Senate Democratic Leader Chuck Schumer slammed President Donald Trump’s announcement that he planned to take Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC) public, claiming it would only “line the pockets of the wealthy” while jacking up mortgage costs. The...
President Donald Trump announced that he planned to take Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC) public, which would end the federal conservatorship of the government-sponsored enterprises that have been in place since September 2008. In a post on his...
President Donald Trump has raised the possibility of ending the federal conservatorships on Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC). In a statement on his Truth Social platform, Trump announced: “I am giving very serious consideration to bringing Fannie...
A mortgage fraud probe of Letitia James, a serious HR problem at the GSEs and the surprising site for Disney’s next theme park. From the wild and wooly world of real estate, here are our Hits and Misses for the week of May 5-9. Hit: Karma Get It. When New York...
The government-sponsored enterprises (GSEs) of Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC) have a curious human resources problem – agents from North Korea and China were discovered working for them. Bill Pulte, director of the Federal Housing Finance...