Time for investors to foreclose on troubled lender Fannie Mae (at MarketWatch) - BOSTON -- When Fannie Mae, the government-sponsored mortgage company, announced a larger-than-expected quarterly loss and another planned cut to its dividend this week, the stock immediately had a nice little pop, picking up 9%.

House passes far-reaching housing legislation (at MarketWatch) - WASHINGTON -- Despite veto threats, House lawmakers on Thursday passed far-reaching housing legislation in an effort to alleviate problems from a housing market turned sour.

Little pressure on U.S. mortgage rates as housing stays weak (at MarketWatch) - Mortgage rates remain below their year-ago levels, though most were steady on a weekly basis.

The week's top news and analysis, April 28-May 2 (at MarketWatch) - In a week furnished with Buffett bookends, there was no shortage of news, and around that news swirled contradictions, confusion and a continuing come-down in consumer confidence.

Market anomalies skew home-price data, providers agree (MarketWatch) - Commonly cited measures of U.S. home prices are overstating the degree to which the vast majority of Americans’ home values have declined in the last year, producers of two of the most widely tracked indexes acknowledged this week.

Foreclosures squeeze renters too as affordability ebbs: study (at MarketWatch) - The rise in foreclosures isn’t just affecting homeowners, it’s also putting pressure on renters, according to a report released Wednesday by the Joint Center for Housing Studies at Harvard University.

U.S. Feb. OFHEO home prices rise 0.6% (at MarketWatch) - WASHINGTON -- U.S. home prices rose 0.6% in February from the prior month, the Office of Federal Housing Enterprise Oversight reported Tuesday.