• Money

    Moody's: Privatizing Fannie Mae, Freddie Mac would cost "hundreds of billions"

    InvestmentsLendingServicing

    Report predicts disruption to secondary market


  • InvestmentsLendingServicing

    Report predicts disruption to secondary market

    Steve Mnuchin, President-elect Donald Trump’s choice to lead the Department of the Treasury, recently said that “getting Fannie and Freddie out of government ownership” is one of the Trump administration’s top 10 priorities. But just how realistic is that plan? According to a new report from Moody’s Investors Service, privatizing the GSEs is not only unlikely to happen any time soon, it’s also hugely cost-prohibitive, and it would be a negative for bond investors as well. Other than that, Mrs. Lincoln, how was the show?

This month in
HousingWire magazine

Cover Story
December/January 2017

What will the mortgage industry look like with a new sheriff in town?

While other state and federal regulatory bodies overlap in their regulation of the mortgage industry, the very particular consumer focus of the CFPB is not duplicated by any other body. Will deregulation mean a return to the Wild West lending atmosphere that led to the financial crisis? What happens next? We asked John Socknat, partner at Ballard Spahr, to weigh in on what mortgage lenders and servicers can expect from a Trump administration.

Feature

2016 HW Vanguard Award winners

LendingReal EstateServicing

Commentary

State of the private money industry

InvestmentsLending