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.
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.
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.
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.
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.
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.
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?
Dec 19, 2011
The SEC charged two former CEOs of the mortgage giants for failing to fully report their companies' exposure to subprime mortgages.
Dec 16, 2011
Federal regulators at the Securities and Exchange Commission just this morning charged several former executives at mortgage giants Fannie Mae and Freddie Mac with civil fraud
Nov 15, 2011
Two hearings on Capitol Hill are looking into Fannie Mae and government-backed mortgage loans. The House Financial Services Committee voted to rein in some of the million-dollar salaries for Fannie Mae executives.