The Great American Mortgage Corporation

Rocket, Rithm and Dynex are BTIG’s favorite mortgage stocks

Rithm, Rocket and Dynex are BTIG’s favorite mortgage stocks heading into 2026 following a strong year for the industry’s publicly traded companies in general, driven by an accommodative Federal Reserve policy. That allowed industry stocks to rebound after the “Liberation Day” tariff announcements in April. “We expect earnings and stock valuations across the mortgage sector […]

Rocket, Rithm and Dynex are BTIG’s favorite mortgage stocks Read More »

GSE stock move stirs fears of advantage for big banks

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 »

How Fannie, Freddie product mix could shift with a stock offering

Even as the regulator for Fannie Mae and Freddie Mac floats new product ideas, the enterprises’ overall footprint has stayed fairly steady. Still, some experts think more shifts could be ahead as they move closer to a public offering. As is the case with many aspects of their business, a balance will need to be

How Fannie, Freddie product mix could shift with a stock offering Read More »

Fannie, Freddie shares mimic meme-stock mania with wild swings

Bill Ackman lit the fire and Bill Pulte supercharged it. Their influence helped drive retail traders to Fannie Mae and Freddie Mac, whose shares have soared more than 500% since Donald Trump’s election a year ago. But now, as equity markets are gripped by volatility and crypto assets suffer their worst rout in years, those

Fannie, Freddie shares mimic meme-stock mania with wild swings Read More »

What Bill Ackman thinks should happen to the GSEs

Hedge fund manager, billionaire and legacy government-sponsored enterprise investor Bill Ackman is pushing his plan for Fannie Mae and Freddie Mac in response to officials’ call for input. Ackman, who previously has suggested that the GSEs be merged, backed off that concept in a live broadcast and subsequent Q&A in an X space Tuesday morning

What Bill Ackman thinks should happen to the GSEs Read More »

Trump, Pulte float 50-year mortgage use in U.S.

The range of fixed-rate mortgage terms and other outcomes possible through government-sponsored enterprise reform got a lot wider over the weekend. President Trump and Bill Pulte, the head of the GSEs’ oversight agency, used the social media channels they often employ to float ideas in order to advocate for a 50-year mortgage, a concept at

Trump, Pulte float 50-year mortgage use in U.S. Read More »

Fannie Mae, Freddie Mac housing goals need revisions: MBA

The Mortgage Bankers Association largely supports the Federal Housing Finance Agency reduction of certain low-income single-family finance goals for the government-sponsored enterprises. But the one goal that was not changed in the proposal from the agency called U.S. Housing Finance by its director, the single-family low-income refinance goal, might not be attainable due to market

Fannie Mae, Freddie Mac housing goals need revisions: MBA Read More »

What Pennymac wants prioritized in GSE reform

Pennymac outlined what it considers key priorities for a healthy housing market as the Trump administration weighs possible near-term reforms to the government-sponsored enterprises. “The potential for structural action at the GSEs is more elevated now than at any point since the conservatorships began in 2008,” Pennymac’s public policy and government affairs experts wrote in

What Pennymac wants prioritized in GSE reform Read More »

KBW says loan level pricing cuts could hurt GSE earnings

If federal regulators were to reduce or do away with loan level pricing adjustments at the government-sponsored enterprises, the effect on borrowers would be modest, but it would reduce earnings at Fannie Mae and Freddie Mac, a Keefe, Bruyette & Woods analysis found. Lower return on equity could put a crimp in privatization plans as

KBW says loan level pricing cuts could hurt GSE earnings Read More »

Fannie Mae names Jake Williamson acting single-family head

Fannie Mae Senior Vice President Jake Williamson will fill in as the single-family division’s chief and Tom Klein will temporarily take on general counsel responsibilities as those who previously held the positions depart. Executive Vice President Malloy Evans’ departure from the single-family post and Danielle McCoy’s exit as general counsel follow other changes at the

Fannie Mae names Jake Williamson acting single-family head Read More »