Shares of Fannie Mae and Freddie Mac extended days-long losing streaks amid mounting unease about the impact of President Donald Trump’s policy moves on efforts to release the mortgage-finance giants from government control. Processing Content Fannie and Freddie common stock both sank around 10% in Friday trading to the lowest intraday levels since late November, […]
Fannie, Freddie stock woes deepen as IPO questions mount Read More »
The Community Home Lenders of America has published a new list of reasons it views the effort it would take to transition to a single-bureau credit report option at the government-sponsored enterprises as outweighing benefits related to a potential reduction in expense. Processing Content “Costs will likely not be reduced — and could be increased,”
Lenders group flags risks in single-bureau credit plan Read More »
Al Drago/Bloomberg Processing Content Key Insight: Fed Vice Chair Michelle Bowman said labor market risks remain elevated and cautioned against signaling a policy pause as the central bank weighs its next moves. Expert Quote: “We should also avoid signaling that we will pause without identifying that conditions have changed. Doing so will indicate that we
Fed’s Bowman ‘continues to see downside risk’ to labor market Read More »