A 2021 SCOTUS decision made FHFA just another agency of the executive branch. That means Trump can meddle with any GSE policies and programs he chooses.
Senate Banking Committee members seek clarity over HUD Secretary Scott Turner’s statement that he would lead the process of ending the conservatorships of Fannie Mae and Freddie Mac.
Updates will automate parts of the voluntary partial-cancellation process that are currently manual. This tool will be available through Freddie’s Gateway portal.
The enterprise mistakenly sent the personal information of a handful of borrowers to one of its third-party providers. Normally, these files are anonymized.
The sign of a good business model is one that makes profits in good times and bad. Fannie and Freddie have shown strong profits throughout the post-pandemic downturn. (Includes data table.)
Fair Isaac Corp. CEO William Lansing asserted that FICO is the best tool for assessing credit risk, and he doesn’t see that changing whether the government is more or less involved in the GSEs.
Is Onity Group eyeing a sale? Perhaps. And why not? Servicing values are approaching a 25-year high.
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