The housing sector is facing uncertainties this year and next because of the market conditions caused by the coronavirus pandemic. Home sales could slump as much as 15%, some estimates show.
Prathapan Bhaskaran
Apr 16, 2020
Millions of American households have fallen behind on their mortgage payments
Palash Ghosh
Apr 15, 2020
The federal deficit was on track to exceed $1 trillion before the coronavirus pandemic hit and Congress started passing emergency relief packages.
Marcy Kreiter
Apr 10, 2020
The increasing demand for rent holiday to help tenants tide over likely job loss from the new coronavirus pandemic may have much wider implications for the economy, resulting from mortgage defaults and weakening of the market.
Prathapan Bhaskaran
Apr 04, 2020
President Trump says he's confident the economy will shoot up once the coronavirus crisis has passed. Prominent economists are not so sure.
Marcy Kreiter
Mar 20, 2020
Fannie and Freddie will suspend foreclosures for 60 days
Palash Ghosh
Mar 19, 2020
A lawsuit filed by two former lobbyists revealed a secret plan to buy Freddie Mac from government control hatched between 2016 and 2018.
Thomas Kika
Feb 15, 2020
Social Security payments increased by 16 billion both because of increased benefits and number of recipients.
Marcy Kreiter
Jan 08, 2020
Ex-Obama aide Bill Daley to lead Wells Fargo public affairs group
AFP News
Nov 07, 2019
US Treasury Secretary Steven Mnuchin laid out the administration's reform plans for housing finance, including the government-sponsored enterprises known as Fannie Mae and Freddie Mac.
AFP News
Sep 10, 2019
The 53-page Treasury Department plan is similar to a bill under consideration in the Senate.
Marcy Kreiter
Sep 05, 2019
There are a number of public and private programs that can help home ownership.
Matthew Frankel
Dec 08, 2016
Bernie Sanders and Elizabeth Warren say the nomination of Steve Mnuchin as treasury secretary is a betrayal of the working class.
Marcy Kreiter
Nov 30, 2016
Millennials have historically high rates of living with mom and dad, but they're set to be the key drivers behind housing market growth in 2017.
Lydia O'Neal
Nov 07, 2016
For the first time, nonbanks have surpassed banks as the leading suppliers of mortgages, an industry group found.
Lydia O'Neal
Nov 03, 2016
U.S. employment increased more than expected in July and wages picked up, bolstering expectations of an acceleration in economic growth and raising the probability of a Federal Reserve interest rate hike this year.
Reuters
Aug 05, 2016
In a letter inside JPMorgan's annual report, CEO Jamie Dimon takes aim at bad public policy, which he says poses a threat to the global economy.
Elizabeth Whitman
Apr 07, 2016
Home prices and home equity are starting to reach pre-housing bust levels, but consumers are more conservative than they were a decade ago.
Ismat Sarah Mangla
Nov 22, 2015
The National Fair Housing Alliance and 19 other groups have filed a federal discrimination complaint against Fannie Mae.
Catherine Dunn
May 13, 2015
Nomura Holdings was found liable for selling faulty loans in the lead-up to the subprime mortgage crisis.
Owen Davis
May 12, 2015
Washington bailed out the two firms in 2008 at the height of the financial crisis.
Reuters
Mar 18, 2015
The White House plan to lower premiums on federally issued mortgages will boost homeownership but doesn't do enough to reinvigorate the market.
Maria Gallucci
Jan 08, 2015
