Although not well known outside Wall Street, Freddie Mac and its corporate cousin, Fannie Mae, are two of the world's largest financial institutions and play a crucial role in the housing market.
Alex Berenson
Related Well, Mark, I led the charge for five or six years to get reforms for Fannie Mae and Freddie Mac. I ... J. C. WATTS The Great Bailout is mostly over for the banks. But for those troubled behemoths of the nation's... CHARLES DUHIGG Fixing Fannie Mae and Freddie Mac in isolation, without looking at the big picture, would be short-s... BETHANY MCLEAN In September 2008, the two largest housing mortgage companies called Fannie Mae and Freddie Mac, whi... BEN BERNANKE There is plenty of blame to go around for the U.S. housing bubble, but not much of it belongs to Fan... MARK ZANDI Analysts say that one reason Fannie Mae and Freddie Mac were privatized in the first place was to pr... CHARLES DUHIGG Between the Community Redevelopment Act, requiring banks to make what I would call very weak loans, ... WILBUR ROSS I like to open for a band as it brings on sort of a challenge and it makes things more interesting. ... KELLY JONES Well-functioning financial systems are important in achieving sustained economic growth. They play a... TOSHIHIKO FUKUI We have the idea of saying that put limitations on bailouts, so that the bailouts don't occur in... SCOTT GARRETT If your appraisal comes back too low - you don't have at least 10% equity for a conforming loan ... JEAN CHATZKY Although we work through financial markets, our goal is to help Main Street, not Wall Street. JANET YELLEN I think we're not going to preserve Fannie and Freddie in anything like their current form. We... TIMOTHY GEITHNER Fannie and Freddie made two-thirds of all subprime mortgages. That is not a free market institution.... DAVE BRAT The subprime disaster was a result of financial bombs - derivatives - exploding in financial institu... ROBERT KIYOSAKI Occupy Wall Street means making Wall Street and the corporate power elite understand that the people... DANA SPIOTTA A lot of lenders are sending out letters stating that they are going to start accepting loans at hig... BOB MOULTON Financial institutions, the corporate world and civil society - all must uphold high standards of pr... PRATIBHA PATIL Caterham realises corporate America and the American consumer market... is the largest consumer mark... ALEXANDER ROSSI What Wall Street is, they're market makers. Wall Street's business model is making money on ... LAURENCE D. FINK Although housing sales and starts have cooled to more typical levels, the housing market remains str... RANDY NEUGEBAUER [The financial-services market is the current battleground. Sun says 40 brokerages, exchanges, and f... LARRY SINGER Jamaica is more than just the 'brand' the world recognizes so well; it's a place of prid... PORTIA SIMPSON-MILLER Few Americans are clamoring for legislation that would allow mega-mergers among the nation's largest... JOHN TAYLOR Few Americans are clamoring for legislation that would allow mega-mergers among the nation's largest... JOHN TAYLOR Whether one agrees or disagrees with the tactics of the Occupy Wall Street movement, it's easy t... ERIC ALTERMAN The bailout of Fannie Mae is completely off the books. It's going to cost us hundreds of billion... LEONARD LANCE President Obama has basically avoided or not done any attempt to intervene in any positive way in th... GLENN HUBBARD Sharia has become an increasingly significant force in American capitalism, thanks to the embrace by... FRANK GAFFNEY The market was buoyant; speculation was rampant; and the outside public, the delight and prey of Wal... JOHN MOODY What you're seeing with Occupy Wall Street and the others are people who are unhappy and they... COLIN POWELL Wall Street shouldn't be deregulated. I think Wall Street and Main Street need to play by the sa... STEPHANIE CUTTER Occupy has to continue as a bold, in-your-face movement - occupying banks, corporate headquarters, b... MICHAEL MOORE Indonesia is the world's third-largest democracy. And we also have the world's largest Musli... JOKO WIDODO If you think Wall Street has a short memory, you're dead wrong. No, the folks who work on Wall S... GARY WEISS If you allowed PayPal to pursue its destiny, there are moves it could make to become the largest fin... DAVID O. SACKS An unregulated derivatives market essentially gives Wall Street a way to place hidden taxes on every... MATT TAIBBI Corporate profits are what drive the stock market. On the economic front, we have been seeing a slow... BERNADETTE MURPHY Inventing sources is not a crime in and of itself, although it certainly violates every code of jour... BRENDAN I. KOERNER Wyoming, home to Yellowstone National Park and the Grand