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Lawmakers consider federal pay system for Fannie Mae, Freddie Mac execs

Freddie Mac and Fannie Mae came under fire from the House Oversight and Reform Committee on Wednesday for awarding millions of dollars to executives. The hearing came just a day after the House Financial Services Committee passed a bill to convert execs' pay to the federal pay system.

Tags: Freddie Mac , Fannie Mae , pay and benefits , executive pay , SES , GS , House , Darrell Issa , Joe Walsh ,

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CEO who led Fannie after gov't takeover to quit

Michael J. Williams announced Tuesday he will continue as CEO and as a director until a successor is found.

Tags: Michael Williams , FHFA , Fannie Mae, Freddie Mac , mortgage , SEC

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