Mortgage giants allegedly weren’t informed in advance that they’d be required to accept VantageScore 4.0, and lenders have lots of questions about how the new process will work. 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
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
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