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Fannie and Freddie Writedowns Too Costly, Regulator Warns

The regulator for Fannie Mae and Freddie Mac told lawmakers that forcing the two mortgage firms to write down loan principal would require more than $100 billion in fresh taxpayer funds.

Ann Coulter Slams Newt Gingrich, Calls Him 'Least Electable' Candidate [VIDEO]

With Newt Gingrich, you throw out the baby and keep the bath water, Coulter told Fox & Friends. The outspoken conservative pundit, who supports Mitt Romney for the GOP nomination, claimed that the very fact the Gingrich won South Carolina was proof that the state was going back to its Democratic roots, and condemned the former House Speaker as both the least conservative and the least electable in the primaries.

Mitt Romney Slams Newt Gingrich on Ethics, 'Potentially Wrongful Activity'

Mitt Romney has gone on the offensive in the wake of a stinging loss to Newt Gingrich in the South Carolina primary, citing the ethics investigation that tarnished Gingrich's waning days in Congress and calling on Gingrich to release documents that could show he engaged in wrongful activity while working as a consultant.

Mitt Romney Wins Arizona and Michigan 2012 Republican Primaries

Humbled Romney Vows to Release Tax Returns

Humbled by a stunning loss in South Carolina, Mitt Romney said on Sunday he would release this week the tax returns demanded by rivals as he bids to regain the upper hand in the volatile Republican presidential race.

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File photo shows the headquarters of mortgage lender Freddie Mac in McLean

U.S. Mortgage Rates Fall to New Record Low of 3.89 Percent: Freddie Mac

U.S. 30-year fixed-rate mortgage rates fell to a new record low of 3.89 percent in the week ending Jan. 12, according to Freddie Mac.

Tebow’s Presidential Caucus: GOP Candidates Seek Endorsement

This week, Tim Tebow told reporters that more than one Republican presidential candidate has called to request his public endorsement. A brand new phase of the presidential primary has begun. You thought Iowa and New Hampshire were big. Those are nothing compared to the Tebow caucus.

Fannie Mae CEO to leave after successor chosen

Fannie Mae Chief Executive Michael Williams said on Tuesday he was stepping down from the government-controlled mortgage firm, which is at the center of a fight over how to reduce foreclosures.

Michael Williams, CEO of Fannie Mae, Resigns

Michael Williams, CEO of mortgage giant Fannie Mae, is resigning, the company announced on Tuesday.

New Hampshire Primary 2012: Jon Huntsman's Economic Plan

Here is an overview of Jon Huntsman's economic plan, as the former Utah governor scrambles to finish in one of the top spots in New Hampshire.

U.S. Government Seeks to Sell Foreclosures as Rentals

The federal government will soon begin selling government-owned foreclosed properties in bulk to investors as rentals, in a new effort to dispose of its growing portfolio of distressed properties.

Who is Jacob Lew? Like Predecessors, Obama's New Chief of Staff Has Financial Industry Background, Ties

Jacob Lew, a former Citigroup executive, reportedly received a $900,000 bonus from the company after it took $45 billion in taxpayer bailout funds in 2008.

The headquarters of mortgage lender Freddie Mac is shown in Washington

Freddie Mac Extends Payment Delays for Unemployed

Freddie Mac, the large federally controlled mortgage guarantor, announced that it would allow unemployed borrowers to delay mortgage payments for up to 12 months under a new plan.

Federal Reserve Bank of New York CEO William C. Dudley speaks at the Bretton Woods Committee International Council conference in Washington, September 23, 2011.

Federal Reserve Officials Urge More Help for the U.S. Housing Sector

Three top Federal Reserve officials aggressively pushed on Friday for more stimulus for the U.S. housing market, saying the government should be looking at ways to help the sector for the purpose of speeding the country's economic recovery.

Fed officials push more help for housing

Three top Federal Reserve officials aggressively pushed on Friday for more stimulus for the U.S. housing market, saying that other government policymakers as well as the central bank should be looking at ways to help the sector in order to speed the economic recovery.

Dudley speaks at the Bretton Woods Committee International Council conference in Washington

Fed Officials Push More Stimulus for Housing

Two top Federal Reserve officials on Friday pushed the case for more stimulus from the U.S. central bank to help the economic recovery, each zeroing in on the country's weak housing market.

U.S. Mortgage Rates Tumble to Record Low of 3.91 Percent

The average U.S. 30-year fixed-rate mortgage rate dropped to 3.91 percent, matching an all time low, in the week ending on Dec. 5, according to Freddie Mac.

A foreclosed home up for auction is seen during the Long Island Foreclosure Tour in New Hyde Park, New York

Foreclosure Reforms, Rental Shift to Aid Housing: Fed

The Federal Reserve released a report on Wednesday that called for changes to foreclosure processing and an expanded role for Fannie Mae and Freddie Mac to bolster the still-struggling U.S. housing market.

Richard Cordray's Attorney General Days Lay Foundation for CFPB

Richard Cordray's short time as Ohio's attorney general earned him national recognition as a Wall Street watchdog.

U.S. Mortgage Applications Closed 2011 with a 3.7% Drop: MBA

U.S. mortgage applications fell 3.7 percent in the week ending Dec. 30, compared to the week ending Dec. 16, according to the Mortgage Bankers Association (MBA).

U.S. Mortgage Rates End Year at 3.95 Percent, Near Historic Low: Freddie Mac

U.S. 30-year fixed-rate mortgage rates averaged 3.95 percent in the week ending Dec. 29, according to Freddie Mac.

2012 Laws: California Immigration to Illinois Penalties, What You Need to Know

A series of groundbreaking (and head-scratching) bills in states from Florida and Tennessee are set to become law on New Year's Day 2012. Here's everything you need to know, from aids for illegal immigrants and abortion restrictions to Utah's ban on Happy Hour and California's move for LGBT rights, and why you should care.

Construction workers continue work on a new subdivision of homes in San Marcos, California

10 Trends in U.S. Housing in 2011 and What to Look for in 2012

As the end of 2011 approaches, the housing market is another year removed from the subprime mortgage meltdown. But the legacy of the crash remains, as homeowners, lenders, regulators and brokers alike continue to deal with falling home prices, a glut of unprocessed foreclosures and an uncertain economy.