The FHFA just announced that it will no longer allow Fannie and Freddie to purchase or guarantee so-called "non-qualified" mortgages with more than 30 years amortization or that have interest only payments, among other restrictions.

WASHINGTON — Home prices are up. Foreclosures are down. Construction is up. And now comes the latest sign of the U.S. home market's revival: Fan...

By Jessie Eisinger ProPublica Freddie Mac, the taxpayer-owned mortgage giant, made it harder for millions of Americans to refinance their high-i...

Take news about rising bank profits and combine it with reports about land grabs by private equity firms, and you've got a deal made in hell. You can bet working schmucks like you and me won't be invited to the closing party.

Acting Federal Housing Finance Agency (FHFA) Director Ed DeMarco has not been shy about letting underwater homeowners sink. This week, he made it painfully clear that despite the Administration calling for principal reduction, he would have no part of it.

Between Freddie and Fannie's latest woes and the United States Postal Service teetering on collapse, it's been a bad week or so for quasi-governmental agencies.

Republicans and Democrats both agree that the government's mortgage giants Fannie Mae and Freddie Mac can't continue in their current form, but variou...

Since the government took over Fannie Mae and Freddie Mac, taxpayers have spent more than $160 million defending the mortgage finance companies and th...

How did Fannie and Freddie lose so much money? There are many reasons, but the two most important are not products for low-income borrowers. They are products that invite fraud.

According to the Congressional Oversight Panel, many private label mortgage backed bonds have a fatal defect that Wall Street is downplaying: many mortgage backed bonds may not be backed by mortgages.

WASHINGTON — The nation's largest banks have an obligation to pay some of the cost for bailing out mortgage buyers Fannie Mae and Freddie Mac be...

If nobody does their job right, and disaster ensues, who should pay for the sins of all? That is the predicament now confronting the mortgage industr...

Home prices will decline into next year, Fannie Mae said Thursday, reversing earlier projections that the housing market would stabilize this year. ...

WASHINGTON — The former Countrywide Financial Corp. gave preferential loans to more than three dozen employees of Fannie Mae while the two giant...

Frannie and Freddie are here to connect lenders and borrowers. They aren't here to borrow money, promise to repay, and then make mortgages that are hi...

From the earliest days of the credit crisis, the nation's big financial institutions have been less than forthcoming about ballooning loan losses buri...

With the private sector largely incapacitated, the GSEs and FHA became virtually the only source of mortgage financing. This is a paradoxical situatio...

The Washington Post reports that according to Michael Barr, the assistant Treasury secretary for financial institutions, the Treasury Department has b...

Barney Frank, the Washington Post reports, "has unexpectedly called into question the safety of investing in Fannie Mae and Freddie Mac, raising the s...

Fifteen months after Fannie and Freddie were effectively nationalized, neither the Obama administration nor Congressional leaders see a quick solution...