At its current pace, by the end of March Mr. Cooper Group will have overtaken Chase Home Finance as the largest GSE server. (Includes two data tables.)
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Given the financial and political hurdles that stand in the way of releasing Fannie Mae and Freddie Mac from conservatorship, it may be only a second- or third-tier issue for the Trump administration.
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Hugh Frater and Don Layton speculate on the likelihood a second Trump administration can get Fannie Mae and Freddie Mac out of conservatorship.
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Pulte’s nomination received a warm reception from industry trade groups. He’s the grandson of the founder of home construction firm PulteGroup.
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The former chief housing advisor to the Treasury secretary during the first Trump administration will now oversee Freddie’s regulatory and conservatorship affairs operations.
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Some SWFs in other countries have extensive ownership interests in major corporations and sweep much of their profits into state coffers.
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