BLS note: Typically, if a homeowners allows coverage to lapse on their home, while the bank requires coverage, the bank can force-place the coverage which then covers only the interest of the bank. Now, the Government will step in and take over this proc… more »

The Wall Street Journal / By ALAN ZIBEL And NICK TIMIRAOS WASHINGTON—The Obama administration said Friday it would give troubled homeowners another year to enroll in its signature mortgage-assistance program and increase payments to banks in an eff… more »

  CNN Money By Ben Rooney NEW YORK (CNNMoney) -- The Obama administration will issue a proposal later this week recommending the gradual elimination of government-sponsored mortgage backers Fannie Mae and Freddie Mac, a White… more »

The Politico By JAKE SHERMAN Rep. Darrell Issa is aiming to launch investigations on everything from WikiLeaks to Fannie Mae to corruption in Afghanistan in the first few months of what promises to be a high profile chairmanship of the top oversig… more »

By Lorraine Woellert and Clea Benson - Nov 30, 2010 Fannie Mae and Freddie Mac are facing growing resistance as they attempt to push failed home loans off their books and onto the balance sheets of banks including Bank of America Corp. and JPMor… more »