Recent moves by the White House suggest that the US may be nearing a settlement with Fannie Mae and Freddie Mac shareholders, says Dick Bove. » Read More
Take a look at some of Friday's midday movers:
Take a look at some of Monday's midday movers:
Activist investor Bill Ackman is boosting his stake in both Fannie Mae and Freddie Mac to more than 11 percent in each.
If Fannie and Freddie are allowed to die, it will crush home prices — and hurt the economy, says bank analyst Dick Bove.
Some of Wednesday's midday movers:
The parabolic moves of companies such as Plug Power make CNBC's Jim Cramer uneasy about the health of the five-year bull market.
Stocks declined on Tuesday as news from China hit commodity prices..
The leaders of the Senate Banking Committee on Tuesday announced an agreement on legislation to wind down government-owned mortgage financiers Fannie Mae and Freddie Mac, jump-starting a long-standing debate that could still take years to resolve.
Lehman will pay $767 million in cash to Freddie Mac, settling a dispute over loans it was scheduled to pay the day it declared bankruptcy.
The DoJ and the CFTC have both held investigations into whether BofA engaged in improper trading by doing its own futures trades ahead of executing large orders for clients.
Wells Fargo will pay a net $541 million to Fannie Mae to settle claims over defective home loans.
Fannie Mae sued nine banks accusing them of colluding to manipulate interest rates and seeking more than $800 million of damages.
The Obama administration was able to scrape up against the government's debt ceiling for five months before it came to the brink of default. It could have less breathing room in 2014.
Fairholme Capital founder Bruce Berkowitz holds a number of contrarian positions, including Fannie Mae and Freddie Mac. He expects big returns over the long term.
U.S. federal regulators on Wednesday will unveil a reworked proposal aimed at reducing risk in the mortgage market and limiting shoddy underwriting practices.
In the 1990s, U.S. banks used life insurance to bet that their employees would eventually die. Now those wagers are coming back to haunt Wall Street banks.
The president has entered the debate about whether Freddie Mac and Fannie Mae should be eliminated. Here's a primer on what that would mean.
A bipartisan group of U.S. senators on Tuesday introduced a bill to abolish Fannie Mae and Freddie Mac and replace them with a government reinsurer of mortgage securities.
Mark Zandi, a well-known economist, is a front-runner to lead the U.S. housing regulator and oust Edward DeMarco, who critics say hasn't done enough to aid homeowners, the Wall Street Journal reported.
Deutsche Bank cut its previously reported 2012 pretax profit by 600 million euros, hit by new charges related to mortgage-related lawsuits and other regulatory investigations.