(Housing News) Once thought an impossibility, the controversial Mel Watt has been confirmed as the next head of the FHFA, which some say is due to...
Mel Watt has been nominated to lead the FHFA, and while his personal story is inspiring, his political career and role in the subprime crisis put...
Edward DeMarco has taken heat for years in his role leading the FHFA, but the White House could try again to nominate a replacement. Meanwhile, DeMarco...
While housing has a long way to go until it is recovered, new data reveals that one economic indicator continues slowly improving - home prices.
With the FHFA still overseeing Fannie Mae and Freddie Mac, the three are seeking to possibly sell off their delinquent loans, according to the Treasury Department.
Housing has shown tiny signs of improvement, triggering hopeful forecasts, but the return to pre-crash normal is a long road ahead.
As federal agencies issue release after release on the topic of principal forgiveness, each pushing their opinion, housing remains broken in many peoples' eyes, and DeMarco...
As agencies and lawmakers fight over how to wind down the government's involvement in propping up housing, Geithner comments that the job is behind schedule but...
Loan forgiveness is a very controversial measure, but one that Fannie Mae and Freddie Mac urge their conservator, the Federal Housing Finance Agency to consider as...
Although the government has only reached a quarter of its goal and had to extend its foreclosure prevention programs for another year, the program is showing...
Losses to legal costs The Office of Inspector General of the Federal Housing Finance Agency (FHFA) is reporting today that legal fees for former leaders of...
The way forward for Fannie, Freddie The Federal Housing Finance Agency (FHFA) today sent a strategic plan to Congress regarding Fannie Mae and Freddie Mac over...
FHFA pulls the trigger After an extended period of talking about selling off their massive inventory of foreclosed properties (Real Estate Owned properties, or REOs), the...
Firey inspector general report The inspector general for the Federal Housing Finance Agency released a report this week that is highly critical of the U.S. Federal...
One “lavish” conference Fannie Mae and Freddie Mac spent more than $640,000 this fall to send 100 employees to a Chicago mortgage-industry conference and to host...
Home prices up Although only by 0.2 percent, the Federal Housing Finance Agency’s (FHFA) seasonally adjusted purchase-only house price index (HPI) shows minor improvement for the...
Fannie and Freddie – misunderstood? “The mortgage giants Fannie Mae and Freddie Mac are not blameless in the foreclosure crisis, but the case against them is...
Bigger bonuses after bigger losses? Freddie Mac has just requested $6 billion in additional federal aid after third quarter losses of $4.4 billion, just one day...
Poor performance still commands millions It was reported today by Politico that the Federal Housing Finance Agency (FHFA) who regulates Fannie Mae and Freddie Mac has...
A troubled Fannie Mae Four Fannie Mae staff members have been placed on administrative leave pending a federal investigation by the Federal Housing Finance Agency (FHFA)...
FHFA forces Fannie and Freddie to comply A recent Federal Housing Finance Agency (FHFA) report noted that since 2003, Fannie Mae and Freddie Mac knew that...
As housing continues to struggle after a massive crash, the most powerful man in housing is taking some heat, and Democrats are calling for his head.
Fannie Mae knew as far back as 2003 that various law firms the agency had hired to foreclose on homes were abusing authority according to a...
There is one person more powerful than President Obama when it comes to housing, and that is FHFA Director, Edward DeMarco. Here's why:
Billions in taxpayer money, millions in executive pay After $130 billion taken in direct taxpayer money since 2008, mortgage financiers Fannie Mae and Freddie Mac are...
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