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
Lifting of the asset cap could give the bank greater leeway to originate jumbo mortgages that exceed Fannie Mae and Freddie Mac’s $806,500 conforming loan limit in most markets. Continue reading
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
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
Head of mortgage giants’ federal regulator, Bill Pulte, has made fraud an issue after leveling accusations against Trump opponent Letitia James. Continue reading
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
RentSpree is working with TransUnion to improve how leasing agents and property managers determine a lease applicant’s background. Continue reading
Professional association is fighting accusations that it knowingly reported inaccurate exam scores to state agencies and ignored a top executive’s alleged sexual harassment of multiple employees. Continue reading
On Sunday, Texas Governor Greg Abbott announced that he’d halted development on a Muslim mixed-use project in Plano due to several alleged violations. However, the developers said Abbott’s investigations are unfounded and rooted in Islamophobia. Continue reading
A hearing on an order barring the Trump administration’s move to fire all but 200 of the CFPB’s 1,700 employees is set for Friday, with Democrats calling it an attempt to dismantle the bureau. Continue reading