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Federal Housing Finance Authority Director Mel Watt. (AP File Photo/Jacquelyn Martin)
Economy

Democratic senators call on Fannie, Freddie regulator to boost home lending

Joseph Lawler -
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Economy

‘Doing away’ with Fannie, Freddie a priority, HUD chief says

Joseph Lawler -
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Federal Housing Finance Authority Director Mel Watt. (AP File Photo/Jacquelyn Martin)
Economy

Mel Watt: Student loans, financial crisis holding back homeownership

Joseph Lawler -
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Fannie Mae's settlement ends litigation involving accusations it misled investors before 2008. (AP Photos)
Economy

Fannie Mae settles lawsuit from shareholders for $170 million

Joseph Lawler -
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Although the industry prevailed on the mortgage rule, lenders remain worried about having to buy back faulty loans from government mortgage buyers Fannie Mae and Freddie Mac, and, even more importantly, the threat of future litigation over loans they make. (iStock)
Economy

Don’t expect easier credit from watered-down mortgage rule

Joseph Lawler -
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Mel Watt, the director of the Federal Housing Finance Agency that oversees the two bailed-out government mortgage businesses, said that his agency would work to clear up some of the legal impediments to greater mortgage lending by banks and aim to increase loans with down payments as low as 3 percent. (AP Photo)
Economy

Watt prepares to expand home lending

Joseph Lawler -
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Townhouse for sale in Santa Clarita, Calif. (AP Photo/Damian Dovarganes)
Economy

Conservative analysts warn of growing Fannie and Freddie

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In May, FHFA Director Mel Watt signaled that he would reverse course from his predecessor, Edward DeMarco, and steer the agency away from shrinking Fannie and Freddie's market footprint and toward expanding mortgage credit to more families. (AP Photo/Jacquelyn Martin)
Economy

Fannie Mae, Freddie Mac regulator aims to boost low-income lending

Joseph Lawler -
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A sold sign is posted in front of a home for sale on May 27, 2014 in San Francisco, Calif. (Photo by Justin Sullivan/Getty Images)
Economy

Here’s what this week’s housing numbers say about the recovery

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Economists note that people with credit scores above 720 -- about half of all borrowers -- have been taking out more home loans. But for prime, subprime and deep subprime borrowers, there has been no increase in mortgage debt. (iStock Image)
Economy

Most households still not borrowing

Joseph Lawler -
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