SunTrust Mortgage has agreed to pay $968 million to settle a federal probe into allegations of mortgage origination, the US Justice Department said.» Read More
Perry Capital is filing suit over Fannie and Freddie in an effort to stop the Treasury from enforcing the "Third Amendment," reports CNBC's David Faber.
The law requires FHFA to be the conservator for Fannie & Freddie, and the lawsuit filed Sunday could very well end up in the Supreme Court, says Matthew McGill, partner in the law firm taking up the case.
CNBC's David Faber reports Perry Capital wants to stop the Treasury from enforcing the "Third Amendment" or the way the department deals with Fannie Mae and Freddie Mac.
James Grosfeld, former Pulte Home chairman and CEO, explains how a significant rise in interest rates will limit the number of families applying for mortgages.
Citigroup has agreed to pay $968 million to Fannie Mae to resolve potential future repurchase claims on residential mortgage loans originated between 2000 and 2012.
CNBC's Rick Santelli talks with Glenn Schultz, Performance Trust, about how the rise in mortgage rates is likely to cause a decline in the rate of home price appreciation.
Even with a recent rise, mortgage rates are still "incredibly low" by historical standards, so they will not halt the housing recovery, Trulia Chief Economist Jed Kolko told CNBC.
Sens. Bob Corker, R-Tenn., and Mark Warner, D-Va., discuss their bipartisan plan to reform housing finance.
Banks have been accused of foreclosing on homeowners because they failed to maintain mortgage paperwork. Now there are signs the same problem hurts mortgage bond investors too.
Positives for the real estate market are strong, Colony Capital CEO Tom Barrack says.
David Stevens, Mortgage Bankers Association CEO, provides an outlook on where interest rates are likely headed and the impact of Fed tapering on the housing market.
Doug Duncan, Fannie Mae, and Howard Ward, CIO, GAMCO Investors, discuss what's moving the markets, as investors await a decision from the Fed on tapering its asset-buying policies.
After falling dramatically for more than a month, applications for mortgage refinances finally swung to the positive last week, rising 5 percent despite the rise in mortgage rates.
Sen. Bob Corker, (R-TN), shares his views on why the government should get its fiscal house in order through entitlement and tax reform, privatizing intelligence gathering, and implementing GSE reform.
Bruce Berkowitz's Fairholme Capital Management takes $500 million preferred equity stake in Fannie Mae and Freddie Mac.
CNBC's David Faber reports gains from government-sponsored enterprises were swept into the U.S. Treasury as a dividend payment.
Mortgage giant Fannie Mae has now been turning a profit for more than a year, and the chief beneficiary of that profit is the federal government.
Barney Frank, Former Congressman (D-MA), shares his view on fixing Fannie Mae, the housing market and the state of Wall Street.
The mortgage corporation is reporting its largest profit in history, reports CNBC's Diana Olick.
Edward Pinto, resident fellow at American Entreprise Institute, discusses how the U.S. mortgage lending business should be reformed following strong profits from Fannie Mae.