The new hire is part of the growing link between the agency, HUD, and the White House. Whether that’s a political asset or a liability remains to be seen.
Fannie Mae and Freddie Mac in the first quarter of 2019 earned a combined net income of roughly $3.8 billion — all of which is likely to be sent as dividend to the Treasury Department.
Several large banks seek damages from the federal regulator for failing to protect them from lawsuits related to the sale of RMBS and the subprime disaster.
The Urban Institute says mortgage servicing compensation has been largely overlooked in the debate over housing-finance reform even though it plays a critical role.
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.
The 10-year Treasury rate is declining and the possibility of a recession is growing.
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