising, and sales are picking up. If you ask Union Bank of Switzerland managing director Thomas Zimmerman, though, it’s too soon to celebrate a “full-fledged” housing rebound. “It’s surprised me how strong this market is. It’s not...

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Fannie Mae's headquarters in Washington, DC.

Photograph by Chip Somodevilla/Getty Images

Fannie Mae's headquarters in Washington, DC.

Bloomberg by the Numbers: $17.2 Billion

That’s the net income in 2012 for Fannie Mae, the government-sponsored enterprise that buys mortgages from lenders and packages them into securities. It had profits of $7.6 billion in the three-month period ended Dec. 31. Bloomberg’s Clea Benson has more...

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President Barack Obama and Republican presidential candidate Mitt Romney are seen at the Lavanderia coin laundry in Miami during their televised debate.

Photograph by Joe Raedle/Getty Images

President Barack Obama and Republican presidential candidate Mitt Romney are seen at the Lavanderia coin laundry in Miami during their televised debate.

Washington Daybook: The Whole World is Watching

OK. The whole world wasn’t watching, though President Barack Obama can be forgiven for thinking it was. Some 67.2 million viewers tuned in Wednesday to watch his subdued — many say weak — debate performance, 28 percent more than watched...

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Protesters outside of Edward DeMarco’s house.

Photograph by Emma Fidel/Bloomberg

Protesters outside of Edward DeMarco’s house.

Homeowners Protest Fannie, Freddie at DeMarco’s House

A few dozen people picketed outside Edward DeMarco’s house this evening to protest what they say is his unfair treatment of their own homes. DeMarco, acting director of the Federal Housing Finance Agency, didn’t show during the 1 and 1/2 hour...

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At the Neighborhood Assistance Corp. of America's (NACA) "Save-the-Dream Tour" at the Colorado Convention Center.

Photograph by Matthew Staver/Bloomberg

At the Neighborhood Assistance Corp. of America's (NACA) "Save-the-Dream Tour" at the Colorado Convention Center.

Romney’s Fannie, Freddie Funds Out

Mitt Romney is trying to put the contentious Republican primary campaign behind him — starting with his investments. The party’s presumptive presidential nominee sold off his holdings in Fannie Mae and Freddie Mac, the two government-backed mortgage companies that became...

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