The New York State offices of Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC) are reportedly going to be closed due to the “corrupt and dangerous business practices” within the state by New York Attorney General Letitia James. Fox News first...
The head of the Mortgage Bankers Association (MBA) is calling on the Trump administration not to pursue a merger of Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC) as part of its effort to conclude their longstanding federal conservatorships. In a blog post,...
A Phil Hall Op-Ed: The official duties of the director of the Federal Housing Finance Agency (FHFA) involves the regulation of Fannie Mae, Freddie Mac and the 11 Federal Home Loan Banks. It is not a law enforcement job, nor does this position involve choosing who...
Federal Housing Finance Agency (FHFA) Director Bill Pulte has unveiled a video advertisement that reinforces the goal of merging privatizing Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC) into a new entity called the Great American Mortgage Corporation. On his...
Will the Trump administration’s plans to sell shares in Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC) result in a spike in mortgage rates, or will it drive rates down? The answer, it seems, depends which expert you ask. The Trump administration is reportedly...