A US judge is considering an alternative that could result in Bank of America paying much less than the $863.6 million the government is seeking.» Read More
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.
The Congressional Budget Office lowered its projection for the 2013 US deficit amid higher taxes and better-than-expected bailout repayments.
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.
Homeowners with government-backed mortgages may have a fresh shot at receiving meaningful mortgage relief, but it will likely come with strings attached, reports TheStreet.com.
CNBC's Rick Santelli talks with Brian Battle, Performance Trust Capital Partners, about President Obama's nomination to replace the head of the FHFA.
After the payroll tax increase, many worried that consumers would stop spending and further slow the economy. Nope. Not yet, anyway.
CNBC's Rick Santelli talks with Anthony Sanders, The Mercatus Center, about likely candidates to run the Federal Housing Finance Agency.
Fannie Mae earned $17.2 billion last year, the biggest annual profit in the U.S. mortgage giant's history, driven by the housing recovery.
Rick Santelli uses his tie to illustrate his argument that even though Fannie Mae and Freddie Mac are making money they shouldn't stay on the same path. (2:39)
Housing data released Tuesday was mixed, prompting economist Robert Shiller to call the housing recovery positive in the short-term, but not without many headwinds.
CNBC's Rick Santelli talks with Edward Pinto, American Enterprise Institute about mortgage market reform and its consequences.
CNBC's Rick Santelli wonders whether Freddie Mac and Fannie Mae are really helping the housing market.
Yo, VIP, let's kick it! Ice Ice Baby, Ice Ice Baby. — Vanilla Ice
U.S. mortgage finance company Freddie Mac is suing more than a dozen banks for losses from the alleged manipulation of the benchmark interest rate known as Libor.
Profits must come through public confidence, and public confidence is given to any merchant in proportion to the service which he gives to the public.
While prudent borrowers are using extra cash to pay down debt, many are either forgoing the savings to shorten the term of the loan, or spending it.
CNBC's Diana Olick reports a U.S. consumer watchdog group has made mortgage policy changes on banks in an effort to protect borrowers from the ills of the past decade.