GSEs

What CFPB’s day in court will mean for FHFA

11/04/19

The Supreme Court is ready to weigh in on the CFPB’s leadership structure, but both agencies are facing similar constitutional challenges, suggesting a broader impact of any decision.

[more]

Trump administration wants Supreme Court to back GSE profit sweep

10/30/19

A lower court “erred” when it sided with Fannie Mae and Freddie Mac’s investors, the Justice Department said in its petition to the high court.

[more]

FHFA's Calabria talks GSE footprint, coordination with other agencies

10/28/19

The regulator of Fannie Mae and Freddie Mac discussed steps the companies have already taken to limit their risk, as well as efforts to prevent housing market “overlap” with the FHA.

[more]

Zuckerberg makes his case to Congress; GAO opinion could help banks

10/24/19

Facebook CEO says the company won’t purse Libra anywhere if U.S. regulators disapprove; the agency says “guidance” was actually “rules.”

[more]

FHFA's Calabria is open to wiping out Fannie, Freddie shareholders

10/22/19

At a House hearing covering a whole host of housing finance reform topics, Fannie Mae and Freddie Mac's regulator said "if the circumstances" call for eliminating investors, "we will."

[more]

BofA's 'productive paranoia,' GSEs' next moves, debt collecters' letdown: Top stories of the week

10/11/19

BofA’s do-no-harm approach to AI; looking at what comes next for Fannie and Freddie now that they get to keep their earnings; ruling cuts short debt collectors’ victory lap over CFPB proposal; and more from this week’s most-read stories.

[more]

'Let's play a drinking game': Comments of the week

10/10/19

Readers react to whether the next presidential debate will discuss banking, how California's financial policies are bleeding into other blue states, suggested reforms to the Community Reinvestment Act and more.

[more]

Fannie and Freddie get to keep their earnings. Now what?

10/04/19

Allowing the mortgage giants to retain profits resolves a short-term capital shortfall, but how much capital they would need after exiting conservatorship is still the bigger question.

[more]

Trader says bank framed him; Government big on housing

10/03/19

Rohan Ramchandani claims in lawsuit Citigroup singled him out to protect itself; three federal agencies now back almost $7 trillion in mortgage debt.

[more]

Fannie, Freddie will retain $45B in capital in first step toward privatization

09/30/19

The move to alter the government's preferred stock purchase agreements is the first major one under FHFA Director Mark Calabria's tenure to wind down the conservatorship of the government-sponsored enterprises.

[more]