As policymakers mull a potential stock offering that would distance Fannie Mae and Freddie Mac from conservatorship, speculation about the impact on various parts of the business’ ecosystem has run rife. Wall Street and big financial institutions in general, which have been in consultation with the Trump administration in regard to an offering, stand to […]
GSE stock move stirs fears of advantage for big banks Read More »
U.S. Federal Housing is increasing the multifamily caps at Fannie Mae and Freddie Mac for 2026 by over 20% compared to this year, a level which keeps pace with volume growth in recent months, observers said. The combined cap of $176 billion is split evenly between the two companies at $88 billion. This year’s cap
FHFA boosts Fannie, Freddie multifamily caps over 20% in ’26 Read More »
Bill Pulte said the government-sponsored enterprises will see partnerships emerge as he eyes their money-making potential, while also upping criticism of homebuilders and the Fed chair at a housing conference Friday. In a call with attendees at the Residay 2025 conference in New York, the Federal Housing Finance Agency director pointed at the recent Trump
Pulte suggests new Fannie Mae, Freddie Mac business deals Read More »
The mortgage industry largely supports changes to the loan-level price adjustment (LLPA) matrix but remains divided on priorities, with a full overhaul unlikely amid a potential stock offering of Fannie Mae and Freddie Mac. Two weeks ago, Federal Housing Finance Agency (FHFA) Director Bill Pulte said he had tasked Barry Habib — the MBS Highway
Mortgage industry backs LLPA changes but is divided over priorities Read More »
Nearly two years after stepping down and retiring from Fannie Mae, past president David Benson has rejoined the government-sponsored enterprise (GSE) as senior adviser. Benson previously served a 21-year tenure at Fannie Mae in a wide range of positions, including interim CEO, chief financial officer, executive vice president of capital markets and treasurer. Federal Housing
David Benson is back at Fannie Mae Read More »
Fannie Mae announced its earnings on Wednesday, reporting net income of $3.9 billion for the third quarter of 2025, compared with $3.3 billion for the second quarter of 2025. The quarter marked the government-sponsored enterprise’s 31st consecutive quarter of positive earnings. In its earnings call Wednesday morning, Fannie Mae’s Chief Financial Officer, Chryssa C. Halley,
Fannie Mae’s Q3 2025 earnings rise to $3.9 billion Read More »
Fannie Mae on Friday announced the promotion of two long-time employees to lead its Single-Family business and general counsel’s office. “We are pleased to announce the promotion of Fannie Mae seasoned veterans Jake Williamson to acting head of single-family and Tom Klein to acting general counsel. These highly respected leaders will help lead the company
Fannie Mae names new head of single family and acting general counsel Read More »
Trade groups representing community banks and home lenders are urging the Trump administration to allow Fannie Mae and Freddie Mac to purchase mortgage-backed securities (MBS) to help bring down mortgage rates. The idea relies on amending the Preferred Stock Purchase Agreements (PSPA) to enable the GSEs to purchase up to $300 billion of their own
Trade groups push plan to let GSEs buy MBS to ease mortgage rates Read More »
Top former U.S. economic leaders, Gary Cohn and Lawrence Summers, raised red flags about the nation’s fiscal trajectory, the challenges of balancing monetary policy and the global context of U.S. debt. However, they Summers says economy is “remarkably resilient.” Speaking at the 2025 Mortgage Bankers Association‘s Annual Convention and Expo, Cohn and Summers also credited
Former economic leaders Cohn and Summers warn on U.S. fiscal path Read More »
The top Senate Democrat with oversight of Fannie Mae and Freddie Mac pressed Treasury Secretary Scott Bessent for more details about the Trump administration’s efforts to take the mortgage giants public. The Treasury Department and the Federal Housing Finance Agency have been holding meetings with housing advocates, think tanks and mortgage industry representatives this month
Elizabeth Warren presses Bessent on Fannie, Freddie IPO efforts Read More »