Mortgage finance giants Fannie Mae and Freddie Mac may not even exist in their current forms after a revamp of the U.S. housing finance system, Assistant Treasury Secretary Michael Barr said on Tuesday. Moreover, “private gains…
Propped up by billions of government dollars during the financial crisis, AIG is reportedly in talks with the U.S. government to accelerate its exit plan and regain its independence. In recent months, the insurer has been selli…
In a welcome sign of investor confidence in an economic recovery, U.S. interest rates grew for the third day in a row as people moved funds from bonds to stocks. But will higher interest rates slow the housing market?
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