US could sweep Fannie, Freddie stakes into sovereign wealth fund

Some experts are intrigued by the idea floated by Treasury Secretary Scott Bessent, saying it could help put the mortgage giants on sound footing without boosting mortgage rates. Continue reading

Fannie Mae and Freddie Mac prep for privatization in Trump 2nd term

President Trump has promised to release Fannie Mae and Freddie Mac from its 16-year conservatorship. However, the road to privatization may be more perilous than expected. Continue reading

Mortgage industry vet Diana Reid is first woman to lead Freddie Mac

With former JP Morgan Chase Director Priscilla Almodovar serving as Fannie Mae’s CEO since 2022, both mortgage giants are now led by women for the first time in history. Continue reading