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
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.
Regular investors are rolling the dice on the common stock of Fannie Mae and Freddie Mac in a big way, making a risky bet.
Another major investor will be suing the government to protect its rights as a preferred shareholder in government-sponsored entities Fannie Mae and Freddie Mac.
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.
Banks have been accused of foreclosing on homeowners because they failed to maintain mortgage paperwork. Now there are signs the same problem hurts mortgage bond investors too.
Take a look at some of Friday's midday movers:
Fannie Mae common shares have soared, but there may not be a happy ending for investors.
The Congressional Budget Office lowered its projection for the 2013 US deficit amid higher taxes and better-than-expected bailout repayments.
Steve Eisman, the hedge fund manager who famously bet against mortgages in the United States, has recommended investors now bet against Canada's mortgage lenders and banks.
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.
It's been a rough ride this year for Bank of America's investors, but the company is set for a major earnings rebound, according to Morgan Stanley.
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.
Bank stock investors are braced for a disappointing first quarter, but there is still plenty of value in select mid-cap names. TheStreet.com takes a closer look.
This Friday starts the earnings season for the nation's largest banks. What should the long-term investors pay attention to? TheStreet.com gives an overview.
I fear that one day when I wake up a meteor will hit the earth and it will alter everything in my life. Is this a possibility? Yes, of course it is. But is this a probability? Should my actions be based on my fear or on what I believe to be probable?
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.
U.S. mortgage finance company Freddie Mac is suing more than a dozen banks for losses from the alleged manipulation of the benchmark interest rate known as Libor.
Fannie Mae and Freddie Mac will form a joint venture for securitizing home loans that could end up replacing the two government-controlled mortgage finance giants.
U.S. government-run mortgage finance provider Freddie Mac earned $11 billion last year, the first annual increase in its net income since 2006.
Some of banking's best-known names are still trading at very attractive valuations to book value and earnings estimates, TheStreet.com says.