The week’s top news in world financial markets from Maximus Capital

Dec 17, 2009
Written using materials from Bloomberg and Reuters

USA Fannie Mae and Freddie Mac’s federal regulator is renegotiating the companies’ financing plan with the U.S. Treasury Department and may seek an increase to their $400 billion federal lifeline before the end of the year. Treasury and Federal Housing Finance Agency officials are also debating whether to lower the cost of the companies’ dividend payments on their borrowings from the Treasury. Fannie Mae and Freddie Mac, the largest sources of mortgage money in the U.S., hav ...

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