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The movie “The Big Short” — dramatizing the reckless behavior in the banking and mortgage industries that contributed to the 2008 financial crisis — captures much of Wall Street’s misconduct but ...
A group of 14 senators said that Congress must be briefed before any conservatorship release plans are initiated.
Senate Democrats led by Sen. Elizabeth Warren (Mass.), the ranking member of the Banking Committee, called on the Trump administration to halt the reprivatization of Fannie Mae and Freddie Mac, ...
Fannie and Freddie "buy and package home loans" into mortgage-backed securities that get sold to investors. Currently, those ...
President Trump hinted anew about reprivatizing the US mortgage buyers while suggesting an implicit federal backstop would be ...
Fannie and Freddie’s job as private companies was to buy, insure and repackage mortgages, blessing them on the way with its ...
Bill Ackman invested nearly half a billion dollars in the shares of collapsed federally backed agencies Fannie Mae and ...
Privatization of Fannie and Freddie has been on Trump’s to-do list since his first term. FHFA Director Bill Pulte could make ...
Trump appears to be pushing forward with a plan to publicly list shares of government-backed mortgage giants Fannie Mae and ...
President Trump made a long-awaited announcement concerning the Federal National Mortgage Association (Fannie Mae) and the ...
Fannie’s website states, “We enable 30-year fixed-rate mortgages that give homeowners stable monthly payments and the option to prepay at any time. This ‘American Mortgage’ has become the standard, ...
TheStreet. Shares of Fannie Mae and Freddie Mac surged after U.S. President Donald Trump said he is working on taking the two ...