Items Tagged with 'GSEs'

ARTICLES

  • Cowen's Seiberg says concern about Mnuchin's GSE comment is overblown

    "There has been much teeth-gnashing this week," Seiberg says
    Treasury Secretary Steven Mnuchin started last week having dinner with the Queen of England as part of the entourage accompanying President Donald Trump to Buckingham Palace. A few days later, he made financial news by throwing cold water on plans to reform Fannie Mae and Freddie Mac. "There has been much teeth-gnashing this week after Treasury Secretary Steve Mnuchin said GSE reform cannot simply return Fannie and Freddie to their pre-conservatorship state," said Jaret Seiberg, Cowen’s managing director.
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  • Trump: "Many geniuses" are working to end government control of Fannie and Freddie

    Tells NAR audience administration will work closely with Congress to pass critical reforms
    President Donald Trump spoke about Fannie Mae and Freddie Mac for two minutes near the end of a one-hour speech at the National Association of Realtors convention in Washington on Friday. In addition to HousingWire’s story on Trump’s speech, here are the president’s complete and unedited comments on housing-finance reform.
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  • FHFA head says Fannie Mae and Freddie Mac can be released without Congressional consent

    Trump administration may forego legislative solution
    Bloomberg report: "Fannie Mae and Freddie Mac’s new overseer said the mortgage giants can be freed from government control even if Congress doesn’t pass a housing-finance overhaul, while signaling that lawmakers will get 'more than sufficient time' to come up with a plan of their own."
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  • Senate confirms Mark Calabria to lead FHFA

    Confirmed by a vote of 52-44
    The Senate confirmed the nomination of Mark Calabria to serve as the next director of the Federal Housing Finance Agency. The Senate voted 52-44 in favor of Calabria leading the agency, which oversees Freddie Mac and Fannie Mae.
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  • Fannie Mae names new chair of the board

    Egbert Perry stepping down, Jonathan Plutzik elevated from vice chair
    Fannie Mae recently had a change at one of its most important leadership positions when Tim Mayopoulos stepped down as CEO after serving in that role for more than six years, but it turns out that isn't the only change to the government-sponsored enterprise’s management happening this year. Fannie Mae announced Monday that Egbert Perry is stepping down from his position as chair of the GSE’s board of directors.
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  • Bloomberg article targets one of Fannie and Freddie's biggest naysayers

    Josh Rosner's beef with IRS grabs some media attention
    According to Robert Schmidt, reporting for Bloomberg, vocal GSE critic Josh Rosner, who successfully runs a financial services business, is claiming financial disability is responsible for him not filing taxes accordingly. And now, Rosner wants his refund but the IRS is saying, "not so fast, loudmouth."
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  • Freddie Mac promotes Steve Lansbury to SVP of multifamily underwriting and credit

    Taking over for Deborah Jenkins, who is to become EVP and head of multifamily business
    Freddie Mac just promoted Steve Lansbury to senior vice president of multifamily underwriting & credit. Lansbury will be taking Deborah Jenkins place as she prepares to move up to executive vice president and head of multifamily business for Freddie Mac at the beginning of 2019.
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  • From HW Magazine

    HOT or NOT September: What's trending in housing right now

    Interest rates, bank earnings, new GSE credit score models and more make this month's list
    Rising interest rates, bank earnings, the FHFA's decision regarding new credit scoring models for the GSEs. Click to see what's hot and what's not!
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