Rising rates, in addition to tighter underwriting and fast-rising home prices, have pushed borrowers away from larger lenders.» Read More
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.
More than five years after the housing market collapsed, the U.S. government's newly created consumer watchdog said Thursday it will force banks to verify a borrower's ability to repay loans to ward off the kind of loose lending that helped push the U.S. economy into recession.
CNBC's Rick Santelli discusses the changing landscape in the real estate market as well as the need for reform, with Anthony Sanders, George Mason University professor.
Will there be a bailout for the FHA? CNBC's Rick Santelli, weighs in on whether the government agency should get more money.
Mortgage rates may be near record lows, but potential homebuyers are still finding it difficult to get a mortgage, Lending Tree founder and CEO Doug Lebda told CNBC’s “Squawk on the Street.”
CNBC's Steve Liesman and Rick Santelli break down the latest economic data on ISM services and jobs. Jan Hatzius, Goldman Sachs chief economist, also weighs in.
CNBC's Rick Santelli shares his thoughts on mass principle write-downs on Fannie Mae and Freddie Mac.
CNBC's Rick Santelli weighs in on GSE reform and deregulating banks.
Richard Perry, Perry Capital CEO, discusses how the U.S. economy can get a boost by opening up the mortgage markets again and putting Fannie Mae and Freddie Mac back on stable ground.
Even though mortgage rates are falling to record lows for a second straight week, getting a loan isn't easy, with CNBC's Diana Olick and Mary Thompson. Jim Iuorio, TJM Institutional Services, also weighs in on how to play the housing market.
CNBC's Eamon Javers reports the Treasury predicts profits of between $10-$100 billion from the the federal government's financial crisis bailouts, depending on future economic conditions.
FHFA's DeMarco defends his position on principal reduction today, with CNBC's Diana Olick.
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.
Insight on a new report out that reveals Freddie Mac may have invested heavily in securities that would lose value if homeowners refinanced, with Jesse Eisinger, ProPublica senior reporter.
CNBC's Seema Mody, reports shares of Starbucks fell despite record revenues; a federal judge ruled BP must indemnify Transocean against compensatory damages related to the Gulf of Mexico oil spill; and Freddie Mac reports the average rate on the 30-year fixed crept up to 3.98% and 3.24% on the average 15-year fixed mortgage.
CNBC's Eamon Javers reports GOP candidate, Newt Gingrich released his consulting contract with Freddie Mac and Fannie Mae.
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 Eamon Javers reports on the SEC lawsuit against six former top executives of Fannie Mae and Freddie Mac for securities fraud. Also, Andrew Stoltmann, Stoltmann Law Offices and David Bissinger, Siegmyer Oshman and Bissinger weigh in on details of the suit.
CNBC's Eamon Javers has the story on the SEC charging former top executives of Fannie Mae and Freddie Mac with securities fraud.
SEC enforcement division director Robert Khuzami says the Fannie Mae & Freddie Mac executives being charged with securities fraud have caused companies to misstate mortgage exposure; with commentary from CNBC's Eamon Javers.