30-Year Mortgages Could Disappear If Fannie, Freddie Are Shutdown
The 30-year fixed-rate mortgage loan, the steady favorite of American borrowers since the 1950s, could become a luxury product, housing experts on bot...
The 30-year fixed-rate mortgage loan, the steady favorite of American borrowers since the 1950s, could become a luxury product, housing experts on bot...
AP | ALAN FRAM | Posted 05.25.2011
WASHINGTON — Treasury Secretary Timothy Geithner is telling Congress that the Obama administration wants Congress to approve legislation overhau...
HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011
NEW YORK -- Fannie Mae and Freddie Mac, the troubled mortgage giants taken over by the federal government, reported improved earnings last quarter as ...
AP | MARCY GORDON | Posted 05.25.2011
WASHINGTON — Government-controlled mortgage buyer Freddie Mac managed a narrower loss of $1.7 billion for the October-December quarter of last y...
Bloomberg | Lorraine Woellert | Posted 05.25.2011
Taxpayer aid to Fannie Mae and Freddie Mac will reach $224 billion by the end of 2012, of which $55 billion will be returned in dividends to the U.S. ...
James Pethokoukis | Posted 05.25.2011
Main Street may be about to get its own gigantic bailout. Rumors are running wild from Washington to Wall Street that the Obama administration is abou...
Hank Paulson | Henry Paulson | Posted 05.25.2011
Fannie Mae and Freddie Mac should not be allowed to revert to their old form, crowding out private competition and putting taxpayers on the hook for f...
AP | ALAN ZIBEL | Posted 05.25.2011
WASHINGTON — The call from business for less government has a notable exception: the mortgage market. The Obama administration invited banking ...
nytimes.com | BINYAMIN APPELBAUM | Posted 05.25.2011