Shares of Fannie Mae and Freddie Mac dived after Mnuchin made comments about not supporting "recap and release" during his hearing.
WASHINGTON— President-elect Donald Trump's choice to become Treasury secretary, Steven Mnuchin, will sell 43 assets to avoid conflicts of interest in office, according to new filings made public Wednesday by the U.S. Office of Government Ethics. Mnuchin, an investment banker and financier with a disclosed net worth of at least $166 million, holds investments...
The final retail roundtable of 2016 highlights how Main Street is investing with Wayne Smalls, Department of Health and Human Services, and Anthony Bonsignore, student at University of South Carolina Beaufort.
Tim Rood, Collingwood Group chairman, discusses the state of the housing market and his meeting with the President-elect.
Discussing possible implications of privatizing government-sponsored enterprises like Fannie Mae and Freddie Mac, with Karen Petrou, Federal Financial Analytics, and Mark Hanson, M. Hanson Advisors.
Douglas Holtz-Eakin, president of the American Action Forum, joins CNBC's Rick Santelli for an exclusive conversation on Fannie and Freddie.
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.
The buzz about another possible bailout of Fannie Mae and Freddie Mac doesn't make any sense, says Dick Bove. Here's why.
This is a "Goldilocks economy" for commercial real estate — not too cold, not too hot, but just right, says Colliers economist Andrew J. Nelson.
There's a new mortgage crisis brewing — only this one is completely different than the one in 2008, says bank analyst Dick Bove.
A U.S. Treasury official and a director at the New York Federal Reserve are among those who have been considered to replace two hawkish Fed policymakers, according to people familiar with the searches.
Getting a mortgage in the U.S. may be easier than many borrowers think, according to a survey released Monday by Wells Fargo.
Goldman said it would repurchase the securities sold to Fannie Mae and Freddie Mac over the 2005-2007 period.
In the complaint, Pershing Square alleged that Treasury illegally seized tens of billions of dollars in Fannie and Freddie profits.
The FHFA filed 18 lawsuits against Goldman and other banks in 2011 over about $200 billion in mortgage-backed securities that later went sour.
Some of Friday's midday movers:
In some ways, David Brat is Larry Kudlow's kinda guy. But, not in all ways. Here's Larry's take on the guy who upset Eric Cantor in the GOP primary.
There is something seriously wrong with bank regulation and litigation in the US today, says bank analyst Dick Bove.
Take a look at some of Tuesday's midday movers:
The Massachusetts attorney general has sued Fannie Mae and Freddie Mac over alleged refusal to engage in foreclosure buyback programs.