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Mortgage finance companies Fannie Mae and Freddie Mac are suspending foreclosures for about 16,000 households during the holiday season. ...more
November 20, 2008
The federal government's $700 billion bailout of the financial industry could help homebuilders and mortgage lenders, but is unlikely to bring fast relief to anybody trying to buy or sell a house anytime soon. ...more
October 4, 2008
WASHINGTON - A federal grand jury is investigating accounting and disclosure issues at Fannie Mae and Freddie Mac, the mortgage finance companies said Monday. ...more
September 29, 2008
Consumers shopping for a loan have yet to see much benefit from the government takeover of Fannie Mae and Freddie Mac almost three weeks ago, but the new chief executive officers of the mortgage finance companies planned to tell lawmakers Thursday that they are working to stabilize the housing market. ...more
September 26, 2008
The evidence is mounting that Tampa Bay home sales have hit bottom, even though prices are still in a free fall. ...more
September 25, 2008
Home prices in July fell 5.3 percent compared with a year ago, a government agency said Tuesday, and have now receded to October 2005 levels. ...more
September 24, 2008
Battered housing developers are a getting a bit more optimistic about their prospects for the next six months, an index of the sector's confidence showed Tuesday. ...more
September 17, 2008
The federal government will not pay the ousted chief executives of mortgage finance companies Fannie Mae and Freddie Mac up to $24 million in exit packages. ...more
September 16, 2008
Shares of mortgage finance companies Fannie Mae and Freddie Mac continued their plunge Wednesday as investors became increasingly convinced that the stocks will drop to zero if the government bails out the troubled companies. ...more
August 21, 2008
Whether or not the government is actually on the verge of taking over mortgage finance companies Fannie Mae and Freddie Mac, investor fears that a bailout is imminent could turn such a worst-case scenario into reality. ...more
August 20, 2008
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