US could sweep Fannie, Freddie stakes into sovereign wealth fund
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
by Matt Carter Mar 24
Top Freddie Mac, FHFA executives dismissed in latest shakeup
Among those dismissed were Freddie Mac CEO Diana Reid and Head of Human Resources Dionne Wallace Oakley. FHFA COO Gina Cross and HR Director Monic Matthews were placed on leave
by Richelle Hammiel Mar 21
Pulte chair of Fannie, Freddie after 14 board members are purged
Less than a week after being confirmed by the Senate to lead the FHFA, homebuilder scion Bill Pulte launches a campaign to cut alleged wasteful spending at the mortgage giants
by Matt Carter Mar 18
Bill Pulte confirmed to lead Fannie and Freddie's federal regulator
Mortgage industry groups support the Trump administration's picks to lead the FHFA and CFPB, but questions remain about the prospects for dramatic policy shifts at the agencies
by Matt Carter Mar 14
NAR, Mortgage Bankers Association back CFPB nominee
The National Association of Realtors and several other housing groups urged Congress to confirm Consumer Financial Protection Bureau nominee Jonathan McKernan
by Marian McPherson Feb 25
December home prices extend decade-long growth streak
The FHFA Housing Price Index (HPI) and the S&P CoreLogic Case-Shiller Indices reported annual growth of 4.5% and 3.9%, continuing a streak of quarterly appreciation since 2012
by Richelle Hammiel Feb 25
Mortgage rates in retreat as investors weigh Trump's approach
After surprise inflation report, Trump administration says the Fed's interest rate decisions will be exempt from its attempt to exert more control over independent federal agencies
by Matt Carter Feb 19
Fannie Mae and Freddie Mac's net worths climb past $154B
While plans to privatize the mortgage giants are on the back burner, Trump administration may impose limits on how much support the mortgage giants can provide to riskier borrowers
by Matt Carter Feb 14
Trump nominates Jonathan McKernan as director of CFPB
McKernan's prior roles include senior financial policy advisor for Sen. Bob Corker and posts with the Senate Committee on Banking, Housing, and Urban Affairs and the US Treasury
by Richelle Hammiel Feb 12
Name change, budget cuts at top of HUD secretary’s list
Scott Turner put budget cuts and a department name change at the top of his list, while fair housing and diversity, equity, and inclusion programs were noticeably absent
by Marian McPherson Feb 6
What’s next for fair housing in an anti-DEI era?
Protecting fair housing must be a non-negotiable part of building a more inclusive and equitable future, Color of Money podcast host Julia Lashay Israel writes
Home prices hit record high in November despite cooling demand
In November, the Federal Housing Finance Agency and the CoreLogic Case-Shiller Indexes recorded annual gains of 4.2% and 3.8%, respectively, according to new data released Tuesday
by Richelle Hammiel Jan 28
Fannie Mae and Freddie Mac prep for privatization in Trump 2nd term
President Trump has promised to release Fannie Mae and Freddie Mac from its 16-year conservatorship. However, the road to privatization may be more perilous than expected
by Marian McPherson Jan 23
Rollout of new mortgage credit scoring models pushed back
Plan to require lenders working with Fannie and Freddie to use FICO Score 10 T and VantageScore 4.0 models by Q4 2025 has been dropped, with new implementation date 'TBD'
by Matt Carter Jan 17
Nation's biggest lender, UWM, is piloting Fannie Mae title waivers
Trade group for title insurers complains federal regulators are disregarding the views of lawmakers in allowing the program to move forward on the eve of a 2nd Trump administration
by Matt Carter Dec 12