Items Tagged with 'GSE profits'


  • Fannie Mae needs billions from Treasury for the first time since 2012. What happened?

    Credit the Republican tax plan, and much more
    If you’ve been playing close attention, you knew this day was coming, but that doesn’t make it any less shocking. Fannie Mae needs money from the government for the first time since 2012. So, how did we get here? The easy answer is to blame the Republican tax plan, and in many ways, that’s correct… but it’s far more complicated than that.
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  • Fannie and Freddie make more money per employee than almost any other company

    GSEs’ profit per employee is among highest in the world
    What Fannie Mae and Freddie Mac do with the money they make has long been a debate in the housing finance world. What has never been up for debate is just how much money the GSEs make. Being the major (only?) players in the secondary mortgage market has been good business for Fannie and Freddie for some time. But new analysis puts the GSEs’ business into stark perspective.
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  • Community groups, lenders call for Fannie, Freddie to stop paying dividend to Treasury

    Will Trump administration have a different answer?
    Fannie Mae and Freddie Mac are scheduled to send their latest dividend payment to the Department of the Treasury later this month, but if a consortium of community groups and lenders has their way, that money will stay with the government-sponsored enterprises to help rebuild their dwindling capital base.
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  • Unsealed government documents may reveal truth about Fannie, Freddie fate

    Did the government really need to bail out the GSEs?
    In the years since the government modified its agreement with Fannie Mae and Freddie Mac to sweep all the profits from the GSEs into the government’s coffers, many observers questioned whether the so-called "Third Amendment sweep" was even necessary. Now, a series of unsealed depositions show that not only were Fannie and Freddie on track to be profitable for at least 10 years, the government allegedly knew that fact, and more, before choosing to sweep away the GSEs' profits.
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  • Community lenders call for Fannie, Freddie to stop paying dividend to Treasury

    Push for GSEs to rebuild capital to absorb any looming losses
    With Fannie Mae and Freddie Mac preparing to report their fourth quarter and full-year financial results for 2015 later this week, several national groups of community lenders are calling on the Federal Housing Finance Agency to suspend the practice of sending dividends from Fannie and Freddie to the Department of Treasury.
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