The move formalizes acting leadership roles both have had in different segments of the government-backed mortgage market serving many first-time homebuyers.
A quasi-public corporation is a type of private company that is backed by a branch of government with a public mandate to provide a given service.
Washington should seek to lower prices, not lending standards.
On Tuesday, Freddie Mac named Kenny Smith as the new CEO, who will immediately take on the role on Wednesday. ・Smith takes ...
Detailed price information for Bank of America Corp (BAC-N) from The Globe and Mail including charting and trades.
Fannie Mae and Freddie Mac boost MBS holdings to support housing costs and prep for public offerings. Learn how this move ...
Opinion
Trump’s 50-Year Mortgages Are Horrible for Homebuyers, but Great for These 2 REITs to Explode
President Trump’s proposal for 50-year mortgages aims to tackle the housing affordability crisis by lowering monthly payments. The plan, supported by Federal Housing Finance Agency Director Bill Pulte ...
Senator Tuberville credited President Trump and Fannie Mae Director Willie J. Pulte for their support of the move.
Michael Burry holds Fannie Mae and Freddie Mac stock, expecting gains if IPO proceeds and capital rules change.
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