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Fannie Mae fending off discrimination, defamation lawsuits

Fannie Mae wants to squash separate lawsuits from workers it fired last spring, who are accusing the government-sponsored enterprise of discrimination and defamation.  Processing Content The accusations stem from a mass termination in April, in which Federal Housing Finance Agency Director Bill Pulte said over 100 employees were fired for fraud. Housing officials never elaborated […]

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Some paths to recap and release longer than others: Wedbush

The will to explore a new move that will put the government-sponsored enterprises on a path to be recapitalized and released from conservatorship exists; the question now is how, when and if. Processing Content All that could depend on whether the Trump administration is willing to make investor concessions and offer new shares, according to

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FHLBank Chicago increases affordable housing program benefit

The Federal Home Loan Bank of Chicago increased the benefits offered through its Community Advance program for 2026, to support affordable housing and local development.  Processing Content The additions include a $55 million total annual interest rate subsidy, allocated on a first-come, first-served basis, and an increase to the per-member outstanding Community Advanced limit from

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