Rules for 'jumbo' mortgages to change this year
Beginning on Oct. 1, the government will dial back on the size of mortgages it guarantees in high-cost areas like San Francisco, New York and Washington. Full story
Housing reality trumps dogma for some in GOP
Shutting down Fannie Mae and Freddie Mac should fit seamlessly into the Republican drive to shrink government. But the reality is far from it. Full story
IMF urges U.S. budget include Fannie, Freddie costs
The United States should include in its budget the cost of mortgage loan guarantees and other housing supports, the International Monetary Fund said on Wednesday in a rare criticism of its biggest shareholder. Full story
Fannie report warned of foreclosure problems: report
WASHINGTON (Reuters) - Fannie Mae was warned in a 2006 internal report of abuses in the way lenders and their law firms handled foreclosures, The Wall Street Journal reported on Thursday. Full story
Fed's balance sheet hits record in latest week
NEW YORK (Reuters) - The U.S. Federal Reserve's balance sheet expanded to a record size in the latest week, as the central bank continued to purchase bonds, Fed data released on Thursday showed. Full story
Geithner to Congress: Revamp housing in 2 years
The Obama administration wants Congress to approve legislation within two years that overhauls Fannie Mae and Freddie Mac, the nation's huge but financially feeble housing market giants, Treasury Secretary Timothy Geithner is telling lawmakers. Full story
Sponsored Links
Articles
Video
Lewis Ranieri Sets Record Straight
Lewis Ranieri, the man who created the modern mortgage, weighs in on housing, Fannie Mae, Feddie Mac and more.
Government Housing Headache
Edward Glaeser, Harvard University economics professor, discusses the reform of GSEs like Fannie Mae and Freddie Mac.
Kashkari on GSEs
Neel Kashkari, PIMCO managing director, discusses Fannie Mae and Freddie Mac.
Boehner: Government ‘needs’ to get out of housing market
House Speaker John Boehner discusses the possibility that Washington will wind down government-sponsored mortgage giants Fannie Mae and Freddie Mac.
Treasury Overhaul Plan
CNBC's Steve Liesman has the details on the Treasury's plans to overhaul Fannie Mae and Freddie Mac next week.
advertisement | ad info
Related Photos
File photo of the Fannie Mae headquarters in Washington
A sign in front of the Fannie Mae headquarters is photographed in Washington in this February 11, 2011 file photo. Fannie Mae was warned in a 2006 internal report of abuses in the way lenders and their law firms handled foreclosures, The Wall Street Journal reported on March 24, 2011. REUTERS/Molly
FBI PROBES FINANCE GIANTS FOR FRAUD: REPORT
A view of Fannie Mae headquarters is seen on July 14, 2008 in Washington, DC. The US Federal Bureau of Investigation is probing allegations of fraud by 26 Wall Street firms including several investment giants whose collapse sent world markets into turmoil, US media said September 23, 2008. The FBI h
