News

  • Down but not out, Freddie Mac sees profits soar by Ryan Smith

    Freddie Mac has posted its second-largest quarterly profit ever, even as Congress and the White House discuss ways to kill off the mortgage giant

  • SEC points finger at brokers in BofA suit by Diana Aqra

    The SEC has accused mortgage brokers of originating the majority of the bad loans that went into an $855m mortgage-backed security deal that has landed a lawsuit at Bank of America’s door

  • Obama sounds Fannie and Freddie death knell by Ryan Smith

    President Barack Obama called for the replacement of Fannie Mae and Freddie Mac with a new government mortgage reinsurer that would be more insulated from financial reverses

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