Items Tagged with 'Bailout'


  • Fannie Mae needs billions from Treasury for the first time since 2012. What happened?

    Credit the Republican tax plan, and much more
    If you’ve been playing close attention, you knew this day was coming, but that doesn’t make it any less shocking. Fannie Mae needs money from the government for the first time since 2012. So, how did we get here? The easy answer is to blame the Republican tax plan, and in many ways, that’s correct… but it’s far more complicated than that.
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  • Republican tax plan will trigger another Fannie, Freddie bailout

    Reduction in corporate tax rate would impact GSEs’ deferred tax assets
    On Thursday, the Republicans finally released their highly anticipated tax reform plan, and as it turns out, the Tax Cuts and Jobs Act could bring a flashback to the housing crisis that many thought they’d never see again – another bailout of Fannie Mae and Freddie Mac, according to an investigation by HousingWire.
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  • Fannie, Freddie fail Dodd-Frank severe stress test

    Would need nearly $100 billion bailout in economic adversity
    The Federal Housing Finance Agency released the latest results for Fannie Mae and Freddie Mac’s stress test. The results showed the GSEs would need a combined total of nearly $100 billion to bail them out in the case of a severe economic crisis.
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  • Fitch: Trump tax cuts could force another Fannie Mae, Freddie Mac bailout

    Corporate tax rate cut could lead to additional Treasury draw
    Speaking before a meeting with airline executives, President Donald Trump said Thursday that his administration plans to unveil a tax reform plan in the coming weeks, with changes to corporate and personal taxes likely on the agenda. While those changes would likely be well received by corporate America, a new report from Fitch Ratings suggests that cutting corporate tax rates by as much as the president suggested could lead to Fannie Mae and Freddie Mac needing another bailout from the government.
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  • New York Times: Fannie Mae and Freddie Mac being 'held captive'

    How involved was the white house in 2012 profit sweeps?
    On Wednesday the court unsealed documents that proved just how involved the White House was in the Treasury’s decision to sweep the mortgage company’s profits. It seems that the administration may not have ever intended to release the companies back to the private sector.
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  • Fed's Kashkari: Time to end 'too big to fail'

    Former overseer of TARP bailout suggests breaking up big banks
    The fundamental shifts in the country’s economic policy in the wake of the economic crisis were not enough to prevent another catastrophic meltdown and more needs to be done to ensure that a future economic downturn doesn’t turn into another crisis, Neel Kashkari, the newly minted President of the Federal Reserve Bank of Minneapolis, said Tuesday.
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  • Fed adopts new rule limiting 'too big to fail' bailouts

    New emergency lending policy targets 'broad-based' issues, not specific firms
    Amid pressure from Congress to rein in its power to prop up a troubled financial institution, the Federal Reserve did just that Monday, adopting a new rule that will limit its ability to bail out failing financial institutions.
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  • Compass Point: Fannie Mae, Freddie Mac will need another bailout

    It’s no longer a question of if. It's a question of when
    The disappointing third quarter results for Fannie Mae and Freddie Mac have many already questioning whether the current financial status of the government-sponsored enterprises is stable. New analysis from Compass Point Research & Trading suggests that it’s no longer a question of if the GSEs will need another bailout. Now, it’s simply of a question of when.
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