Fannie Mae

NY Fed To Buy Fannie, Freddie Securities To Hold Down Mortgage Rates Amy Munday Huliq.com 03/09/2010	Fannie Mae’s Allison Said to Be Leading Candidate to Run TARP Robert Schmidt and Scott Lanman Bloomberg.com 04/13/2009
The New York Federal Reserve bought $1.5 billion of mortgage-back securities, something that is supposed to end by late March. The statement reveals that a total of $170.631 billion has now been spent on similar bail-out ventures. The goal is to keep the mortgage rates lower and help the economy.	Fannie Mae Chief Executive Officer Herb Allison is the leading candidate to run the Treasury office overseeing the $700 billion U.S. bank-rescue program, according to a person familiar with the matter.
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Fannie, Freddie Affordable-Housing Goals to Be Cut Dawn Kopecki Bloomberg 03/13/2009
Fannie Mae and Freddie Mac’s 2008 affordable-housing goals mandated by the government were “infeasible” and will need to “come down a bit” in 2009, the regulator for the mortgage-finance companies said.
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