Topic: Fannie Mae
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The Paul Ryan budget: your guide to what's in it
Rep. Paul Ryan, Mitt Romney's running mate, is best known for drawing up a series of spending-and-tax plans meant to challenge the Obama administration's policies from the right. But it's been some time since his latest budget, which Mr. Ryan terms a "path to prosperity," was released. Here's a primer on what's in it.
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What can be done to create jobs? Six leading ideas.
The job market has shown some very welcome signs of improvement lately, but it still has a long way to go before approaching something Americans would call normal. Here’s a look at some of the proposed solutions out there.
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How the tea party can 'agree' with Occupy movement's demands
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Six ways the rich really do get richer
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Steve Jobs: One of the greatest business leaders?
All Content
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Why federal budget deficit is falling faster than CBO expected
The federal budget deficit will shrink this year to $642 billion, the nonpartisan CBO said in a new estimate Tuesday. Just three months ago, it was forecasting a deficit of $845 billion.
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Home prices rising, but troubles for housing market not over, poll says
Home prices notched their biggest year-over-year gains since before the recession. But tight credit and 'under water' mortgages constrain the market, a Christian Science Monitor poll finds.
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Fannie Mae record profit: How long until it pays back bailout money?
Fannie Mae, the mortgage giant, made a record $17.2 billion in 2012. So far, it has paid back $36 billion of the $116 billion it received in a US bailout.
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Tax VOX Low home prices: Time to reform the mortgage tax subsidy?
With both interest rates and prices so low, this could be the ideal time to redesign the tax subsidy for home ownership, Gleckman writes. That goes against many who say that the housing market remains so shaky that ending the deduction would send home prices back into a tailspin.
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What's in Paul Ryan plan? Surprising numbers from GOP House budget. (+video)
The GOP budget plan Paul Ryan is putting forward in the House is filled with ambitious numbers, big and small. The bottom line: reduce the national debt and the interest payments to service it.
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Paper Economy Big government doesn't work
It's immoral to obligate generations of individuals to operate within and contribute to a system rife with massive policy delusions, SoldAtTheTop writes.
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State of the Union 2013: A step forward on housing?
President Obama's State of the Union address included a proposal to extend refinancing to a wider section of homeowners, giving the economy a boost. But such proposals have languished before, so this time Mr. Obama may resort to executive action.
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The Monitor's View: Home truths in new mortgage rules
New regulations on home mortgages from the Consumer Financial Protection Bureau will raise ethical standards and lower risks. But they don't reduce government incentives that might create another housing bubble.
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AIG, saved by US bailout, now considers suing US government
AIG may join a lawsuit alleging that the terms of the US government bailout were unfair to investors, but such a move risks infuriating the taxpayers whose money saved it from ruin.
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Stocks drag S&P 500 down from 5-year high
Stocks fell Monday with the S&P 500 dropping 4.58 points to close at 1,461.89. Bank stocks ended the day little changed.
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Bank of America settles with Fannie Mae. $10B for risky home loans.
Bank of America has reached a settlement with Fannie Mae over questionable home loans the bank sold to the lender during the housing bubble. The $10 billion settlement from Bank of America will include a $3.6 billion payment to Fannie Mae and $6.75 billion in bought back loans.
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Economic toll of Sandy: Damage second only to Katrina?
Superstorm Sandy cut a path of destruction that could near $50 billion. Economic activity in New York City dipped 20 percent in storm's wake, but economists do not expect that Sandy will have a major impact on the nation's economic growth.
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The Monitor's View: Oh, the ease of blaming others in a crisis
When earthquake experts are sentenced for bad predictions and lenders accused of bad calls on mortgages, society needs a reminder that individuals are responsible for their actions.
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Saving Money Major banks settle with homeowners. Are you entitled?
If your home loan is serviced by one of the five major lenders – including Bank of America and Wells Fargo – you may be entitled to a share of one of the largest civil settlements in history.
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Housing prices: Are short sales in danger?
As housing prices recover, short sales have become an increasingly popular escape route for indebted homeowners. But the future of short sales depends on a tax cut extension from Congress that may or may not come, and realtors argue that housing prices haven't rebounded enough for many homeowners to afford their debt forgiveness as a tax.
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Time to refinance your mortgage? Rates hit historic lows.
Mortgage interest rates are at their lowest point since records have been kept. Last week, some 81 percent of the loans made were refinancings, according to the Mortgage Bankers Association.
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Paper Economy New mortgage data shows slight rise in home prices
Home prices increased 0.2 percent since June, according to the latest house price index from the Federal Housing Finance Agency. Home prices rose 3.90 percent above the level seen in July 2011.
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Focus Housing market turning a corner? Signs of hope for homeowners.
Rising home values and declining foreclosure rates indicate a slow but steady recovery for the US housing market. Obstacles remain, however, including negative equity due to 'underwater' mortgages.
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Fed easing: How many homeowners will it really help?
Federal Reserve's new push to ease mortgage rates won't help underwater homeowners and those with bad credit. Despite current low rates, two-thirds of homeowners have interest rates above 5 percent.
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Housing prices: Agents make houses sell for a lot less. On purpose.
Housing prices are manipulated by shady real estate agents who practice 'flopping.' Instead of making homes look good to raise housing prices, tey make them look bad so banks will sell them for a loss.
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Paper Economy Fannie Mae delinquencies down in July
All measures of single family delinquency continued to decline in July, according to the latest Fannie Mae Monthly Summary.
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The Paul Ryan budget: your guide to what's in it
Rep. Paul Ryan, Mitt Romney's running mate, is best known for drawing up a series of spending-and-tax plans meant to challenge the Obama administration's policies from the right. But it's been some time since his latest budget, which Mr. Ryan terms a "path to prosperity," was released. Here's a primer on what's in it.
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Saving Money Mortgage refinancing: The White House wants to make it easier
President Obama has proposed a plan that would make mortgage refinancing easier and more widely available. Do you qualify?
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Paper Economy Home prices increase
In March, home prices increased 1.78 percent since February, rising 2.69 percent above the level seen in March 2011.
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Paper Economy Fannie Mae: delinquent loans dropping
Total serious single family delinquency declined slightly in March, but remained at distressed levels.
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