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Republicans propose housing-finance overhaul bill











EDT Republicans propose housing-finance overhaul bill Want to see how this story relates to your portfolio? Just add items to create a portfolio now: By Nick Timiraos and Alan Zibel Getty Images WASHINGTON (MarketWatch) Congressional Republicans said Thursday they would introduce legislation to wind down Fannie Mae and Freddie Mac over five years and cede the companies roles to the private mortgage market, which has remained mostly dormant since melting down six years ago. Click to Play Interest rates create challenges for banks A swift, steep rise in long-term interest rates since early May is presenting challenges and opportunities for the largest U.S. banks. Dan Fitzpatrick reports on MoneyBeat.









Finance Latest News: Bidders Line up for Siemens Postal Machines Unit







Markets close in 29 mins. YOUR FRIENDS' ACTIVITY Remind me when I share | Not you? Log out of Facebook How to remove this experience Finance Latest News: Bidders Line up for Siemens Postal Machines Unit Link 3 hours ago, Wochit Two sources familiar with the transaction said Germany's Siemens has received tentative offers for the postal automation and baggage-handling division being sold in its effort to streamline operations and shed non-core assets. The postal operation, which counts the U.S.