Mondo Visione Worldwide Financial Markets Intelligence

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  • SIFMA Statement On Conservatorship

    Date 07/09/2008

    Tim Ryan, president and CEO of the Securities Industry and Financial Markets Association (SIFMA), today released the following statement after Treasury and FHFA announced their conservatorship of, and actions to support, Fannie and Freddie: “Secretary Paulson's plan is an important step forward in restoring investor confidence in the financial markets. The strength of Fannie Mae and Freddie Mac are vitally important to the US housing markets. The actions taken Sunday should have a p

  • US Treasury And Federal Housing Finance Agency Action To Protect Financial Markets And Taxpayers

    Date 07/09/2008

    The Treasury Department and the Federal Housing Finance Agency, with support from the Federal Reserve, announced actions today regarding the housing government sponsored enterprises to protect the financial system, to support the housing market, and to protect the taxpayers.

  • Statement Of FHFA Director James B. Lockhart On Fannie Mae And Freddie Mac

    Date 07/09/2008

    Click here to download the statement of FHFA Director James B. Lockhart on Fannie Mae And Freddie Mac.

  • US Federal Banking Agencies Issue Joint Release On Fannie Mae And Freddie Mac

    Date 07/09/2008

    The federal banking agencies have been assessing the exposures of banks and thrifts to Fannie Mae and Freddie Mac.  The agencies believe that, while many institutions hold common or preferred shares of these two government-sponsored enterprises, a limited number of smaller institutions have holdings that are significant compared to their capital.

  • Statement By Federal Reserve Board Chairman Ben S. Bernanke On Fannie Mae And Freddie Mac

    Date 07/09/2008

    "I strongly endorse both the decision by FHFA Director Lockhart to place Fannie Mae and Freddie Mac into conservatorship and the actions taken by Treasury Secretary Paulson to ensure the financial soundness of those two companies. These necessary steps will help to strengthen the U.S. housing market and promote stability in our financial markets. I also welcome the introduction of the Treasury's new purchase facility for mortgage-backed securities, which will provide critical support for mortg