The Daily Caller

The Daily Caller

Frank haunted by stance on Fannie, Freddie - Boston Globe

Frank did not imagine that his words would eventually haunt a reelection bid

Foreclosures complicated by mortgage rodeo - USA Today

Homeowners are fighting foreclosure by challenging the legal powers of MERS, a company set up by the mortgage industry that is behind scores of foreclosures

Dual role in housing deals puts spotlight on Deutsche - WSJ

While creating and selling mortgage securities to some of its clients, the big German bank was not only advising other clients to bet the other way, but also sometimes doing so itself

Mortgage rates are free falling - Bloomberg

U.S. mortgage rates fell to a record low, reducing borrowing costs for homebuyers

Fed in no rush to sell mortgage assets, minutes show - Bloomberg

Federal Reserve policy makers last month said they were in no rush to sell $1.1 trillion of mortgage-backed securities

Goldman Sachs and their kin

Identifying the points that are particularly important for the broader issue of regulatory reform to deal with the weaknesses that produced the housing price bubble, its collapse, and the near collapse of the over-leveraged financial sector that finance the bubble

Fannie and Freddie are at it again

Fannie Mae and Freddie Mac are dating again. And word has it they’re seeing way too much of each other.

Mortgage delinquency rate sets new record - HousingWire

Home-loan delinquency rates in the US reached 10 percent in December, up from the record-high 9.97 percent in November, according to Lender Processing Services (LPS: 39.93 +1.94%), which provides data on mortgage performance

Fed's record profits likely won't last

The net income the Federal Reserve Bank reported on Tuesday — $52 billion, the highest in all the Fed’s 96 years — is likely to plateau, or even evaporate, next year. The record profits mostly result from interest payments on bonds it purchased as part of a 2009 purchase program scheduled to end on March 31