Billionaire hedge fund manager Bill Ackman expects that the upcoming Trump administration will remove the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) from government conservatorship. In a post on Monday, Ackman...
The Biden administration will replace Director of the Federal Housing Finance Agency (FHFA) Mark Calabria (pictured) following a Supreme Court decision that gave the president authority to remove him.
"In light of the Supreme Court’s decision today, the President is moving forward today to...
The federal regulator overseeing Freddie Mac and Fannie Mae is looking to end the government control over the mortgage companies before the end of Donald Trump's presidency, the Wall Street Journal said on Friday.
Mark Calabria, who is the head of the United States Federal Housing Finance...
The Trump administration announced its plan to overhaul the housing finance system and return the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation, better known as Fannie and Freddie, to private ownership after eleven years under government...
The Federal National Mortgage Association (Fannie Mae) and Federal Home Loan Mortgage Corporation (Freddie Mac) will pay $4.7 billion in dividends to the Treasury Department as a part of their conservatorship agreement, the mortgage guarantors said on Thursday.
Fannie Mae is expected to pay...
United States Treasury Secretary Steven Mnuchin is working on a set of proposals which would bypass the Congress in the process of privatization of the Freddie Mac and Fannie Mae, two largest mortgage guarantors in the US, Financial Times reported on Thursday. Sources familiar with the matter...
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