Mizuho downgraded Fannie Mae and Freddie Mac on Monday, cutting its price targets roughly in half as the investment bank lowered its expectations that the two mortgage-finance companies will emerge from federal conservatorship by 2028.Analyst Dan Dolev and colleagues...
Sen. Elizabeth Warren is pressing Federal Housing Finance Agency Director Bill Pulte to cooperate with a Government Accountability Office investigation into his mortgage-fraud referrals, saying she understands the agency is not complying with the congressional...
The Federal Housing Finance Agency is preparing to direct Fannie Mae and Freddie Mac to require mortgage lenders to pull credit data from two of the three national credit bureaus instead of all three, according to a person familiar with the plans cited by Bloomberg...
The Federal Housing Finance Agency has cut the annual budget of its independent inspector general to $20 million, a 64% reduction from the level the White House submitted to Congress, prompting the watchdog to warn lawmakers that it may have to eliminate 70% to 80% of...
Federal Housing Finance Agency Director Bill Pulte scrutinized mortgage records connected to Attorney General Todd Blanche while the two officials were at odds over mortgage-fraud referrals involving political figures, according to a Wall Street Journal report...