Posts with tag Daniel Mudd

NEW YORK -- The Securities and Exchange Commission charged six former executives of Fannie Mae and Freddie Mac with securities fraud on Friday for misrepresenting their holdings of high-risk mortgage loans. The SEC is targeting three former executives of Freddie Mac, including chief executive officer Daniel Mudd, chief... Continue Reading »

Who's to blame for the collapse of the U.S. housing market? That question is at the root of the hearings being held by the Financial Crisis inquiry Commission, a bipartisan commission of former political officials. Republicans want to blame Fannie and Freddie for their risky loan practices, or federal officials for their... Continue Reading »