Federal Housing Finance Agency (FHFA) Director Bill Pulte has unveiled a video advertisement that reinforces the goal of merging privatizing Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC) into a new entity called the Great American Mortgage Corporation. On his...
The Treasury Secretary makes and rescinds demands, Playboy moves its headquarters out of Los Angeles, and New York City’s worst hotel closes. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Aug. 11-15. Miss: Foot in Mouth...
Will the Trump administration’s plans to sell shares in Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC) result in a spike in mortgage rates, or will it drive rates down? The answer, it seems, depends which expert you ask. The Trump administration is reportedly...
President Trump announced he is considering a potential lawsuit against Federal Reserve Chairman Jerome Powell, citing the cost overruns on the $2.5 billion renovation project at the central bank’s headquarters in Washington, DC. In a Truth Social post, Trump...
President Trump has provided a broad hint at his plans for privatizing Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC). In a posting on Truth Social, the president posted an AI-generated photo showing him at the opening bell of the New York Stock Exchange, with...