Trump administration officials respectively said Wednesday that Fannie Mae and Freddie Mac are “definitely ready” for a stock offering within a certain range and a conservatorship exit is an eventual goal. Processing Content Federal Housing Finance Agency Director Bill Pulte told Fox Business News that the GSEs could stage a secondary sale of 2.5-5% equity […]
GSE ‘IPO’ ready for 2.5-5% initial sale if Trump OKs: Pulte Read More »
Mortgage rates are driven by bonds and that bonds care about employment data. There are quite a few different economic reports that focus on various employment metrics. Next Wednesday’s jobs report is the biggest ticket by far, but other reports can move the needle at times–especially when they fall far from forecasts or previous readings.
Mortgage Rates Fall After Downbeat Employment Data Read More »
Key insight: The three credit bureaus — Equifax, Experian and TransUnion — say the complaint portal is being abused by third-party credit repair firms and AI bots. What’s at stake: Credit repair firms are using the CFPB’s complaint portal to try to remove accurate but negative information from credit reports. Supporting data: Credit reporting complaints hit
CFPB implements new requirements for complaints on its portal Read More »