As recent incidents of double-pledging risk increase outside the domestic single-family mortgage market, questions arise as to whether they could soon be a concern for home lenders in the United States. Processing Content Double pledging occurs when an asset such as a mortgage or auto loan gets used as collateral for more than one source […]
Double-pledging risk: What mortgage lenders should know Read More »
Bill Ackman, chief executive officer of Pershing Square Capital ManagementJeenah Moon/Bloomberg Government-sponsored enterprise stocks staged a recovery in the wake of a social media post from an influential figure on Wall Street who holds shares. Processing Content Billionaire and legacy GSE investor Bill Ackman’s X post on Sunday indicating the stocks were “stupidly cheap” gave
Fannie Mae, Freddie Mac shares rebound on Ackman statement Read More »
Fannie Mae and Freddie Mac’s total retained portfolios hit a new multiyear high last month, and March’s numbers could be even higher amid reports they may have stepped up MBS buying to counter market disruption. Processing Content Fannie held $150 billion in its portfolio in February, including nearly $77 billion of its own MBS, $63
Fannie, Freddie portfolios surge to multiyear high Read More »
The government-sponsored enterprises appear increasingly likely to face a lengthy capital reform process, but the former CEO of Freddie Mac said he sees a faster way forward. Processing Content “Although developing such a simplified and reformed capital rule is often seen as a challenging and time-consuming regulatory task, it might well be relatively straightforward,” Donald
Freddie Mac’s former chief charts path to GSE capital reform Read More »
The Trump administration has promised to keep Fannie Mae and Freddie Mac’s implicit government guarantee in any immediate plans for them, but not everyone agrees it should be taken for granted. Processing Content A panel of government-sponsored enterprise reform veterans who saw Fannie and Freddie go into conservatorship back in 2008 reminded attendees of this
AEI panel: GSEs have never paid for their guarantee Read More »
Oksenholt Capital Management, an investor in Fannie Mae and Freddie Mac’s stock, is echoing earlier calls by billionaire Bill Ackman for the government-sponsored enterprises’ shares to be moved back to a major exchange. Processing Content “In my view, the time has come for Fannie Mae and Freddie Mac to return to a major public exchange
Major GSE investor echoes Ackman’s call for Fannie, Freddie uplisting Read More »
Movement on plans for an offering of shares from government-sponsored enterprises Fannie Mae and Freddie Mac is likely to be tabled until after the midterm elections, according to a Wedbush report. Processing Content “The only discussion we are expecting from the administration regarding these two until after the midterms, if at all, is around the
Fannie, Freddie share sale likely after midterms or later Read More »
Finance of America posted another net loss in the fourth quarter, but saw significant profit increases for 2025 as a whole. Processing Content The reverse mortgage company reported a $21 million loss from continuing operations in the fourth quarter, a $7-million improvement from the previous quarter, FOA revealed on an earnings call Tuesday. On an
FOA reports another loss in Q4, still profits in 2025 Read More »
Bill Ackman is returning to the IPO market with a combined offering for his hedge fund manager and a new closed-end fund, the latest move in the billionaire’s long campaign to expand his asset management empire to public market investors. Processing Content The initial public offering for Pershing Square USA Ltd., the closed-end fund, would
Ackman’s Pershing Square seeks up to $10 billion in NYSE IPO Read More »
Figure Technology Solutions confirmed an anticipated consecutive-quarter drop in earnings but reported that its numbers were up compared to a year ago, before it went public. Processing Content The blockchain-based capital marketplace for consumer loans and crypto assets generated $15.2 million in earnings for the fourth quarter of 2025. That number was up 156% from
Figure Technology earnings dip after IPO costs Read More »