Feds ban price-gouging practice surrounding ‘force-placed’ home insurance, to shore up Fannie Mae and Freddie Mac.
Finally, the two mortgage giants swing into positive territory.
The troubled mortgage company is filing complaint against 15 banks.
Fannie and Freddie are extending appraisals for those affected by Sandy. Does that mean your lender will, too? Not necessarily.
Fannie, Freddie and the FHA are offering help to homeowners who live in areas where a major disaster has been declared as a result of Sandy.
A revised bailout plan will accelerate dissolution of the mortgage giants.
The rising profits of Fannie Mae and Freddie Mac signal a stabilizing housing market.
Dismantling mortgage giants Fannie Mae and Freddie Mac, which together guarantee approximately three-quarters of all new home loans, is turning out to be a complicated operation. On the one hand, Congress wants to shut down the agencies and get the government out of the mortgage business. On the other hand, it has to be done
Statistically, America may be digging out of the foreclosure quagmire caused by subprime mayhem and the subsequent collapse of the housing bubble …
Troubles continue to plague Fannie Mae and Freddie Mac, the giant mortgage companies that were taken over by the government in 2008 and bailed out by taxpayers. The Securities and Exchange Commission, or SEC, sued three former executives at each of the two companies, including the former CEOs, charging them with misrepresenting the amount of