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New York City :: NY :: USA | 2 days ago

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Dollars and charts via Shutterstock) In the crazy years of the housing boom the financial sector was a gigantic cesspool of excess and corruption. There was big money in pushing and packaging fraudulent mortgages. The country paid a huge price for

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New York City :: NY :: USA | 4 days ago

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A deal to resolve a U.S. regulator's claims against Goldman Sachs Group Inc over mortgage-backed securities sold to Fannie Mae and Freddie Mac leading up to the financial crisis could cost the bank between $800 million and $1.25 billion, according to

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New York City :: NY :: USA | 4 days ago

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ET Goldman Sachs Group Inc. may soon face the largest legal payout in its 140-plus years. The New York investment bank has held settlement talks in recent months with the Federal Housing Finance Agency, a U.S. regulator that oversees Fannie Mae and

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Sunnyvale :: CA :: USA | 5 days ago

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For the past few years, we have argued that the economy needs to continue the process of deleveraging as consumer and government debt levels remain far too high from an historical perspective. While we agreed with the Fed's initial aggressive action

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Frankfurt :: Germany | 5 days ago

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Labor Department releases employment data for July, 8:30 a.m.; Commerce Department releases personal income and spending for June, 8:30 a.m.; Institute for Supply Management releases its manufacturing index for July, 10 a.m.; Commerce Department

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Los Angeles :: CA :: USA | 5 days ago

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When Jaime and Juana Coronel's house was foreclosed on in 2010, Fannie Mae took possession. Now it is coming back on the market for an amount the couple could probably afford. (Jamie Rector/Photography by: Jamie Rector) July 25 at 9:21 AM After 20

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Los Angeles :: CA :: USA | 6 days ago

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30-year mortgage rate unchanged at 4.13%; Fannie Mae says demand rising for home loans Fannie Mae: Large lenders have eased mortgage standards a bit, but many smaller lenders still tightening Fannie Mae: Modest increase in demand for mortgages

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Miami :: FL :: USA | 6 days ago

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Average U.S. long-term mortgage rates were stable to slightly higher this week, remaining near their lows for the year. Mortgage company Freddie Mac says the nationwide average for a 30-year loan was 4.13 percent, unchanged from last week. The

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Los Angeles :: CA :: USA | 13 days ago

Credibility Credibility of 5

Freddie Mac says mortgage rates have leveled off; this week's average for 30-year loand is 4.12% Wells Fargo CFO: Bank has 'somewhat' eased its guidelines for issuing mortgages. The cost of getting a mortgage has leveled off, with

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Washington :: DC :: USA | 13 days ago

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Andrew Harrer/Bloomberg) After a slight uptick last week, mortgage rates wandered back down, according to the latest data released Thursday by Freddie Mac. The 30-year fixed-rate average slipped to 4.13 percent with an average 0.6 point.

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