The Kroll Bond Rating Agency recently released a study saying it does not believe there will be any GSE reform for the housing finance market until at least 2016 and that lenders and investors should operate as if they do ...

As the U.S housing market continues to recover, a third of all counties in the United States are less affordable now than they have been in the past 100 years, according to a study published by RealtyTrac. The firm's latest housing affordability ...

The U.S. government is set to see another $5.6 billion from Fannie Mae and Freddie Mac as both GSEs continue to post solid earnings. Both companies released on Thursday their earnings reports for the second quarter, reporting subdued profits compared to recent quarters as ...

The Board of Governors of the Federal Reserve and the Federal Deposit Insurance Corporation announced that they had completed the review of the second round of resolution plans submitted by 11 large banks. The Dodd-Frank Wall Street Reform and Consumer ...

Parents of millennials are more likely than other generations to have their adult children still living at home, but according to a study by Fannie Mae, more than half of them don't mind their children staying in the nest. For ...

U.S. payrolls grew less than expected in July, a potential sign that the labor market recovery might be cooling after an early summer hiring spike. According to the Department of Labor, the economy added 209,000 jobs in July, falling short of the 233,000 ...

Director Richard Cordray of the Consumer Finance Protection Bureau has testified before the House Financial Services Committee on the subject of discrimination within the bureau. Cordray went on record to say: “Because of the speed with which we tried to ...

Homeownership in the United States lost ground in the second quarter, declining to a new 19-year low as consumers—particularly young adults—continue to grapple with debt and difficulties obtaining credit. According to the Census Bureau, the U.S. homeownership rate was 64.7 percent ...

Despite an anticipated pickup in economic growth and housing recovery, Fannie Mae expects the economy to grow at just 1.5 percent overall this year. Fannie revised its previous estimate of 2.1 percent growth for 2014 after a disappointing first quarter, ...

The ongoing tension between the Justice Department and the House Committee on Oversight and Government Reform saw a new development this week as Committee Chair Representative Darrell Issa, requested the department turn over all of its documents related to its recent securities settlements with JPMorgan ...