North Carolina congressman named as possible successor to embattled FHFA acting director. DeMarco taking flak over principal reductions.
Nine attorneys general pen letter saying Edward DeMarco stands in the way of progress for struggling homeowners.
Bill would slow rate of increase in NFIP premiums in areas that had been declared disasters.
Navy Federal, NASA FCU have different philosophies, same approach to dealing with risk from mortgage loans with no down payments.
The Federal Housing Finance Agency, the regulator and manager of government-owned Fannie Mae and Freddie Mac, is poised to start to restructure the secondary mortgage market whether credit unions, banks or legislators are ready or not.
An executive whose previous firm advised homeowners looking to walk away from their mortgages says credit unions and other financial institutions should consider many of those same homeowners as potential new mortgage borrowers.
House subcommittee chair blames "bad mortgages" in comments at hearing on government-sponsored enterprises.
Founder of YouWalkAway.com says 100-point hit in credit score expectable but can be overcome by long positive payment histories.
Panel to discuss how government policy at Fannie and Freddie played role in housing collapse and financial crisis.
Two secondary mortgage giants will begin work on their replacement.