Under current law, JPMorgan can deduct its $5.1 billion settlement with Fannie Mae and Freddie Mac from its taxes. Some Democrats are trying to change that.
Reuters reports the Federal Housing Administration may need a bailout from the federal government.
The government is trying to wind down Fannie Mae and Freddie Mac, which could really change the mortgage picture out there. What can we expect to see if the government-backed companies go private or have a diminished role?
Congress's proposed plans to phase out government-backed mortgage giants Fannie Mae and Freddie Mac will almost certainly mean higher mortgage rates for consumers.
The government-backed mortgage lender just posted its second largest profit in history.
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.
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.