Obama offers 3 options for mortgage overhaul

Feb. 11, 2011 Associated Press WASHINGTON — The Obama administration is laying out three broad options for overhauling the mortgage lending system, but will let Congress make the final decision. The Treasury Department says in a report released Friday that the...

House panel probes Fannie, Freddie legal fees

Jan. 31, 2011 Associated Press Arizona Republic WASHINGTON – A leading Republican lawmaker is asking regulators to explain why taxpayers have spent more than $160 million in legal fees to defend the giant mortgage companies Fannie Mae and Freddie Mac and their...