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Mortgage giant Fannie Mae wants to get its hands on nearly $11 billion in government aid after it posted a huge loss for the quarter. As of right now, the only entity that has gotten more government money than Fannie Mae and its little brother …

Sundays are typically slow news days, therefore today I would like to dedicate this post to Pontiac. Recently GM announced that it would be killing off the brand to restructure the company and hopefully get some more of that government money it so desperately needs.
So, …

The FBI is starting an investigation into IndyMac about home loan fraud. (as of right now) No one knows when the FBI started their inquest, but I am pretty sure it started around the time the government seized the bank.
The FBI doing an inquest …