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Fannie, Freddie writedowns too costly: regulator

The regulator for Fannie Mae and Freddie Mac told lawmakers that forcing the government-controlled mortgage firms to write down the principal on underwater home loans would require more than $100 billion in fresh taxpayer funds.

Gingrich Firm Releases Freddie Mac Contract

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In an attempt to deflect attention over his involvement with Freddie Mac, Republican presidential candidate Newt Gingrich's former consulting firm on Monday released a contract he had with the troubled mortgage firm.
Ann Coulter Slams Newt Gingrich

Ann Coulter Slams Newt Gingrich, Calls Him 'Least Electable' Candidate [VIDEO]

With Newt Gingrich, you throw out the baby and keep the bath water, Coulter told Fox & Friends. The outspoken conservative pundit, who supports Mitt Romney for the GOP nomination, claimed that the very fact the Gingrich won South Carolina was proof that the state was going back to its Democratic roots, and condemned the former House Speaker as both the least conservative and the least electable in the primaries.
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Tim Tebow Spoof

Tebow’s Presidential Caucus: GOP Candidates Seek Endorsement

This week, Tim Tebow told reporters that more than one Republican presidential candidate has called to request his public endorsement. A brand new phase of the presidential primary has begun. You thought Iowa and New Hampshire were big. Those are nothing compared to the Tebow caucus.
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Fannie Mae CEO to leave after successor chosen

Fannie Mae Chief Executive Michael Williams said on Tuesday he was stepping down from the government-controlled mortgage firm, which is at the center of a fight over how to reduce foreclosures.
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Fed officials push more help for housing

Three top Federal Reserve officials aggressively pushed on Friday for more stimulus for the U.S. housing market, saying that other government policymakers as well as the central bank should be looking at ways to help the sector in order to speed the economic recovery.
Dudley speaks at the Bretton Woods Committee International Council conference in Washington

Fed Officials Push More Stimulus for Housing

Two top Federal Reserve officials on Friday pushed the case for more stimulus from the U.S. central bank to help the economic recovery, each zeroing in on the country's weak housing market.
Immigration Laws for 2012

2012 Laws: California Immigration to Illinois Penalties, What You Need to Know

A series of groundbreaking (and head-scratching) bills in states from Florida and Tennessee are set to become law on New Year's Day 2012. Here's everything you need to know, from aids for illegal immigrants and abortion restrictions to Utah's ban on Happy Hour and California's move for LGBT rights, and why you should care.
Construction workers continue work on a new subdivision of homes in San Marcos, California

10 Trends in U.S. Housing in 2011 and What to Look for in 2012

As the end of 2011 approaches, the housing market is another year removed from the subprime mortgage meltdown. But the legacy of the crash remains, as homeowners, lenders, regulators and brokers alike continue to deal with falling home prices, a glut of unprocessed foreclosures and an uncertain economy.


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