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  • Trump budget surprise: Gutting the CFPB

    The impact of President Donald Trump’s 2018 federal budget proposal would certainly be felt in the housing industry via the 13% cut to HUD's budget, but that’s hardly the only impactful move that the budget proposal holds. Buried on the second-to-last page of Trump’s budget is a move that is sure to please Trump’s fellow Republicans and many in the housing industry as well – gutting the Consumer Financial Protection Bureau.

Investments The Ticker

This year will be a great year for mREITs

Annaly Capital seems particularly well-positioned to take off, but recent news doesn't apply just to buyers of Fannie- and Freddie-backed mortgage backed securities like Annaly, Armour Residential, and American Capital Agency.

Without further ado, let's dive right in and see what recent news items bode well for these companies that make investors money by borrowing short and lending long.

Source: The Motley Fool
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