A Phil Hall Op-Ed: Perhaps the most dramatic economic story of the past week involved the decision by Fitch Ratings to downgrade of the U.S. credit rating from “AAA” to “AA+.” Fitch defined its decision as the result of “a steady deterioration in standards of...
On July 30, 2008, President George W. Bush signed the Housing and Economic Recovery Act of 2008 (HERA), which established the Federal Housing Finance Agency (FHFA). One provision of that act gave the FHFA authority to place its regulated entities into conservatorship...
The June reading for Fannie Mae’s (OTCQB: FNMA) Home Purchase Sentiment Index saw a scant 0.4-point uptick to 66.0, with the full index up by only 1.2 points from one year ago. However, there is a slight level of optimism among consumers – at least compared to one...
A coalition of 18 Republican governors called on the Biden administration to reverse the Federal Housing Finance Agency’s (FHFA) changes to the Fannie Mae and Freddie Mac loan level pricing adjustment (LLPA) structure for borrowers seeking a mortgage. “The new LLPA...
xAI-Linked Company Reportedly Targets 418 Mississippi Homes Amid Noise Laws…
