Economy

Inflation and recessionary concerns affected movements in the benchmark 10-year Treasury, itself at an 11-year peak, Freddie Mac said.

The only way to address inflation is for Congress to fix issues around home supply and demand, the National Housing Coalition said in reaction to the Federal Reserve's move Wednesday.

On the other hand, the economists from the UCLA Anderson Forecast claim the U.S. is not currently in a recession and that the chance of a recession in the next 12 months is less than 50%.

The former head of the agency said a decision last year to suspend caps on investor loans has further induced demand in an already hot market. Other experts say a supply-demand imbalance is the true driving force.

A couple squatted in their foreclosed home since 2009 and are only now being evicted, highlighting stubborn problems in the foreclosure process.

In an exclusive interview, the moderate Virginia Democrat and co-chair of the Community Development Financial Institution Caucus touched on the future of community development, cybersecurity and nonbank regulation. 

As the GSEs enter their 15th year in conservatorship, shareholders are wondering when they'll get their company back.

The industry has cut tens of thousands of positions since January, according to the latest Bureau of Labor Statistics estimates.

The move comes amid dwindling advances and a growing concern that the Home Loan banks are participating in riskier investments.

Fannie Mae and Freddie Mac are mum on whether a temporary solution from Florida officials to support downgraded home insurance firms will pass muster for the enterprises' underwriting exceptions.