Fannie Mae and Freddie Mac back about half of new mortgages in the U.S. Now, talks are heating up about reshaping or shrinking the two companies, a move that could impact millions of Americans. Photo:.

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CLEVELAND, Ohio – Quicken Loans has agreed to pay $32.5 million to settle a years-old lawsuit in which the Justice Department accused the lending company of mortgage fraud. The settlement, announced.

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which invests in residential mortgage loans, including loans sourced from distressed markets, multi-family commercial mortgage-backed securities, direct financing to owners of multi-family properties.