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 РA 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...