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Fannie, Freddie could need US$126b in crisis, test shows

Published Tue, Aug 9, 2016 · 09:50 PM

New York

FANNIE Mae and Freddie Mac could need as much as US$125.8 billion in bailout money from taxpayers in a severe economic downturn, according to stress test results released on Monday by their regulator.

The Federal Housing Finance Agency (FHFA) said that the government-controlled companies, which back nearly half of new mortgages, would need at least US$49.2 billion.

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Property

Property

Fannie, Freddie could need US$126b in crisis, test shows

Property

Singapore office rents in central region fall 1.7 per cent in Q1 after rising for 9 quarters

Singapore retail rents slip 0.4% in Q1 as vacancy rates creep up

Country Garden plans to present debt revamp plan in H2, sources say

Hong Kong home prices rise for first time in 11 months after curbs scrapped

HDB resale prices accelerate, rising 1.8% in Q1 on stronger demand

Private home prices ease to 1.4% rise in Q1; rents fall a further 1.9%

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