Promise that the government will maintain 'implicit guarantees' of the companies' obligations suggests that what Trump has in mind is monetization, not privatization
Head of mortgage giants' federal regulator, Bill Pulte, has made fraud an issue after leveling accusations against Trump opponent, New York Attorney General Letitia James
A surge in the Conference Board's Consumer Confidence Index for May made the preliminary numbers from a similar U of M survey look 'far too negative,' one economist told clients Tuesday
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
Long-term agreement with ICE Mortgage Technology will help nation's largest mortgage lender bring $242B loan servicing portfolio in-house, boost repeat business and referrals
Heightened fears of a trade war and recession have investors convinced the Fed will start cutting rates again in June, a sentiment that gives mortgage rates more room to come down
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
Central bank dials back Treasury rolloffs but is not ready to cut short-term interest rates, as Fed policymakers indicate they're more worried about inflation than they were in December
While mortgage originations were up 34% from a year ago, to $7.2B, shares dip below 12-month low after company executives said they don't expect Q1 2025 lending to surpass $5.5B
There's rising anxiety among investors and consumers about the potential impacts of a trade war, surveys show, with stock prices and bond yields retreating as March 4 deadline looms
National Housing Conference CEO David Dworkin, a centrist advocate for affordable housing stakeholders, warns of unintended consequences of downsizing of HUD, FHA and Ginnie Mae
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
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
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
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'