Royal Bank of Scotland will pay record fine for crisis-era misconduct
Royal Bank of Scotland will pay $4.9 billion to settle charges that it misled investors ahead of the 2008 financial crisis.
fannie mae
Tax law change means Fannie Mae needs infusion of cash
Fannie Mae, the housing lender bailed out by the government nearly a decade ago, needs a $3.7 billion infusion of taxpayer cash.
Employee sues Fannie Mae, saying she was hired for IT but boss required sex
A former adult dancer is suing Fannie Mae for sexual harassment and hostile work environment, claiming she was hired under the guise of working for the IT department but was instead expected to serve as personal entertainment for one of the mortgage company's senior directors.
President proposes housing market reforms
'Optimistic' is one word UW-La Crosse economics professor Adam Hoffer uses to describe the La Crosse area housing market. It's also a word he hopes to continue using after today, when President Obama made the case for reforming the federal mortgage programs known as Fannie Mae and Freddie Mac.
