The housing industry has waited three months to find out how Mel Watt will govern taxpayer-owned mortgage companies Fannie Mae and Freddie Mac.» Read More
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.
CNBC's Maria Bartiromo speaks to Sheila Bair, Pew Charitable Trusts and former FDIC chairman, about Fannie Mae and Freddie Mac as a source to pay for the proposed extension of the payroll tax cut, the Volcker Rule and MF Global.
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.
Did GOP presidential candidate, Newt Gingrich take $1.5 million from Freddie Mac? CNBC's Eamon Javers, has the details. Also, what are the political ramifications for Mr. Gingrich, with Sara Fagen, CNBC contributor; Dana Milbank, Washington Post; and Tony Fratto, Hamilton Place Strategies.
There are reports that Newt Gingrich got $1.6-1.8 million under two contracts from Freddie Mac, with CNBC's Eamon Javers.
Discussing whether jobs are the number one reason why the housing market has not recovered, with Fred Glick, US Loans Mortgage, and Christopher Mayer, Columbia University.