Six months after President Trump told Wall Street banks to prepare a swift stock offering, there is no firm plan for how to take the giant mortgage firms public.
Category: Federal National Mortgage Assn (Fannie Mae)
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Facing Political Pressure, Trump Seeks Answer to Rising Housing Costs
White House officials have explored a vast array of ideas as the president looks to unfurl a housing affordability plan at an economic conference this month.
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Trump Orders Fannie and Freddie to Buy $200 Billion in Mortgage Bonds
The move, a bid to make homes more affordable, would be a back-to-future moment for the two mortgage firms. Buying risky mortgage bonds helped push them to near-bankruptcy in 2008.
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Buying a House Is Expensive. But There Are Some Ways to Rein In Costs.
The Trump administration has proposed 50-year and “portable” mortgages to make home buying more affordable. But housing experts offer other suggestions.
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With Mortgage Rates Declining, Should You Refinance?
More than four million borrowers could potentially benefit from locking in a lower rate. Here’s what to consider.
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Deception? Conflicting Paperwork? Clerical Error? How a Politician’s Mortgages Can Get Muddy
Mortgage fraud allegations, like those President Trump has leveled against Lisa Cook, are hard to prove. A New York Times review of the holdings of other Washington officials shows how multiple mortgages can invite questions even when people act properly.
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Mortgage Fraud Claims Give Trump Weapon Against Lisa Cook and Others
The director of Federal Housing Finance Agency could win the president an opening on the Federal Reserve board.
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Trump Seeks to Sell Fannie Mae and Freddie Mac Shares to Public Investors
More than a decade after the government bailed out the mortgage giants, the Trump administration is looking for a partial stock-market exit.
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Mortgage Lenders Can Soon Use VantageScore. Is That Good for Borrowers?
A top housing finance regulator announced that Fannie Mae and Freddie Mac would allow lenders to use the traditional FICO score or one from a rival, VantageScore.
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Crypto Industry Moves Into the U.S. Housing Market
Americans are finding ways to use digital currencies to help them buy homes, and new companies are forming to help people tap their home’s value to buy Bitcoin.
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Fannie Mae, Freddie Mac Regulator Puts 35 Workers on Leave
The National Treasury Employees Union said there had been no advance notice for the employees, who work in consumer protection, equal opportunity and research units.
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Mortgage Giants Fannie Mae and Freddie Mac Brace for Job Cuts
William Pulte, the new director of the Federal Housing Finance Agency, is consolidating control over Fannie Mae and Freddie Mac and questioning employees’ productivity.
