The CEO of the country's biggest mortgage lender says greater government intervention is needed to rescue the U.S. housing market as his peers warn the worst is yet to come. ...more

December 4, 2007

The federal regulator who oversees Fannie Mae and Freddie Mac on Thursday accused New York's attorney general of overstating risks the mortgage finance companies face from faulty home appraisals. ...more

November 9, 2007

New York Attorney General Andrew Cuomo said Thursday that a major real estate appraisal company colluded with the nation's largest savings and loan companies to inflate the values of homes nationwide, contributing to the subprime mortgage crisis. ...more

November 2, 2007

A handyman who apparently won the trust of a retiree from Pennsylvania now faces a felony charge of exploitation of an elderly or disabled person following a yearlong investigation. ...more

October 20, 2007