Bernanke Signals Fed Will Keep Stimulus in Place by The Associated Press May 22nd 2013 10:55AM Fed Chairman Ben Bernanke tells Congress that the U.S. job market remains weak and that it is too soon for the central bank to end its extraordinary stimulus program.
5 Things You Must Know About Mortgages by Dan Caplinger May 17th 2013 5:00AM Even after the housing crisis, many potential buyers still don't know even the most basic things about mortgages. Here are five essential facts about financing a home.
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.