Wall Street reacted positively overall to news that Fannie Mae had met its regulatory surcharge on retained capital, but some analysts are less optimistic than others about the giant GSE’s ability to ramp up its earnings in the coming months. The Office of Federal Housing Enterprise Oversight announced last week that Fannie had met a 30-percent regulatory surcharge on its minimum capital that went into effect on Sep. 30. The surcharge...
The new FHFA director’s whirlwind first week resulted in widespread staffing cuts at the regulator and a dramatic change in leadership at the GSEs. So far, criticism has been muted.
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