NEW YORK (CNNMoney.com) -- The Treasury Department retained Wall Street's Morgan Stanley on Tuesday to advise it on its new authority to prop up troubled mortgage financiers Fannie Mae and Freddie Mac. Treasury Secretary Henry Paulson reached out to ...

Keeping Fannie Mae and Freddie Mac afloat could set taxpayers back as much as $25 billion, a congressional budget analyst said Tuesday. But if history is any indicator, that estimate might turn out to be chump change. Initial projections by the ...

WASHINGTON : A federal rescue of Fannie Mae and Freddie Mac could cost taxpayers $25 billion, congressional budget experts said, as the House scheduled a Wednesday vote on legislation that would tap the troubled mortgage giants' profits to cover any ...

Fears that the government will be forced to rescue Fannie Mae and Freddie Mac could well become a self-fulfilling prophecy. Shares of the government-chartered mortgage finance giants plummeted Thursday. If the prices don't recover, it will be harder ...

The trillion-dollar mortgage time bomb Risks are rising that Fannie Mae and Freddie Mac may need a government bailout that could cost far more than previous rescues. By Chris Isidore, CNNMoney.com senior writer April 21, 2008: 5:46 AM EDT NEW YORK (CNNMoney.com) -- Among the nightmares lurking aroun ...

I’ve been keeping an eye on mortgage rates to see if I should refinance. Despite the higher conforming loan limits for Fannie Mae and Freddie Mac, the rates don’t seem to have come down. My understanding is that it will take some time ...