Tag Archives: Conservatorship

Trump nominates homebuilder scion to oversee Fannie, Freddie

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The grandson of PulteGroup founder William J. Pulte, Bill Pulte is a private equity CEO, philanthropist and Trump loyalist with 3 million followers on X. Continue reading →

Strength in home prices helped boost Fannie, Freddie 2023 profits

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With a combined net worth of $125 billion after earnings this week, the mortgage giants remain on a path that could lead to eventual release from government conservatorship if political winds shift. Continue reading →

Fannie and Freddie keep building capital reserves as profits shrink

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By one measure, the mortgage giants have built up two-thirds of the reserves needed for them to be released from government conservatorship. Continue reading →

Michael Bloomberg pitches plan to combine Freddie Mac, Fannie Mae

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The presidential hopeful wants to make Freddie Mac and Fannie Mae a “single, fully government-owned mortgage guarantor” that benefits taxpayers, community banks. Continue reading →

Trump admin proposes massive overhaul of FHA, Freddie and Fannie

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The Trump administration Thursday released a long-awaited plan to overhaul the way the U.S. government helps homeowners. Separate guidance from the U.S. Department of Housing and Urban Development and the United States Department of the Treasury includ… Continue reading →

One Family’s Journey Through Guardianship Hell

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The last time Patricia Femia saw her mother, Ada Vocino, was February 14,  2013 — Valentine’s Day. But this was anything but a heartfelt meeting. The two women were in the Morris County Courthouse in Morristown, N.J. and were there for war. Patricia, t… Continue reading →