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Obama Heads to Phoenix to Pitch Mortgage Reform

(WASHINGTON) — President Barack Obama is proposing to overhaul the nation's mortgage finance system, including shutting down government-backed Fannie Mae and...

UBS in Settlement With US Over Mortgages

(GENEVA) — Swiss banking giant UBS AG says it has reached "an agreement in principle" to settle a U.S. lawsuit over billions of dollars in mortgage bonds. The...

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Fannie Mae, Freddie Mac attract investor groups

Investor groups are scooping up shares of Fannie Mae and Freddie Mac and even offering to buy core pieces of their businesses, complicating legislative efforts to shut down the...

Bank of America to pay Freddie Mac $ 404 million

Bank of America will pay $404 million to mortgage buyer Freddie Mac to settle all remaining claims over home loans sold in the previous decade. Click to Continue>> ...