The Federal Housing Finance Agency (FHFA) and the US Department of the Treasury announced amendments to the Preferred Stock Purchase Agreements (PSPAs) related to the government-sponsored enterprises (GSEs) Fannie Mae (OTCBQ: FNMA) and Freddie Mac (OTCQB: FMCC). At...
Hedge fund executive Bill Ackman is predicting the government-sponsored enterprises (GSEs) Freddie Mac (OTCQB; FMCC) and Fannie Mae (OTCQB: FNMA) will be privatized during the upcoming Trump administration. The GSEs have been in federal conservatorship since September...
The Federal Housing Finance Agency (FHFA) announced the government-sponsored enterprises Fannie Mae (OTCMKTS: FNMA) and Freddie Mac (OTCMKTS: FMCC) are updating their Private Mortgage Insurer Eligibility Requirements (PMIERs). The GSEs first issued their PMIERs in...
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...
Equifax Says Nearly 2,000 Mortgage Firms Used Its VantageScore Offer
