The FHFA filed 18 lawsuits against Goldman and other banks in 2011 over about $200 billion in mortgage-backed securities that later went sour.» Read More
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.
Nearly $13 million dollars in bonuses will be paid to executives at Fannie Mae and Freddie Mac. CNBC's Eamon Javers has the details, with Andrew Stoltmann, Stoltmann Law Offices partner.
A new plan to help the housing market could make foreclosed homes a sought after commodity, with CNBC's Diana Olick.
CNBC's Diana Olick reports Fannie & Freddie's conservator is understaffed; KB Home reported Q3 losses of $9.6 million; and the overnight bank rate hits 4 percent.
The FHFA, overseer of Fannie and Freddie, is susing UBS over private label mortgage backed securities it sold to the GSEs, with CNBC's Diana Olick.
CNBC's Diana Olick reports most Americans believe home sales will fall over the next year; fewer sellers are willing to cut prices, and there's a bipartisan effort to merge Fannie and Freddie into a single company.
CNBC's Diana Olick reports Freddie Mac's mortgage portfolio continues to shrink, delinquencies on commercial mortgage-backed securites fell in May, and strategic default may be on the decline.
CNBC's Diana Olick reports Freddie Mac's mortgage portfolio continues to shrink, delinquencies on commercial mortgage-backed securites fell in May, and strategic mortgage defaults may be on the decline.
CNBC's Diana Olick reports the construction industry added 2,000 jobs in May, Freddie Mac is making adjustable rates mortages available to multi-family sector, and a Texas lender is now offering, "super jumbo" loans.
Discussing the benefits of a long-term mortgage and whether the 30-year fixed will be a thing of the past, with Jed Smith, National Association of Realtors and Mark Calabria, Cato Institute.
Treasury Secretary gives his opening statement to the House Financial Services Committee on "Mortgage Finance Reform: An Examination of the Obama Administration's Report to Congress."
Discussing whether the government should unwind the GSEs, with Lewis Ranieri of the Hyperion Group.