GSEs

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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FHFA’s Watt: No change in GSE credit scoring models until 2019

08/01/17

FHFA Director Mel Watt said Fannie Mae and Freddie Mac can not use alternative credit models until other issues are resolved first.

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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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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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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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Citi's investor day returns; Morgan Stanley tops Goldman

07/25/17

Citi is holding its first investor day since the financial crisis, plugging credit cards and its Mexican business; Morgan Stanley's market cap tops Goldman's for the first time.

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Should GSEs be aggressive in buying chattel loans?

07/24/17

While Freddie Mac is moving cautiously into buying manufactured housing loans not secured by land, Fannie Mae is moving more aggressively. Industry representatives are divided on which approach is superior.

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Personal loans get paid before other consumer credits, study finds

05/17/17

As financial institutions look closer at the increasingly detailed consumer credit data available, they are learning consumers are more apt to pay off personal loans before mortgages, auto loans and credit cards.

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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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