Freddie Mac

Berkshire loves Synchrony; What’s behind the bitcoin surge?

08/15/17

Warren Buffett’s firm buys big stake in retail credit card issuer while dumping shares in its former parent, GE; long-awaited update speeds transactions in the digital currency network.

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Libor going away creates a compliance trap for ARM lenders

08/10/17

Picking a new benchmark for adjustable-rate mortgages is the easy part. Industrywide implementation is where things get tricky.

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Debt limit debate complicated by Fannie, Freddie dividends

08/09/17

Dividend payments by Fannie Mae and Freddie Mac are due to come one day after the U.S. is estimated to hit the debt ceiling, raising the stakes in the debate over whether those payments should continue.

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PHH to pay $75M False Claims Act settlement with DOJ

08/08/17

PHH Corp. will pay the Justice Department $75 million to settle a False Claims Act investigation of its underwriting practices on government-insured mortgages and loans sold to Fannie Mae and Freddie Mac.

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Fannie-Freddie could need $100B bailout if new crisis hits: FHFA

08/07/17

Mortgage-finance giants Fannie Mae and Freddie Mac could need nearly $100 billion in bailout money in the event of a new economic crisis, according to stress test results released Monday by their regulator.

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One part of GSE reform is already working

08/04/17

Credit risk transfers have emerged as more than just a method for mitigating taxpayer exposure. They could be a key component of comprehensive housing finance reform.

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Bipartisan Senate bill would force Fannie, Freddie to think outside FICO

08/01/17

A bipartisan duo of lawmakers is set Tuesday to introduce a bill designed to increase homeownership opportunities for “credit invisible” consumers.

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Freddie Mac says it will pay $2B to taxpayers — maybe

08/01/17

Freddie Mac said it earned enough in the second quarter to send a $2 billion dividend to the U.S. Treasury, but the press release announcing the company’s financial results includes new language suggesting uncertainty as to whether the payment will be made as scheduled.

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A cautionary note for those intent on gutting GSEs

07/31/17

Regardless of whether Congress could act, proponents don’t seem to fully appreciate the potential unintended consequences of a future without Fannie Mae and Freddie Mac.

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Fannie, Freddie are irrelevant to a government-backed mortgage system

07/25/17

Policymakers should differentiate between housing finance-related issues of real importance to the greater public interest, and those that concern only special interests.

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