Author Archives: Matt Carter

Fannie and Freddie may stay in conservatorship: Regulator

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Shares in mortgage giants tumble as investors weigh whether the Trump administration is more interested in mining Fannie and Freddie’s profits than privatizing them. Continue reading →

Inflation improved in April, but Fed not expected to budge on rates

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Trump administration keeps up pressure on Fed, but investors don’t expect the U.S. central bank to cut short-term rates until September. Continue reading →

Motto Mortgage opens new offices in Texas, Florida and Missouri

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Since peaking at 246 offices in Q4 2023, RE/MAX’s mortgage franchising business has experienced declines for five consecutive quarters. Continue reading →

Trump, Pulte shed more light on plans for Fannie and Freddie

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Promise that the government will maintain “implicit guarantees” of the companies’ obligations suggests that what Trump has in mind is monetization, not privatization. Continue reading →

Fannie Mae taps Palantir to detect ‘rampant’ mortgage fraud

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Head of mortgage giants’ federal regulator, Bill Pulte, has made fraud an issue after leveling accusations against Trump opponent Letitia James. Continue reading →

Tariff fears are behind those big swings in consumer confidence

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A surge in the Conference Board’s Consumer Confidence Index for May made the preliminary numbers from a similar U of M survey look “far too negative,” one economist told clients Tuesday. Continue reading →

Hubzu operator Altisource plans reverse split to avoid delisting

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Real estate and mortgage services provider has racked up $363 million in cumulative losses and ended the first quarter with $30.8 million of cash and cash equivalents following a $232.8 million debt restructuring. Continue reading →

Trump’s interest sends shares in Fannie Mae, Freddie Mac soaring

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President says he’s giving “very serious consideration” to bringing companies public, and investors are hoping that whatever plan emerges will generate a windfall for them. Continue reading →

Rising mortgage rates take wind out of spring homebuying sails

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Applications for purchase loans fell 5 percent last week as rates climbed to highest level since February over concerns about inflation and growing government debt. Continue reading →

Lower rates could bring more home sales: Fannie Mae forecast

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While Fannie Mae economists see mortgage rates coming down by a full percentage point, forecasters at the Mortgage Bankers Association have issued a more cautious take. Continue reading →