By Gregory Arzumanov
TAMPA, Fla. - Dec. 1, 2008 - Tiffany Edwards thought she was running out of time to persuade her lender to work out a new loan so her growing family could stay in their Tampa home.
She had been out of work for more than a year, and her husband’s income wasn’t enough to [...]

Mortgage finance companies Fannie Mae and Freddie Mac, seized by the federal government last month, are rolling back fees imposed as they struggled to shore up their finances over the past year.
Freddie Mac said Friday it would not impose a fee increase scheduled to go into effect next month. The announcement followed a similar reversal [...]

A Congress criticized for being asleep at the switch while financial problems festered is eyeing tough new regulations for investment banks and a new government role in the mortgage market as Wall Street reels from another round of collapses.
Just weeks after approving a housing-rescue package designed to help homeowners avoid foreclosure and prevent further spread [...]

“AN UNMITIGATED DISASTER.” that’s what Jeffrey Gundlach called the subprime-mortgage sector 15 months ago — long before the credit crunch had revealed its current shape.
Gundlach, 48, has been around the mortgage block several times — he joined TCW in 1985 — so he’s not afraid to speak his mind. And proving his mettle in mortgage [...]

The federal seizure of mortgage backers Fannie Mae and Freddie Mac on Sunday was a historic move that will affect every American community, experts say.In Loveland, the changes will be most notable in the housing and investment markets.
Freddie Mac and Fannie Mae, which guarantee or hold about half of the nation’s mortgage debt, have [...]

The federal government’s takeover of Fannie Mae and Freddie Mac sent mortgage rates tumbling in California, raising hopes that the state’s severely ailing housing market will get a boost.
After the federal action Sunday, consumers with outstanding credit Monday were offered rates as low as 5.375 percent on 30-year fixed mortgages, said Cathy Warshawsky, president of [...]

Most borrowers never come into contact with mortgage finance giants Fannie Mae and Freddie Mac. That’s because the companies work with lenders rather than consumers. 
Nevertheless, Fannie and Freddie play an essential role in the mortgage industry and the economy in general. Here are answers to some basic questions about these companies and your stake in [...]

NEW YORK — Fannie Mae and Freddie Mac are demanding higher returns from lenders in exchange for buying loans that help finance rental-apartment buildings, as the two mortgage-finance giants expand in the sector.
The rate increases, the most recent of which came in the past week, are attributable to generally higher borrowing costs and efforts by [...]

The nation’s two largest secondary mortgage corporations, Fannie Mae and Freddie Mac, say they’ll stop buying subprime mortgages in New York State. Banks lending in New York will have to change their mortgage origination systems to reflect Fannie Mae and Freddie Mac’s exit from subprime lending in the state. It is unclear yet how onerous [...]

A recovery in the U.S. housing market from the worst slump since the Depression is unlikely until “well into 2009,” Housing and Urban Development Secretary Steve Preston said today.
“I think we’re right in the middle of it, and I think we have a ways to go before we start seeing a turnaround,” Preston said today [...]