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Fannie and Freddie to launch joint securities venture
Nancy Marshall-Genzer Mar 5, 2013
The regulator overseeing Fannie Mae and Freddie Mac has announced an idea to reform the mortgage giants. It involves starting a joint venture to bundle mortgages into securities that people can invest in.
Fannie, Freddie to let some underwater homeowners walk away
David Lazarus Feb 1, 2013
Mortgage heavyweights Fannie Mae and Freddie Mac have announced a bailout program for struggling homeowners who are current on their payments. If there's a pressing need to leave their property, they can just walk away.
Banks settle again, homeowners to get relief
Dan Bobkoff Jan 7, 2013
In a costly day of legal settlements, 10 banks agree to pay $8.5 billion to four million homeowners for mishandling their foreclosures.
High salaries at Freddie, Fannie draw attention
Nancy Marshall-Genzer Dec 10, 2012
A government watchdog released a report this morning that scrutinizes the pay of senior staffers at Freddie Mac and Fannie Mae. The report is from the inspector general of the Federal Housing Finance Agency, which oversees Fannie and Freddie.
Justice Department sues Bank of America over mortgage fraud
Kai Ryssdal Oct 24, 2012
The Justice Department says Countrywide Financial -- which B of A bought in 2008 -- cranked out bad home loans without proper checks to make sure they were legit, and then sold those mortgages to Fannie Mae and Freddie Mac.
Mortgage giants face new carrot -- and stick
Bob Moon Aug 17, 2012
Fannie Mae and Freddie Mac get some slack on repaying government bailout funds. But they’ll have to shrink their businesses faster than planned.
Treasury to change relationship with Fannie, Freddie
Jeremy Hobson Aug 17, 2012
There's word this morning that the Treasury Department is going to revamp its financial relationship with the mortgage giants Fannie Mae and Freddie Mac.
A positive sign: Profits for Fannie Mae, Freddie Mac
Adriene Hill Aug 8, 2012
Rising home prices contribute to profits for the bailed-out mortgage lenders. Higher home prices should help the real estate market and homebuyers, too.
How will the payroll tax cut be paid for?
Mitchell Hartman Dec 23, 2011
The payroll tax cut is expected to be extended for another two months. How will lawmakers come up with the billions it's going to cost?
Regulating Fannie and Freddie
John Steele Gordon Dec 19, 2011
The SEC charged two former CEOs of the mortgage giants for failing to fully report their companies' exposure to subprime mortgages.
