Housing Crisis
  • Freddie Mac: Big Gains from Rising Home Prices

    By Reuters

    Freddie Mac (FMCC.OB), the No. 2 provider of U.S. mortgage money, posted its second-largest quarterly profit in company history in the first quarter due to rising home prices, falling mortgage...

  • Guess Who Benefits from New Asset Bubbles?

    By Carrick Mollenkamp, Reuters

    The Fed's current program of quantitive easing is shoring up banks and lowering the borrowing costs of corporations and home buyers who have good credit. But it is also giving rise to unintended...

  • Home Prices Show Biggest Rise in 7 Years

    By Reuters

    U.S. home prices rose in March, marking the biggest annual increase in seven years, in the latest sign of strength for the recovering housing market, a report from CoreLogic showed on Tuesday.

  • Can Cash-Rich Investors Keep Snapping Up Homes?

    By Matthew Goldstein, Reuters

    The once-beleaguered Las Vegas housing market has been on fire since investment firms led by Blackstone Group LP, Colony Capital and American Homes 4 Rent began buying homes here some eight months...

  • Federal Reserve Stays on $85B Bond-Buying Course

    By Reuters

    The Federal Reserve stuck to its plan to buy $85 billion in bonds each month to push down borrowing costs and prop up the economy, citing risks to growth from recent budget tightening in Washington.