Impact on rates depends on the structure of rumored IPO. Whatever the plan turns out to be, the Trump administration has stacked the boards at the mortgage giants with its supporters. Continue reading
The sweeping bill was passed in the House on Thursday and now heads to the Senate for consideration. Industry players were pleased by some of the bill’s business-friendly tax provisions and other measures that may aid in homebuyer affordability. Continue reading
A Congressional Budget Office report says over the next 10 years, it will cost Uncle Sam $19 billion to cover the cost of some $12 trillion in mortgage-backed securities Fannie and Freddie are expected to create. Continue reading