The Treasury Department took major new steps today to bolster troubled housing finance companies Fannie Mae and Freddie Mac, making plans to increase the amount they can borrow from the government and enabling the government to directly invest in the firm

The trade group for mortgage insurers spent more than $1.1 million lobbying in the first quarter on issues dealing with the housing market slump, according to a recent disclosure form.

WASHINGTON – A government order that temporarily banned a certain kind of short selling of the stocks of mortgage finance companies Fannie Mae and Freddie Mac and 17 large investment banks was set to expire Tuesday. The companies’ shares have stabiliz

Hubris is an amazing thing. It causes those infected by it to justify actions that would normally be indefensible. Take Alan Greenspan, for instance. He recently penned an editorial in the Financial Times claiming that under his leadership, the Federal Re

It's a global shift that some are calling the Great Reckoning. For a generation, economists warned that Americans were living too large. With wallets crammed with credit cards and home-equity loans available to any homeowner who could sign his or her nam