The National Credit Union Administration is suing Bank of America and U.S. Bank for their roles in the 2008 mortgage meltdown.
Economists may have a way to make banking regulations stronger and dampen their negative impact on the economy.
The Federal Reserve chairman spoke about why he’s worried about the “fiscal cliff” and how the Fed’s transparency on rate movement will benefit markets.
Fannie Mae and Freddie Mac have been in the news more than Lindsay Lohan since they were placed in conservatorship in 2008. What does that mean for bond investors? Most recently, ratings agency Standard & Poor’s reported that overhauling the Federal Home Loan Mortgage Corporation, aka Freddie Mac, and the Federal National Mortgage Association, aka
How mortgage rates are set is complicated — until you read this primer on bonds, mortgage-backed securities and mortgage loan pools.