Housing Crisis
  • Retirement Success: The Upside of Downsizing

    By Cnbc Staff, CNBC

    For empty nesters and retirees who still have a mortgage and a house to maintain, downsizing can reduce one of their biggest fixed expenses, help stretch their retirement budget at a crucial time and...

  • Fannie Mae’s Profit Leads to a $10.2 Billion Payment

    By Reuters

    On Thursday, Fannie Mae posted a profit of $10.1 billion, which will lead to another payment to the U.S. Treasury of $10.2 billion.

  • Is Obama Playing a Shell Game with Housing?

    Barack Obama has finally started talking about Fannie Mae and Freddie Mac again, years after insisting that reforming the two mortgage giants would be a top priority. But is the President serious...

  • Three Ways Obama Will Ace His Housing Speech

    By Josh Boak, The Fiscal Times

    President Obama lays out his vision Tuesday for winding down the mortgage giants Fannie Mae and Freddie Mac—almost five years after the housing bust wrecked the economy and the two companies became...

  • Obama to Claim Some Credit for Housing Rebound

    By Mark Felsenthal, Reuters

    With images of vacant, half-built residential developments that gathered dust after the Great Recession, the U.S. Southwest once symbolized the 2008-2012 housing bust that wiped out $7 trillion in...