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Fannie and Freddie to allow principal reductions in California
Jeff Horwich Sep 14, 2012
This week, Fannie and Freddie quietly put out some "clarifying language" that could mean a lot to some beleaguered homeowners in California and in other states.
Bernanke's low mortgage rate
Sarah Gardner Sep 6, 2012
Thanks to financial disclosure rules, we know what Federal Reserve Chairman Ben Bernanke pays on his mortgage.
VIDEO: The ECB's bond-buying program explained with bonbons
Paddy Hirsch Sep 6, 2012
The European Central Bank is set to go on a bond-buying spree in an effort to save the euro and stem the debt crisis. But how does it work? It helps to think about candy.
Draghi levels his big bazooka at eurozone debt
Stephen Beard Sep 6, 2012
Making good on earlier promises, European Central Bank chief Mario Draghi has unveiled a huge bond-buying program aimed at tackling the European debt crisis.
Eurozone members wary of buying other countries' bonds
Christopher Werth Aug 28, 2012
Several countries in the eurozone are preparing to borrow by selling bonds. Each nation in the bloc is becoming more wary of buying the debt of its neighbors.
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.
Collective home ownership on the rise
Ann Heppermann Aug 13, 2012
Your friends and you have been through a lot together -- but do you think you can buy a house with them?
CFPB proposes new rules for mortgage servicers
Jeff Horwich Aug 10, 2012
The Consumer Financial Protection Bureau today proposed new rules for the companies that service your mortgage. The proposed reforms seem to mandate a big upgrade in customer service.
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.
FHFA rejects White House plan for Fannie and Freddie
Amy Scott Aug 1, 2012
A federal housing regulator is rejecting a White House plan to help borrowers who are underwater on their mortgages. That means they owe more than their homes are worth and there are about 11 million people in that category. The Federal Housing Finance Agency said the potential benefits of cutting mortgage balances for those people don't outweigh the costs.
