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
Another major investor will be suing the government to protect its rights as a preferred shareholder in government-sponsored entities Fannie Mae and Freddie Mac.
Sen. Bob Corker, (R-TN), provides his views on reforming home finance by introducing bipartisan legislation that will replace Fannie Mae and Freddie Mac with a privately capitalized system.
CNBC's Kate Kelly reports on the lawsuit against the Treasury and Federal Housing Finance Agency by hedge fund Perry Capital. Under a 2012 amendment known as the "sweep amendment," profit sharing was eliminated, she says.
CNBC's Kate Kelly reports Perry Capital is suing the Treasury Department over its handling of the government-controlled entities. And the FMHR traders have the play on banks ahead of second quarter earnings.
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.