Trump administration ‘in no rush’ to do Fannie, Freddie IPO this year

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

‘If our nurses, firefighters, and teachers can’t live here, then our community stops functioning’

Workforce housing initiatives offer one part of the affordability solution for discouraged buyers, but still fall short of the need. Continue reading

Dems seek answers on impact of Fannie, Freddie IPO on rates

Survey shows most Americans are also concerned that privatizing the mortgage giants might lead to higher mortgage rates, although Democrats and independents are more likely to be worried than Republicans. Continue reading

Rocket, Mr. Cooper merger OK’d by Fannie and Freddie regulator

A green light from the Federal Housing Finance Agency and antitrust regulators sets the stage for a Sept. 3 vote by Mr. Cooper shareholders on $9.4 billion mega merger. Continue reading

Small lenders oppose combining Fannie, Freddie into single entity

Fannie Mae and Freddie Mac should continue to operate as separate companies rather than merged into a single entity, and be regulated like utilities with a cap on excessive fees and prohibitions on backing risky loans. That’s the perspective of a… Continue reading

Pulte dismisses claims he is ‘weaponizing’ mortgage fraud

A “Wall Street Journal” editorial calls Pulte’s criminal referral of Federal Reserve governor “an ominous turn in political lawfare” and warns that “weaponizing” Fannie and Freddie’s federal regulator “won’t build confidence in America’s institutions o… Continue reading

How HUD’s English-only policy undermines fair housing

Realtors cannot stand idly by in the face of discriminatory housing policies, coach Darryl Davis writes. It’s time to fight for the homeownership rights of non-English-speaking clients and neighbors. Continue reading

How HUD’s English-only policy undermines fair housing

Realtors cannot stand idly by in the face of discriminatory housing policies, coach Darryl Davis writes. It’s time to fight for the homeownership rights of non-English-speaking clients and neighbors. Continue reading

Newrez pays $2.3M to settle Caliber overcharge allegations

California regulators collect $1.8 million fine after accusing Caliber Home Loans of overcharging nearly 5,000 borrowers for interest that accrued before their first mortgage payment was due. Continue reading

Fired Fannie Mae workers file discrimination, defamation suits

Dozens of fired employees, all U.S. citizens of Indian nationality, deny defrauding charitable giving program and seek $82 million from chair Bill Pulte and CEO Priscilla Almodovar. Continue reading