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With Craig Phillips having left Treasury, the general consensus is that the Treasury housing finance reform plan will come out publicly the first half of July, with the point estimate being the second week. This is important to Fannie Mae (FNMA) and Freddie Mac ( OTCQB:FMCC ) because Trump...
With Craig Phillips having left Treasury, the general consensus is that the Treasury housing finance reform plan will come out publicly the first half of July, with the point estimate being the second week. This is important to Fannie Mae (FNMA) and Freddie Mac ( OTCQB:FMCC ) because Trump...
Craig Phillips is the point man at Treasury who is working on the plan to send to the White House on what to do about ending the conservatorship of Fannie Mae ( FNMA ) and Freddie Mac ( FMCC ). He is now saying that he sees Fannie and Freddie as having paid back taxpayers: In the video ...
The Federal Housing Finance Agency ((FHFA)) regulates Fannie Mae ( FNMA ) and Freddie Mac ( FMCC ). FHFA just got a new director Mark Calabria and he got his first unbiased interview where he basically talked his playbook for what to do about the never-ending conservatorship. Based on his rece...
Fannie Mae ( OTCQB:FNMA ) and Freddie Mac ( OTCQB:FMCC ) are two government sponsored enterprises (GSEs) that are regulated by the Federal Housing Finance Agency (FHFA). They just got a new acting director Joseph Otting who will be replaced by Mark Calabria once Mark gets through the Senate co...
Fannie Mae ( OTCQB:FNMA ) and Freddie Mac ( OTCQB:FMCC ) are two companies in conservatorship. They were placed into conservatorship in 2008 when the Federal Housing Finance Agency used its accounting authority to write down their assets so that they would take money from the US Treasury. In...
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Housing Sentiment Continues Rapid Recovery as Mortgage Rates Remain Near Historic Lows Eighty-three Percent of Survey Respondents Not Concerned About Losing Job in Next 12 Months, a Five Percentage Point Rise from August PR Newswire WASHINGTON, Oct. 7, 2020 WAS...