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.
The law requires FHFA to be the conservator for Fannie & Freddie, and the lawsuit filed Sunday could very well end up in the Supreme Court, says Matthew McGill, partner in the law firm taking up the case.
CNBC's David Faber reports Perry Capital wants to stop the Treasury from enforcing the "Third Amendment" or the way the department deals with Fannie Mae and Freddie Mac.
James Grosfeld, former Pulte Home chairman and CEO, explains how a significant rise in interest rates will limit the number of families applying for mortgages.
CNBC's Rick Santelli talks with Glenn Schultz, Performance Trust, about how the rise in mortgage rates is likely to cause a decline in the rate of home price appreciation.
Even with a recent rise, mortgage rates are still "incredibly low" by historical standards, so they will not halt the housing recovery, Trulia Chief Economist Jed Kolko told CNBC.
Sens. Bob Corker, R-Tenn., and Mark Warner, D-Va., discuss their bipartisan plan to reform housing finance.
Positives for the real estate market are strong, Colony Capital CEO Tom Barrack says.
David Stevens, Mortgage Bankers Association CEO, provides an outlook on where interest rates are likely headed and the impact of Fed tapering on the housing market.
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.