GSE Reform

Senators call on FHFA’s Bill Pulte to pause GSE privatization plans

A group of 14 Democratic senators, led by Elizabeth Warren (Mass.) and Minority Leader Chuck Schumer (N.Y.), have called on Federal Housing Finance Agency (FHFA) Director Bill Pulte to pause any potential plans to release government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac from conservatorship. The letter, first reported by Bloomberg, said that any potential […]

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Senators ask FHFA to pause plans to privatize Fannie, Freddie

A group of Democratic senators, including Elizabeth Warren and Chuck Schumer, asked the director of the Federal Housing Finance Agency to pause any efforts to privatize mortgage finance companies Fannie Mae and Freddie Mac. President Donald Trump said on social media last month that he’s considering a public stock offering for the two government-backed enterprises,

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GSEs could go public while staying under government control

The Trump administration has studied the possibility of turning Fannie Mae and Freddie Mac into public companies while keeping them under conservatorship — one of several alternatives still under consideration, according to a Bloomberg report published Tuesday. The primary goal of the administration is to reduce the U.S. budget deficit and avoid any increase in

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US signals interest in using Fannie, Freddie to bolster budget

Signs are emerging that the Trump administration may be less willing to give up control of mortgage giants Fannie Mae and Freddie Mac than investors have bargained for, as policymakers scrounge for ways to close US budget gaps. In recent social media posts, Donald Trump said he’s exploring the sale of new shares in the

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Mat Ishbia: GSEs acting ‘private’ in conservatorship could be best of both worlds

Mat Ishbia, the president and CEO of United Wholesale Mortgage (UWM), said last week he doesn’t think that releasing Fannie Mae and Freddie Mac from conservatorship is a major focus for the Trump administration — and he isn’t sure “whether it should be.”  One thing he is confident about: If ending the conservatorship results in

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Updated list of Bill Pulte’s actions that impact FHFA, GSEs

Below is a timeline of the actions or reports related to Federal Housing Finance Agency (FHFA) Director Bill Pulte that have impacted the regulator or the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac since Pulte was announced as President Donald Trump’s nominee for the role in January and took office in March. January/February Trump

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Pulte sees no scenario where Trump isn’t in control of Fannie Mae, Freddie Mac

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

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What Trump’s latest GSE comments could mean for mortgages

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

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Trump says Fannie Mae to keep U.S. guarantee as public firm

(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

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What implicit guarantee means for rates on GSEs’ release

Will mortgage rates go higher if the government takes the GSEs out of conservatorship? Many people would say yes if there were no government backing of these two giants, but on Tuesday evening the calculus changed. In a social media post on Tuesday, President Trump expressed his intention to transition the government-sponsored enterprises (GSEs) out

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