Borrowers With High Credit Scores Penalized Under New Federal Mortgage Fee Plan
Plus: Buzzfeed News is shutting down, alcohol delivery not linked to higher rates of booze consumption, and more...
Fannie Mae and Freddie Mac
The Biden Administration Flirts With Imposing Nationwide Rent Control Via Executive Action
The White House's idea of using Freddie Mac and Fannie Mae to adopt rent control faces numerous legal and practical hurdles.
What Caused the 2008 Financial Crisis: Market Distortions or Market Failure? A Debate
Former BB&T Bank CEO John Allison vs. Moody's Mark Zandi
Trump's Plan To Privatize Fannie Mae and Freddie Mac Leaves Taxpayers on the Hook for Future Bailouts
In his sweeping reform proposal, President Trump suggests a privatization scheme for the GSEs behind the 2008 recession, but it doesn't go nearly far enough.
Is Another Financial Crisis On the Way?
We didn't learn the lessons of the last crisis. Does that mean we're doomed to repeat it?
Obama Ally Wages Class Warfare, Says Bailout Victims Are Too Rich to Sue the Government
The outcome of a legal dispute should depend on the substance of the law and the facts rather than whether one of the parties is "megarich."
Bank of America To Pay Freddie Mac Over Mortgage Dispute
BofA says its reserves can cover the $404 million payment
Obama Set To Outline Fannie Mae and Freddie Mac Overhaul
Expected to endorse plans to make implicit bailouts a thing of the past
Citigroup to Pay Fannie Mae Nearly $1 Billion over Bad Loans
Includes 3.7 million mortgages
Fannie Mae Made $17.2 Billion in 2012
Also paid dividends of $11.6 billion to the U.S. Treasury
Government Policy the Major Villain in Mortgage Meltdown
Feds pushed a "no down payment" policy that increased risk
Mortgage Rates Hit Record Lows
The average rate on the 30-year loan declined to 3.49 percent from 3.55 percent last week
Fannie Mae Reports Profits, Won't Need Tax Money
Second quarter in a row lender didn't need bailout to stay solvent.
Chicago Crosses the Line In Trying to Maintain Property Values
Banks that comply with Chicago's new law may be liable for burglary, trespassing, or similar crimes.
