TopNews Arab Emirates California Initiates 'Major Action' Against Fannie, Freddie Over PACE Program Wall Street Journal SAN FRANCISCO (Dow Jones)–California Attorney General Jerry Brown said Tuesday he is initiating a “major action” against mortgage giants Fannie Mae (FNM) … Mortgage -Bond Yield Spreads Approach Lowest Level on Record Washington Post Voros: Fannie and Freddie still running fast and loose San Jose Mercury News Banks, others, face potentially major lawsuits over mortgage backed securities … Examiner.com Santa Rosa Press Democrat

Wall Street Pit (blog) Fannie Mae Serious Mortgage Delinquencies Rise Above 5% Housing Wire The government-sponsored enterprise (GSE) Fannie Mae (FNM: 0.96 -4.00%) reported a serious delinquency rate for its mortgage portfolio of 5.29% … Fannie Mae mortgage holdings, delinquencies jump Reuters UK The Urbanist Case Against Fannie Mae and Freddie Mac Streetsblog Capitol Hill (blog) Fannie, Freddie Get Tough With Banks Wall Street Journal BusinessWeek