Company: Freddie Mac

The man at the center of the controversy over writing down mortgage principal on Fannie Mae and Freddie Mac loans isn’t wavering. He may be reconsidering previous loss formulas, factoring in new government subsidies for principal write-down, but his opinion seems largely unchanged.   Read More

The Obama administration is very close to announcing a plan that would sell government-owned foreclosed properties in bulk to investors who intend to use them as rental properties. The hope is that by taking this inventory out of the sale pipeline, the program could help the broader housing market recovery more quickly.   Read More

The Federal Reserve has put out a white paper on the housing market.    Read More

The lawsuit filed by the Securities and Exchange Commission against six executives of Fannie Mae and Freddie Mac may not be the worst of the executives’ worries.   Read More

We already know the housing crash was bad, perhaps the worst in history; tomorrow we will learn that it’s worse than we thought.   Read More

One reason to suspect that the six executives from Fannie Mae and Freddie Mac will not settle with the SEC any time soon: they are not paying their own legal bills.    Read More

GOP presidential candidate Newt Gingrich took aim at President Obama, denied ever doing any lobbying and called out House Minority Leader Nancy Pelosi in a wide-ranging interview with Larry Kudlow Tuesday.    Read More

While politicians bemoan regulatory burdens on business, most small businesses consistently say that the “single biggest problem” they face is low sales, not red tape or taxes, reports The New York Times.    Read More