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Tag: FNMA

Inside Fannie Mae and Freddie Mac’s Billion-Dollar Machine

Often relegated to the pile of "financial blackboxes" among investors, Fannie Mae (NASDAQOTCBB: FNMA ) and Freddie Mac (NASDAQOTCBB: FMCC ) are incredibly profitable....

Billions in Fines, but No Jail Time for Bank of America?

Bank of America (BAC) has now joined JPMorgan Chase (JPM) in a special category called: Banks That Agreed to Pay Billions in Fraud Fines...