Tetons, is also the country's largest c... LYDIA MILLET Our highest commitment is to the accuracy of our financial statements. The goal of Freddie Mac's new... GENE MCQUADE As a result, that makes a place where financial institutions are willing to take risks that they wou... JAMES SPRAYREGEN Mitt Romney was not a businessman; he was a master financial speculator who bought, sold, flipped, a... DAVID STOCKMAN Art is where tools do not play a crucial role. HIEN VU Food Stamp recipients didn't cause the financial crisis; recklessness on Wall Street did. BARACK OBAMA The oceans play a crucial role in sustaining life on earth, JACQUES DIOUF The similarities are limited but real. They amount to a shared disgust with politics as usual in Ame... GEORGE PACKER Once again, the puppets on Capitol Hill are about to slam the Muppets on Main Street. The country st... ELIOT SPITZER For market discipline to constrain risk effectively, financial institutions must be allowed to fail.... HENRY PAULSON People need religion. It's a vehicle for a moral tradition. A crucial role. Nothing can take its... IRVING KRISTOL Well, I go to the theater today, and its curtain - there is no curtain in this play; the lights go d... ELI WALLACH It's wide open, ... The obesity market is unique in that it is probably the largest market in the wo... GBOLA AMUSA Let us wage a moral and political war against the billionaires and corporate leaders, on Wall Street... BERNIE SANDERS General Electric, NBC's parent, is one of the largest corporations in the world, with an anti-la... BERNIE SANDERS Gains on Wall Street overnight and in Tokyo this morning helped the market recover. ALEX WONG I think Wall Street is very important, especially to tech companies. Wall Street will get in their r... DAYMOND JOHN To get our economy back on track and keep it functioning properly without the problems of our financ... MARSHA BLACKBURN Walking with Daisy from the dining hall, Matthew murmured, “Will I have to scale the outside wall ... LISA KLEYPAS Second of all, I don't think Wall Street is doing what it's supposed to be doing, even after... HOWARD DEAN I think people need housing. And there's empty buildings, I think people should live in there. I... AL LEWIS Among the world's 500 largest companies, not one has completely relied on its own growth to deve... WANG JIANLIN I guess we are who we are for a lot of reasons. And maybe we'll never know most of them. But even if... STEPHEN CHBOSKY Taxpayers have put more than $24 trillion on the line to resuscitate Wall Street after the economic ... MARIA CANTWELL The Mexican debt crisis, Latin American debt crisis, the crises of the 1990s, the Wall Street stock ... BEN BERNANKE Greed has increasingly become a virtue among Wall Street bankers and corporate CEOs in the U.S. Nowh... SIMON MAINWARING The United States has the world's largest and most innovative economy, an unmatched rule of law,... JOHN DELANEY Although women do two-thirds of the world's labor, they own less than one percent of the world... ISABEL ALLENDE After all, Wall Street is clearly the most powerful lobbying force on Capitol Hill. From 1998 throug... BERNIE SANDERS We bereaved are not alone. We belong to the largest company in all the world--the company of those w... HELEN KELLER The largest newspaper in the United States is only reaching 1 percent of population. We are kind of ... YURI MILNER You know, I think many people have the mistaken impression that Congress regulates Wall Street. In t... BERNIE SANDERS The local market continued to post losses as it was affected by the retreat of Wall Street and the J... CASTOR PANG The efficiency, credibility, and liquidity of the financial markets have been foundational to the la... DAN GILBERT [But that might not satisfy Wall Street, said Fred Moran, analyst with Stanford Financial Group.] Th... FRED MORAN The reason we have not gone to newspapers is because its a slow growth industry and I think they are... SUMNER REDSTONE As one of America's largest exporters, GE remains committed to producing more products in the Un... JEFFREY R. IMMELT I feel so honored to be able to say "What I do is for my son" without that being an excuse to do stu... C. JOYBELL C. FinCEN directs financial institutions to file suspicious activity reports (SARs) to inform law enfor... PERIANNE BORING Here's an irony of the history of conservatism's relationship with business and business'... RICK PERLSTEIN You don't wanna walk around and say, 'I'm somebody's niece, I'm somebody's c... MARIA SHRIVER House prices tend to move seasonally, driven up by higher demand and activity in the warmer months a... GREG FUZESI With the derivatives market larger than ever, we need way more regulation of Wall Street, not less. ADAM MCKAY With private