The Obama administration's announcement that it is broadening its mortgage modification program is all about getting Fannie Mae and Freddie Mac's regulator to agree to principal reduction, reports CNBC's Diana Olick.
CNBC's Diana Olick has the latest details on the resignation of Michael Williams. "These are challenging jobs, that you have to look at in two to three year increments", says the outgoing Fannie Mae CEO.
Mike Williams, the CEO of Fannie Mae, announces he will be stepping down from his post, reports CNBC's Diana Olick.
Financials soared on refinancing rumors, today. Discussing what's fueling the speculation and its impact on banks, with CNBC's Diana Olick, and Chris Whalen, Tangent Capital Partners. Also, the trade on financials, with the Fast Money traders.
CNBC's Diana Olick reports on proposed plans to raise Fannie Mae and Freddie Mac lender fees and pass the money on to the U.S. Treasury to help pay for the payroll tax cut. The housing lobby is fighting the idea.
A new plan to help the housing market could make foreclosed homes a sought after commodity, with CNBC's Diana Olick.
CNBC's Diana Olick has the details of Fannie Mae's resale strategy to steady home prices around foreclosures, as well as minimizing losses on them.
The Fast Money traders share lead financial losses due to the Fannie Mae lawsuit, and which banks are involved.
CNBC's Diana Olick with the results from the Federal National Mortgage Association survey.
Treasury Secretary gives his opening statement to the House Financial Services Committee on "Mortgage Finance Reform: An Examination of the Obama Administration's Report to Congress."
Discussing whether the government should unwind the GSEs, with Lewis Ranieri of the Hyperion Group.
Lewis Ranieri, often credited with creating the modern mortgage, speaks to the threat of a second massive wave of foreclosures.
Lewis Ranieri, widely considered the "father" of the mortgage bond, reveals why it will take a long time to reduce the role Fannie and Freddie play in the real estate market. Plus, his take on what's needed to revive the private sector's role in the mortgage-backed securities market.