This week marks the five-year anniversary of Fannie Mae and Freddie Mac's being placed into conservatorship. Bruce Berkowitz of Fairholme Capital Management explains why Fannie and Freddie shares should be returned entirely to the public market.
Fannie Mae reported net income of $10.1 billion for Q2, and its CEO Tim Mayopoulos expects revenues to be stable and earnings to be strong over the next few years. CNBC's Diana Olick reports.
CNBC's Diana Olick explains why the president is calling both lenders to be shut down despite strong second-quarter profits.
CNBC's Diana Olick reports that Fannie Mae reports a $10.1 billion 2nd-quarter profit. This week, President Obama proposed winding down Fannie Mae as a part of the home buying process.
President Obama's plans to slowly wind down Fannie Mae and Freddie Mac and replace them with private capital. Gene Sperling, Economic Council director, weighs in on the President's plan.
CNBC's Diana Olick reports on President Obama's plan to overhaul Fannie Mae and Freddie Mac. He wants more private capital in the mortgage market.
President Obama wants to dismantle Fannie Mae & Freddie Mac and streamline the mortgage process, reports CNBC's Diana Olick.
Shaun Donovan, Housing and Urban Development secretary, provides a preview of President Obama's speech on housing later today in Arizona, including the shutdown of Fannie Mae & Freddie Mac and simplifying the mortgage application process.
David Stevens, Mortgage Bankers Association CEO, gives his read on the direction of mortgage rates, as interest rates move up nearly a full point in the last month or so.
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.