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By Ginger Szala |
May 24, 2013
With a 40-year plus career spanning all segments of the financial industry, Bill Brodsky, Chicago Board Options Exchange executive chairman, talks about the events that shaped the modern trading landscape, his role in them, and what’s next for the industry.
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By Daniel Kruger and Liz Capo McCormick |
May 12, 2013
Wall Street’s biggest bond dealers are forecasting that the U.S. Treasury will reduce the size of its debt auctions in coming months.
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By John Gittelsohn, Bloomberg News |
April 23, 2013
U.S. house prices rose 7.1% in the year through February, the Federal Housing Finance Agency said, indicating a solidifying recovery as buyers compete for properties amid tight inventory.
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By Clea Benson, Bloomberg |
April 2, 2013
Fannie Mae, the mortgage financier seized by U.S. regulators during the credit crisis, reported the largest annual profit in company history as a housing rebound helped wean the firm from federal aid.
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By Patrick Kelly |
April 1, 2013
Book review.
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By Prashant Gopal, Bloomberg |
March 21, 2013
U.S. house prices rose 6.5% in the year through January, the biggest jump since 2006, as values surged on the West Coast and in the area including Nevada and Arizona, the Federal Housing Finance Agency said.
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By Tom Schoenberg and Andrew Zajac, Bloomberg |
March 20, 2013
Freddie Mac sued Bank of America Corp., UBS AG, JPMorgan Chase & Co. and a dozen other banks over alleged manipulation of the London interbank offered rate, saying the mortgage financier suffered substantial losses.
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By Kathleen M. Howley, Bloomberg |
January 28, 2013
Fannie Mae and Freddie Mac will let some borrowers who kept up payments as their homes lost value erase their debts by giving up the properties, helping Americans escape underwater loans.
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By Heather Perlberg and Dakin Campbell, Bloomberg |
January 22, 2013
Mortgage revenue at the four largest U.S. lenders is surpassing the costs of faulty home loans and foreclosures from the housing boom as Federal Reserve and government policies help fuel the recovery.
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By Canaccord Genuity Morning Coffee |
January 18, 2013
Bank of America’s fourth-quarter profit plunged 63% as the banking giant was weighed down by billions in charges related to a dispute with Fannie Mae and a foreclosure settlement.
