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FANNIE MAE AND FREDDIE MAC
The bailout of Fannie Mae and Freddie Mac has signaled an economic crisis for many. How are the mortgage finance companies faring as the housing market slumps? What will the government do to prop them up and keep them operating effectively?
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The government now backs about 90 percent of new home mortgages. A new report outlines a plan for getting the private...
Freddie Mac, buoyed by the housing market's rebound and an improving economy, reported an $11 billion annual profit for...
The average rate on a 30-year fixed mortgage stood at 3.56% in the week ended Feb. 21, just above the previous week’s 3.
The majority of homeowners who refinance maintained or reduced their mortgage debt in the latest quarter, according to...
As the government calls a program to buy mortgage-backed securities a success, a court case is a reminder of how much...
The United States housing market is not yet in good shape, but it is getting better, and in that there may be hope for...
The gradual but below-potential economic growth seen in 2012 is likely to continue in 2013 and into 2014, according to...
Banks are fighting an effort by Fannie Mae to cut costs on backup insurance policies often imposed on cash-strapped...
NEW YORK — Bank of America says its fourth-quarter earnings shrank as it cleaned up old problems from its mortgage unit.
Bank of America's fourth-quarter profit plunged 63%, weighed down by charges over a dispute with Fannie Mae and a...
In many cases when the government reaches a financial settlement with a corporation, the companies later deduct the...
Experts who were accurate about 2012 offered their thoughts on stocks, bonds and real estate for this year.
WASHINGTON — Average U.S. rates on fixed mortgages rose this week but remained close to record lows. Cheap mortgages...
In an attempt to prevent future housing crises, the Consumer Financial Protection Bureau has issued new laws for...
The problems at Bank of America have cut down its mortgage ambitions, ceding market dominance to Wells Fargo and...
Bank of America will pay $3.6 billion to Fannie Mae as well as repurchase certain mortgage loans made from 2000 through...
BofA reached an $11.6 billion settlement to end a dispute with Fannie Mae and joined nine other banks in agreeing to...
CHARLOTTE, N.C. — Bank of America says it will spend more than $10 billion to settle mortgage claims resulting from the...
The settlement will resolve all of the lender’s disputes with Fannie Mae over troubled mortgages that soured during the...
Shares slipped after the Standard & Poor’s 500-stock index closed out last week at level not seen for five years.
The regulator of Fannie Mae and Freddie Mac is running into opposition over a proposal to raise fees on mortgage loans...
Here’s a wish list for what might bring happiness to United States investors, taxpayers, home buyers and consumers in...
A government watchdog's report estimating Fannie Mae and Freddie Mac's Libor losses lays out an easy-to-follow road map...
Fannie Mae and Freddie Mac may have lost more than $3 billion as a result of banks' alleged manipulation of a key...
Top Sources: Fannie Mae and Freddie Mac
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