Here's why Fannie Mae's and Freddie Mac's new proposal to help homeowners should be adopted, says housing expert Elyse Cherry. » Read More
The leaders of the Senate Banking Committee on Tuesday announced an agreement on legislation to wind down government-owned mortgage financiers Fannie Mae and Freddie Mac, jump-starting a long-standing debate that could still take years to resolve.
Higher interest rates, flat household income and all-cash investors are making it harder to find a house at the right price.
A year ago, Berkowitz formally attempted to simultaneously manage both a hedge and mutual fund. So far, so good.
As banks that comply with Islamic law are making inroads into the global banking scene, Western businesses are working to meet their expectations.
With a steep jump in home prices this year, sales of repossessed homes spiked, accounting for 10 percent of all residential sales.
Ralph Nader has fought many battles against powerful interests and now says it's time for investors to band together to fight corporations.
After investing close to $7 billion in rental properties, Blackstone is offering cash to smaller investors looking to get into the game.
Seven $1 million homes will be featured, all with Main Street addresses. Which homes will give buyers the biggest bang for the buck?
The spring could bring a new surge in home sales, but buyer demand will be hit head-on by changes unfolding in the mortgage business. Learn more.
Rising rates, in addition to tighter underwriting and fast-rising home prices, have pushed borrowers away from larger lenders.
Former Fannie Mae CFO Timothy Howard explains the trends he wrote about in his book "Mortgage Wars."
The use of eminent domain to halt foreclosures is still only a threat, and rather than helping the housing market, it may cause damage.
Fairholme Capital's founder says he's confident he can raise the billions needed for his proposal to buy Fannie and Fannie's insurance components.
In an exclusive CNBC interview, David Faber talks with Fairholme Capitol CEO Bruce Berkowitz about their proposal to buy Fannie Mae and Freddie Mac for $52 billion. Berkowitz says housing finance is critical to the American dream.
Founded by a disabled vet, Mischler Financial offers servicemen and women with financial experience a unique opportunity.
Rebecca S. Mairone, a midlevel executive at Bank of America's Countrywide mortgage unit, was held liable by a federal jury in Manhattan.
Loan limits at Fannie Mae and Freddie Mac will remain at $417,000 in general and $625,000 for higher-priced markets. CNBC's Diana Olick reports.
Some lenders will not do them at all without tax verification from the IRS. Others are delaying the process.
David Stevens, Mortgage Bankers Association CEO, explains how an extended government shutdown will likely impact the mortgage market, the IRS and the economy.
Markets are down, but price action and light volume suggests the market thinks a government shutdown will be avoided.