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...
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...
Sen. Elizabeth Warren (D-MA) has taken aim at the Trump administration for failing to question Rocket Companies’ (NYSE: RKT) recent acquisition announcements and for seeking to privatize Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC). Reuters reports Warren...
Florida’s governor says no to public financing of a stadium, Iowa’s governor says yes to bringing down property taxes, and Kamala Harris says something (we’re not sure what) at an Australian real estate conference. From the wild and wooly world of real estate, here...
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...
Fed Holds Rates at 3.75%–4.00% as Two Officials Call for Another Hike
