Under fire for refusing to write down mortgage principals, the regulator over Fannie and Freddie Mac, the companies that control about half of the nation’s  ‘underwater’ mortgages, instead is touting the ...

The regulator of Fannie Mae and Freddie Mac is offering to investors packages of foreclosed properties with the requirement that they be rented out for a specified number of years. The goal is to reduce the impact ...

Mortgage financing giant Fannie Mae, taxpayer-subsidized since late 2008, today reported a net loss of $2.4 billion in the fourth quarter of 2011, compared with a net loss of $5.1 billion in the third quarter of ...

Bank of America, the second-largest U.S. lender by assets, said it would no longer sell new mortgages to Fannie Mae, the government-owned home loan purchaser. Bank of America said loan customers would not feel the ...

The regulator over Fannie Mae and Freddie Mac has outlined goals in a plan to Congress of building a new infrastructure for the secondary mortgage market and gradually reducing the roles of the two companies But ...

A dangerous combination of unresolved foreclosure properties and the epidemic of negative equity could create a scenario where homes prices “overshoot and fall below” fundamental home values – creating a big ...

Pressure is intensifying on the regulator that controls the two mortgage financing giants Fannie Mae and Freddie Mac to get on board an effort by the Obama Administration to reduce the mortgage principals of “underwater” ...

Since the peak of home loan availability in 2007, U.S. mortgage credit has contracted about 13 percent. During most economic recoveries, mortgage credit begins to grow again four years after its peak ­– but not ...

Updated 05.06.2012: Beginning this month, homeowners are to be evaluated under the latest enhancements to the Obama Administration’s under-performing foreclosure rescue program, which has been extended by another ...

U.S. Treasury Secretary Timothy Geithner has provided a list of Wall Street reform’s accomplishments as GOP presidential candidates have vigorously assailed the Dodd-Frank legislation of 2010, the impetus for ...