The Trump administration has assured industry groups that a stable housing finance system and low mortgage rates are a “North Star” in plans for a secondary offering, but Dems complain they’ve been shut out of process. Continue reading
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
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
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
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
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