Promise that the government will maintain “implicit guarantees” of the companies’ obligations suggests that what Trump has in mind is monetization, not privatization. Source: Inman…
Posts published in “conservatorship”
Less than four days after being confirmed as head of the mortgage giants’ federal regulator, housing scion Bill Pulte fired 14 board members and made…
Mortgage industry groups support the Trump administration’s picks to lead the FHFA and CFPB, but questions remain about the prospects for dramatic policy shifts at…
After surprise inflation report, Trump administration says the Federal Reserve’s interest rate decisions will be exempt from its attempt to exert more control over independent…
The grandson of PulteGroup founder William J. Pulte, Bill Pulte is a private equity CEO, philanthropist and Trump loyalist with 3 million followers on X. …
With a combined net worth of $125 billion after earnings this week, the mortgage giants remain on a path that could lead to eventual release…
By one measure, the mortgage giants have built up two-thirds of the reserves needed for them to be released from government conservatorship. Source: Inman News
Freddie Mac CEO David Brickman’s resignation will take effect on Jan. 8 as the enterprise continues its battle to exit a decade-long conservatorship. Source:…