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...
The current and incoming chairmen of the House Financial Services Committee sent letters to financial regulatory agencies within the Biden administration warning them about last-minute “finalizing partisan rulemakings” ahead of the arrival of the Trump administration....
The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued two rules designed to safeguard the residential real estate and investment adviser sectors from money laundering. The final residential real estate rule will require certain...
The U.S. Department of Housing and Urban Development (HUD) has announced three initiatives focused on affordable housing creation. HUD has teamed with the U.S. Department of the Treasury on new actions designed to ensure greater interest rate certainty for state and...
A presidential debate that mostly ignored housing issues, a growing disenchantment with homeownership and an effort to repopulate the villages of rural Italy. From the wild and wooly world of real estate, here are our Hits and Misses for the week of June 24-28. Miss:...
Freddie Mac Names Buyers for $428 Million in Delinquent Home Loans
