U.S. Housing Starts Plummet in April, But Permits Surge by The Associated Press May 16th 2013 8:47AM Ground-breaking for new U.S. homes plummeted more than expected in April from an almost five-year high.
U.S. Homebuilders' Confidence Climbs in May by The Associated Press May 15th 2013 10:21AM Confidence among U.S. homebuilders rebounded in May, reflecting improved sales trends during the spring home-selling season.
Fannie Mae Posts Record $60B Quarterly Profit by The Associated Press May 10th 2013 6:13AM Mortgage-backer Fannie Mae will pay a dividend of $59.4 billion to the U.S. Treasury next month, a feat thought unthinkable just a few years ago following a federal bailout.
Court: U.S. Can Pursue Case Against BofA Over Mortgages by Reuters May 8th 2013 3:35PM A federal judge rules that the U.S. can pursue parts of a civil lawsuit against Bank of America for its sale of toxic mortgages to Fannie Mae and Freddie Mac.
Freddie Mac Posts Near-Record Profit in First Quarter by Reuters May 8th 2013 9:08AM Mortgage giant Freddie Mac earned $4.6 billion from January through March, helped by a stronger housing market.
U.S. Home Prices Surge 10.5% in March by The Associated Press May 7th 2013 4:25PM A survey shows U.S. home prices rose 10.5 percent in March compared with a year ago, the biggest gain since March 2006.
BofA, MBIA Reach Settlement in Mortgage Dispute by Reuters May 6th 2013 3:00PM Bank of America agrees to pay MBIA $1.6 billion to settle a dispute over soured mortgage securities issued during the U.S. housing boom.
