Billionaire investor Bill Ackman floats plan to relist mortgage giants on the New York Stock Exchange this year, but says it’s too soon for the government to sell any of its stake. Continue reading
If the government keeps tight control over the mortgage giants and provides an “implicit guarantee” of their debt, rates might rise by 1/5 of a percentage point, Stanford researchers conclude. Continue reading
Democratic Senators Elizabeth Warren, Chuck Schumer and Cory Booker have asked federal regluator to pause any efforts to reprivatize Fannie and Freddie and study potential impact on mortgage rates. Continue reading
Lawmakers want assurances that privatizing the mortgage giants or taking them public won’t drive mortgage rates up, and put investor profits “over the homes of millions of Americans.” Continue reading
Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers. Continue reading
Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers. Continue reading
Cutting the mortgage giants’ $806,500 conforming loan limit could relieve pressure on home prices but leave more homebuyers seeking jumbo mortgages at higher rates from private lenders. Continue reading
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
Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers. Continue reading
Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers. Continue reading