News Topic: Fannie Mae

The Congressional Budget Office has found that restructuring the mortgage market would save the government billions of dollars but may increase the cost of housing. ... Read full article

The agency said the market for larger rental investors may not need additional liquidity from Fannie Mae and Freddie Mac. ... Read full article

Top U.S. housing regulator Mel Watt is privately reassuring people close to him that he will keep his post as authorities investigate an employee's claims of sexual harassment. Now, his accuser is heightening the pressure — speaking out publicly for ... Read full article

The regulator of the government-sponsored enterprises has substantial authority to intervene as a legislative stalemate continues. ... Read full article

A mortgage fraud scheme involving fake employment records, initially thought to be contained to Southern California, is occurring statewide, Fannie Mae said in a new fraud alert. ... Read full article

The House Financial Services Committee has scheduled an FHFA oversight hearing for September in the wake of waste, fraud and abuse allegations. ... Read full article

The biggest impact may be to focus the administration’s efforts on selecting a nominee to succeed Director Mel Watt, whose term ends in January. ... Read full article

The mortgage giants Fannie Mae and Freddie Mac would have to draw as much as $78 billion in the event of a serious economic crisis, according to stress test results released Tuesday by the housing regulator. ... Read full article

Fannie Mae’s treatment of a reperforming loan package helped drive up earnings by almost 41% to $4.5 billion, delivering a stronger dividend to Treasury ahead of a leadership change. ... Read full article

The agency said multiple stakeholders had requested more time to evaluate the proposal. ... Read full article

The D.C. movers and shakers at the center of the financial crisis — and the government’s response — have all moved on to new positions. Here's a look at what they did afterwards. ... Read full article

Fannie Mae and Freddie Mac remain in conservatorship nearly a decade after the financial crisis, and there’s still no end in sight. ... Read full article

Mel Watt's term as director of Federal Housing Finance Agency ends in January, but his exit may be accelerated if the accusations in a new report prove true. ... Read full article

Whoever succeeds current Director Mel Watt will have a front-and-center role in efforts to reform Fannie Mae and Freddie Mac. ... Read full article

Rep. Maxine Waters said fixing Fannie Mae and Freddie Mac would top her list of priorities if Democrats take control of the House in this year's midterm elections and she becomes leader of the Financial Services Committee next year. ... Read full article

Michael Bright co-wrote a paper in 2016 that envisioned making the agency a backstop for the housing finance system, but appeared to distance himself from the proposal at his confirmation hearing. ... Read full article

The bank entangled in probe of Michael Cohen; Mayopoulos to leave at yearend, CFO Benson to become president. ... Read full article

The announcement comes as Fannie Mae promoted David Benson to serve as president of the government-sponsored enterprise. ... Read full article