You can call it a bailout, a rakeover - I mean, takeover - or socialism for cash.
But, whatever you call it, it's not going to...
A hedge fund hoping to capitalize on the comeback of Fannie Mae and Freddie Mac claims in a lawsuit the government illegally seized the profits...
If this week's economic reports showed us anything, it's the fact that two years into what's supposed to be an economic recovery, the U.S. housing...
Mortgage-industry industry leaders will attend a summit with government officials today (Tuesday) to discuss how to reform Fannie Mae (NYSE:
Data last week showed a job market that's careening down a steep street with no breaks. Yet investors were able to shrug off employment concerns, as...
A report issued by the Federal Reserve Bank of New York shows that so-called "
The cost to fix Fannie Mae (NYSE:
A white paper on bank reform delivered to Congress and regulators last week by the Association of Mortgage Investors - the powerful lobbying group...
It was November 2008, and a global financial crisis that started in the U.S. credit markets had already leveled such one-time corporate stalwarts...
Anxiety surrounds Tuesday's Federal Open Market Committee (FOMC) meeting as the central bank's year-long mortgage-backed securities (MBS) purchase...
U.S. banks, drunk with greed, drove the nation's economy to the brink of financial Armageddon. To save U.S. banks from losing their...
Outside of the earthquake rescue efforts in Chile and the Greek-rescue efforts in Brussels, the big news in the world economy last week occurred in...
In the monthly U.S. Treasury report this week, it was announced that China had sold $34.2 billion of Treasuries in December (or allowed short-term...
When U.S. President Barack Obama unveiled the $787 billion "stimulus" bill of extra spending and modest tax cuts last year, it became clear...
Here in the United States, investors have been startled by the realization that Washington no longer appears to be acting as a benefactor to Wall...
Next Wednesday, Jan. 13, won't be just another hump day. It's a key date for regulators in both the United States and Europe who are preparing to...
Existing home sales surprised the markets by rising 7.4% to an annual rate of 6.54 million units in November, the highest since February 2007,...
Americans could be in for a rude awakening in coming months when they discover the true scope of the massive national debt racked up by the U.S....
With our investment news briefs, Money Morning provides investors with a quick overview of the most important investing...
With our investment news briefs, Money Morning provides investors with a quick overview of the most important investing news stories from all around...
