Federal Reserve Board

U.S. seizes Fannie and Freddie 12:29am EDT

WASHINGTON (Reuters) - The U.S. government on Sunday seized control of mortgage finance companies Fannie Mae and Freddie Mac launching what could be its biggest bailout ever to support the U.S. housing market and ward off more global financial market turbulence.  Full Article   |  Video

 
WRAPUP 6-U.S. seizes Fannie, Freddie, aims to calm markets Sunday, 7 Sep 2008 08:45pm EDT

* Move is aggressive bid to help battered housing market  Full Article

 
Bond futures tumble after takeover of GSEs Sunday, 7 Sep 2008 08:21pm EDT

NEW YORK (Reuters) - U.S. Treasury bond futures fell sharply late Sunday, kicking off the week's trading after the government took over struggling mortgage finance giants Fannie Mae and Freddie Mac in what could be the biggest U.S. bailout ever.  Full Article

 
RPT-UPDATE 1-U.S. bond futures tumble after takeover of GSEs Sunday, 7 Sep 2008 08:19pm EDT

* Rate futures hit, imply Fed hike by end-1st qtr 2009 (Updates market actions, adds quote)  Full Article

 
U.S. bond futures tumble after takeover of GSEs Sunday, 7 Sep 2008 07:54pm EDT

NEW YORK (Reuters) - U.S. Treasury bond futures fell sharply late Sunday, kicking off the week's trading after the government took over struggling mortgage finance giants Fannie Mae and Freddie Mac in what could be the biggest U.S. bailout ever.  Full Article

 
UPDATE 1-U.S. bond futures tumble after takeover of GSEs Sunday, 7 Sep 2008 07:48pm EDT

* Rate futures hit, imply Fed hike by end-1st qtr 2009 (Updates market actions, adds quote)  Full Article

 
GSE rescue could scare bears Sunday, 7 Sep 2008 07:21pm EDT

NEW YORK (Reuters) - Bears have reigned supreme on Wall Street so far in September thanks to growing concern about economies worldwide, but their grip on stocks faces a big challenge after the U.S. government's weekend seizure of control of mortgage finance giants Fannie Mae and Freddie Mac.  Full Article

 
UPDATE 2-Wall St Week Ahead: GSE rescue could scare bears Sunday, 7 Sep 2008 07:17pm EDT

NEW YORK, Sept 7 (Reuters) - Bears have reigned supreme on Wall Street so far in September thanks to growing concern about economies worldwide, but their grip on stocks faces a big challenge after the U.S. government's weekend seizure of control of mortgage finance giants Fannie Mae and Freddie Mac.  Full Article

 
Fannie, Freddie takeover a pre-emptive strike Sunday, 7 Sep 2008 07:07pm EDT

WASHINGTON (Reuters) - The U.S. Treasury has been worrying and wrangling over Fannie Mae's and Freddie Mac's capital levels and systemic risks for years. So why move now to seize control of the two troubled mortgage finance giants?  Full Article

 
WRAPUP 5-U.S. seizes Fannie, Freddie, aims to calm markets Sunday, 7 Sep 2008 06:56pm EDT

* Move is aggressive bid to help battered housing market  Full Article