chains, you can have a completely known universe of transaction processors. That appeal... BLYTHE MASTERS My husband worked on Wall Street and was an Ivy League graduate as well. In our world, we were the l... LESLIE MORGAN STEINER Wall Street is littered with clever plans to use financial instruments to change behavior - carbon t... ANDREW ROSS SORKIN In working with UNICEF our corporate partners have demonstrated time and again that their financial ... CAROL BELLAMY The history of Wall Street is inseparable from New York. RON CHERNOW The sapphire reserves in Madagascar are the largest known in the world. (It) is the major source of ... EARL YOUNG I've been in and out of Wall Street since 1949, and I've never seen the type of animosity be... ALAN GREENSPAN How can something feel so crucial in the moment and then seem completely trivial after the fact? PAULA STOKES I remain mindful that the role of a judge is a limited one and that judges can't solve every pro... DAVID STRAS Financial institutions like to call what they do trading. Let's be honest. It's not trading;... GRAYDON CARTER A large holding in the fund would be a company, for example, like Fannie Mae or AOL, ... A stock tha... DON PETERS We are in a situation with the huge stimulus package that's going to be spent all across this na... WALTER ISAACSON We need to bolster the stability of existing capital markets and flows in the developing world by st... LARS THUNELL You're full of contradictions, Ms. Wallace." I looked up at him and arched a brow. "I'm a girl... TAMMARA WEBBER This is not Winterfell', he told him as he cut his meat with fork and dagger. 'On the Wall, a man ge... GEORGE R.R. MARTIN Some of these biggest financial institutions are out there trading in commodities. They're buyin... ELIZABETH WARREN We had a booming stock market in 1929 and then went into the world's greatest depression. We hav... JEFFREY SACHS This case is well known and will set a precedent on aboriginal title based on earlier court decision... DOUG MCARTHUR
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I've wanted to be an Iron Chef forever. ALEX GUARNASCHELLI In England, it's a rare thing to see a player smoking but, all in all, I prefer that to an alcoh... ALEX FERGUSON If mass media, social isolation in the suburbs, alienating workplaces and long car commutes create a... ALEX STEFFEN What makes creative people tingle are interesting problems, the chance to impress their friends, and... ALEX STEFFEN I try to give the music more of a campfire feel as opposed to a library atmosphere. I like when you ... ALEX EBERT I, Alexander B. Campbell, make this statement of the cause of my death to relieve the coroner of the... ALEX CAMPBELL The idea that talent is directly proportional to your trophy cabinet is one I oppose. ALEX TURNER I just hope that as I get older, I calm down and enjoy the moment, enjoy the great gifts that God ha... ALEX RODRIGUEZ Californians don't have that marvelous British cynicism, but then the British can be so patroniz... ALEX KINGSTON The time I have already spent at Harvard has been a stimulating experience, and I look forward to de... ALEX FERGUSON It stuns me how effective children can be in their messaging, and I believe that every child should ... ALEX GUARNASCHELLI Although they might not admit it, I think girls are very aware of the impact that they're having... ALEX KAPRANOS I want to have lots of bodyguards around me and be surrounded by beautiful women while watching my b... ALEX PETTYFER I start warming up before training an hour before at the hotel. That's not because I feel old an... ALEX MORGAN I was on the field praising quarterback Dan Fouts during a ceremony to retire his number. Boos began... ALEX SPANOS The reason there is so little crime in Germany is that it's against the law. ALEX LEVIN The Internet has made some phenomenal breakthroughs that are still only poorly understood in terms o... ALEX STEFFEN Success is not the place one arrives, but rather the spirit with which one undertakes and continues ... ALEX NOBLE Mounting tensions in Eastern Europe send shivers down the spine. Barely a quarter of a century after... ALEX MORRITT I had never thought about playing volleyball until my freshman year, ... But Small stopped me in the... ALEX NOBLE It started clicking then, ALEX NOBLE Intimidation? Oh, gosh, I cried every day, ... I almost walked out the first day. One girl said I sh... ALEX NOBLE Oh, the miraculous energy that flows between two people who care enough to get beyond surfaces and g... ALEX NOBLE If I have been of service, if I have glimpsed more of the nature and essence of ultimate good, if I ... ALEX NOBLE If I'd stayed up there I'd be out of a job now, ALEX SANDERSON One step from the scrapheap, really. ALEX SANDERSON