A key decision maker in the federal housing apparatus, the director of the Federal Housing Finance Agency (FHFA) oversees the regulator of the government-sponsored enterprises (GSEs) and the Federal Home Loan Banks. But Bill Pulte has been anything but a conventional FHFA director (pardon the term, since we’re not talking about conforming loan limits just […]
How Bill Pulte has reshaped FHFA and the GSEs Read More »
Federal Housing Finance Agency Director Bill Pulte said he cannot envision a situation where President Donald Trump relinquishes control of Fannie Mae and Freddie Mac, emphasizing there is a need to keep implicit guarantees intact as the administration considers potential options for the two mortgage giants. READ MORE: What Trump’s latest GSE comments could mean
Pulte sees no scenario where Trump isn’t in control of Fannie Mae, Freddie Mac Read More »
Experts are weighing the future of mortgage rates and guarantee fees following the Trump administration’s strong yet mixed messaging on the future of Fannie Mae and Freddie Mac. President Trump in a Truth Social post Tuesday said he’s working on taking the government-sponsored enterprises public, stating they would retain their “implicit guarantees,” and that he
What Trump’s latest GSE comments could mean for mortgages Read More »
Influential government-related mortgage investor Fannie Mae will be partnering with Palantir, a company involved in introducing more artificial intelligence to financial services, as its regulator and conservator steps up its fight against fraud. Peter Thiel, who owns stakes in Trump administration ally Elon Musk’s companies, founded the AI firm that will be helping identify patterns
Fannie Mae partners with Palantir to weed out fraud Read More »
(Bloomberg) — President Donald Trump said that the US government would retain guarantees and an oversight role over Fannie Mae and Freddie Mac even as he pursues a public offering for the mortgage giants. I am working on TAKING THESE AMAZING COMPANIES PUBLIC, but I want to be clear, the US Government will keep its
Trump says Fannie Mae to keep U.S. guarantee as public firm Read More »
President Trump last week promised a quick answer on whether to remove Fannie Mae and Freddie Mac from government conservatorship. And it appears he’s already reached a decision: it’s time to take them ‘public.’ In a post published on Truth Social Tuesday night, Trump wrote: Our great Mortgage Agencies, Fannie Mae and Freddie Mac, provide
Trump: I’m taking Fannie and Freddie ‘public’ with implicit guarantee Read More »
Bill Pulte, a key housing regulator, is poised to do something about high costs associated with credit metrics as two key legislators steer him away from one related move his predecessor considered. “Still not happy with FICO. We should be making some decisions on all related items in next 1-3 weeks,” Pulte said in an
Pulte plans credit score move as legislators back tri-merge Read More »
Last week, during remarks to the MBA Secondary & Capital Markets event in New York City, FHFA Director Bill Pulte commented that he thought the estimates for the valuations for Fannie Mae and Freddie Mac were too low. Pulte then made clear that releasing the GSEs from conservatorship “is a decision for the President of
How President Trump can monetize the GSEs Read More »
Releasing the GSEs from conservatorship became a hot topic again this week after President Trump posted that he was giving it “serious consideration” on Wednesday, followed by a Bloomberg interview with Treasury Secretary Scott Bessent on Friday. The timing of the president’s announcement took many by surprise, given rising bond yields, an uncertain trade war
Bessent weighs mortgage rate risk in potential release of GSEs Read More »
President Donald Trump’s bombshell Truth Social post on Wednesday night sent the stock prices of Fannie Mae and Freddie Mac soaring. But removing the government-sponsored enterprises (GSEs) from conservatorship after 16-plus years would be a complicated endeavor. And if they’re not removed carefully, costs for borrowers could spike. Trump’s announcement that he’s considering a public
Trump’s GSE exit pursuit is complicated (and could be costly) Read More »
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