The government-sponsored enterprises Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC) announced the launch of US Financial Technology LLC (US Fin Tech) as the successor to their joint venture Common Securitization Solutions (CSS). CSS was established in 2014 to...
A former Freddie Mac (OTCQB: FMCC) employee who was arrested for threatening to bomb the agency’s headquarters has continued to make unwanted contact with Federal Housing Finance Agency (FHFA) Director Bill Pulte. Last March, Maria Del Carmen Lozano was arrested...
Federal Housing Finance Agency (FHFA) Director Bill Pulte has opened the door to enable the use of cryptocurrency in the mortgage market. Posting on his X account, Pulte announced, “After significant studying, and in keeping with President Trump’s vision to make the...
Federal Housing Finance Agency Director Bill Pulte ratcheted up his disapproval of Federal Reserve Chairman Jerome Powell, with Commerce Secretary Howard Lutnick joining in the criticism of the central bank’s leadership. On Sunday evening, Pulte took the X to continue...
The Federal Reserve resisted repeated calls by President Trump to cut rates. The Federal Open Market Committee, the central bank’s policy making arm, voted unanimously to maintain the target range for the federal funds rate at 4.25%to 4.5%. In announcing its decision,...