ProPublica's Paul Kiel blogs that the Treasury Dept. quietly announced Friday afternoon that it was providing another $15 billion in its bailout of now wholly government-owned mortgage financier Fannie Mae. Fannie Mae has received a total of $60 billion in taxpayer bailout money, while its sister company, Freddie Mac, has received $50 billion. That's $110 billion in bailout money that doesn't come from the Troubled Asset Relief Program, but, as Kiel explains, a separate housing bailout. Barack Obama's home ownership assistance program has exacerbated Fannie Mae's troubles.

The New York Times' David Streitfield and John Collins Rodolf report that state attorneys general might start suing mega-banks: Frustrated by the banks’ inability or unwillingness to stop an avalanche of foreclosures, the states are considering lawsuits over the creation and marketing of millions of bad loans as well as the dismal pace of mortgage modifications. Such cases would have been impossible until recently, because federal regulators had exclusive oversight of national banks. But a 5-to-4 Supreme Court decision in June allowed the states to exercise their own supervision, giving them significant leverage. This Supreme Court case that gives state AGs some oversight over national banks is pretty amazing:

Nick Timiraos of the Wall Street Journal looks into problems at the Home Affordable Refinance Program, or HARP, a program of the Treasury Department. The program, designed to help homeowners renegotiate risky mortgages with their existing lenders, has helped 60,000 homeowners, when "the Obama administration said that millions of ...

Congress's bill to tax 90 percent of bonus money received by employees at bailed out companies will severely hurt the good people at Fannie Mae and Freddie Mac, say reports from Fannie Mae and Freddie Mac. Well, actually Zach Goldfarb ...