By KIMBERLEY HAAS Industry leaders are discussing what a potential release from conservatorship might look like for Fannie Mae and Freddie Mac under Trump’s second term. At the AEI Housing Center conference held in Washington, DC, the topic came up during a panel discussion on housing priorities for the new administration. Michael Calhoun, president of…
By CHUCK GREEN Back in 2008, Fannie Mae and Freddie Mac were in trouble. In fact, without government intervention, they faced imminent collapse, and on Sept. 6 of that year, both were placed in conservatorship by the director of the Federal Housing Finance Agency. With those conservatorships hitting their 15th anniversary, William Emmons, an adjunct…
Federal Housing Finance Agency Director Mark Calabria is trying to pull Fannie Mae and Freddie Mac out of conservatorship before the Trump Administration ends on January 20, the Wall Street Journal reported. Mark Calabria, a libertarian economist who heads the Federal Housing Finance Agency, has made it a priority to return Fannie and Freddie to private…
Christian M. Lown will be the new chief financial officer and executive vice president of Freddie Mac as the company seeks to emerge from conservatorship, Freddie announced Tuesday. Lown replaces Donald F. Kish, who has served as interim CFO since December. Kish will continue serving as Senior Vice President, Corporate Controller and Principal Accounting Officer….
Fannie Mae and Freddie Mac are looking for financial advisors to help them emerge from conservatorship. Each of the GSEs announced they will be issuing a request for proposal on Tuesday to “secure a financial advisor that will facility the company’s responsible exit for conservatorship. The advisors will help Fannie and Freddie on everything from…
Good Morning! Today is Tuesday, February 11. A federal judge said that the White House had defied his order to unfreeze billions of dollars in federal grants. The Justice Department will dismiss the corruption case against NYC Mayor Eric Adams. Google Maps has renamed the Gulf of Mexico to the Gulf of America for users in the U.S….
Good Morning! Today is Monday, February 10. The Eagles won the Superbowl, defeating the Chiefs 40-22. President Trump announced a 25% tariff on all steel and aluminum imports. He ordered the Treasury to stop minting new pennies. The Mortgage Note Reports Superbowl Sunday: Rocket unveiled its much anticipated new ad during the game and made history with an entire…
Good Morning! Today is Monday, January 6. Canadian PM Justin Trudeau is likely to announce his resignation. Congress will certify Donald Trump’s election results today. President Biden announced a ban on new oil and gas drilling along many U.S. coasts. The Mortgage Note Reports Guerra Gearing Up: The new SVP of community lending solutions at Guild Mortgage spoke…
Good Morning! Today is Friday, December 6. Police released two images of who they believe to have killed UnitedHealthcare’s CEO. The House blocked the release of a report about former Representative Matt Gaetz’s alleged sexual misconduct and drug use. Former President Barack Obama delivered a speech for the first time since the election. The Mortgage Note Reports…
Good Morning! Today is Thursday, November 21. The U.S. cast the sole vote against a U.N. Security Council resolution calling for a cease-fire between Israel and Hamas. The DOJ asked a federal court to force Google to sell Chrome. House Republicans blocked the release of a report about allegations against Trump nominee Matt Gaetz. The Mortgage Note…
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