GSEs

Freddie's serious delinquencies are seriously low

05/02/17

Freddie Mac's serious delinquency rate dropped below 1% for the first time since 2008, lending credence to its efforts to expand credit access.

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Senators warn FHFA against suspending Fannie, Freddie dividends

03/30/17

A bipartisan group of senators told Mel Watt, the regulator who oversees Fannie Mae and Freddie Mac, that he shouldn't allow the companies to recapitalize without congressional approval.

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Hedge funds can't sue over investments in Fannie or Freddie

02/21/17

A federal appeals court upheld a ruling that barred hedge funds from suing to overturn the U.S. government’s 2012 decision to capture billions of dollars in the profits generated by the mortgage guarantors Fannie Mae and Freddie Mac after their bailout.

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Fannie Mae will pay U.S. $5.5B after reporting profit

02/17/17

Fannie Mae said it earned $5 billion in the fourth quarter, doubling its profits from a year earlier with a big boost from gains on derivatives the company uses to hedge risk.

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Scrap Basel for servicers' sake, MBA chair-elect says

02/15/17

The Basel III capital requirements are making it hard for banks to stay in the servicing business, said David Motley, president of Colonial Savings. Their exodus from the market indirectly hurts consumers, he argued.

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Explicit federal guarantee is key to ending GSE conservatorship

02/02/17

An explicit government guarantee of Fannie Mae and Freddie Mac is imperative to reform the secondary market, but it needs to be carefully circumscribed.

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Investors’ victory in GSE case may be turning point against Treasury

02/02/17

A federal appeals court ruling has opened the door for litigants to challenge a 2012 decision by the U.S. government to sweep all of Fannie Mae and Freddie Mac's profits into the coffers of the Treasury Department.

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Why Trump still faces an uphill climb to ease regulations

01/20/17

The financial services industry has high hopes that President Trump will usher in a new era of less regulation and economic growth. Here are challenges his administration will face.

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Treasury pick Mnuchin clarifies GSE stance: No 'recap and release'

01/19/17

In his confirmation hearing, Treasury Secretary-designate Steven Mnuchin said he wanted to work with both parties to find a “bipartisan fix” for the housing finance system.

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Mnuchin vows to sell fund with ties to GSEs

01/11/17

Treasury Secretary-designate Steven Mnuchin will divest himself of his investments and interests in a number of companies and funds once confirmed, including a fund that has bet on Fannie Mae and Freddie Mac being recapitalized and released from government control.

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