By Joseph Lawler | 09/02/14 12:36 PM
The FHFA proposal calls for the agency to buy more refinancing mortgages for low-income families and to increase Fannie Mae's goals for low-income families in multifamily units.
By Joseph Lawler | 08/27/14 08:10 AM
Federal rules are scaring home lenders from making loans to anyone without excellent credit, a dynamic that top economic policymakers say is holding back the nation's economic recovery.
By Lawrence Kudlow | 08/25/14 10:07 PM
The Bank of America settlement "highlights a pattern of the government extorting the banks," said a former Wells Fargo CEO, and he's absolutely right.
By Joseph Lawler | 08/25/14 01:23 PM
Sales of new homes fell short of expectations in July, as the U.S. housing market fails to recover quickly enough to contribute to a stronger economic recovery. The Census Bureau reported Monday morning that 412,000 new single-family homes were sold in July, well below the roughly 430,000 that...
08/07/14 12:16 PM
WASHINGTON (AP) — Government-controlled mortgage companies Fannie Mae and Freddie Mac posted profits for the April-June period as the U.S. housing market continued to recover. Gains in recent years have enabled them to fully repay their government aid after being rescued during the financial...
08/07/14 09:15 AM
WASHINGTON (AP) — Fannie Mae is reporting net income of $3.7 billion from April through June as the housing market continued to recover. Though the government-controlled mortgage giant reported its 10th straight profitable quarter Thursday, the second-quarter profit was down 63 percent from...
08/05/14 09:15 AM
IRVINE, Calif. (AP) — An Orange County employee of Fannie Mae has been sentenced to 15 months in federal prison for taking kickbacks from a real estate broker who sold properties on behalf of the mortgage giant. The U.S. Attorney's office says 45-year-old Armando Granillo was also ordered...
By Hester Peirce | 07/24/14 03:12 PM
The difficulty of Dodd-Frank implementation is not primarily the regulators' fault; the problem comes from Dodd-Frank's determination to rely on government regulation as a cure for government policy distortions. Instead, let's work on getting rid of the distortions that encourage people to behave...
By Byron York | 09/01/14
By Byron York | 08/31/14
By Paul Bedard | 09/02/14
By Becket Adams | 09/01/14
By Washington Examiner | 09/01/14