Obama Administration Still Undecided about Final Fate of Fannie, Freddie
August 19, 2011
With confidence in economic recovery continuing to waver across the country, there’s been a revival of speculation about what the Obama administration’s next move will be in the housing market, given the industry’s substantial role in the economy and the upcoming presidential election. This week the Washington Post reported that the president called for a team of advisers to create a housing finance reform proposal that would allow the government to maintain its large role in the market and extend a federal loan subsidy for many borrowers. However, Neal Wolin, deputy secretary of the Treasury, was quick to ...
Moves by the Trump administration are disrupting the economy and the federal agencies that deal with the housing market. Bob Broeksmit, president and CEO of the MBA, isn’t sure how it’s all going to play out.
Is Onity Group eyeing a sale? Perhaps. And why not? Servicing values are approaching a 25-year high.
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