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Anyone remember back in 2008 when the housing market collapsed and the stock market crashed, with many tens of millions of Americans seeing their lifetime savings nearly wiped out? Apparently the ...
President Donald Trump appears to be pushing forward with a plan to list government-backed mortgage giants Fannie Mae and Freddie Mac on a major stock exchange, but insists they would retain federal ...
Homebuyers in the US may soon be able to use cryptocurrency assets to strengthen their mortgage application, according to Bill Pulte, who oversees housing giants Fannie Mae and Freddie Mac. “After ...
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Wall Street banks race to win Trump admin's favor for massive Fannie Mae, Freddie Mac IPO deal
Several Wall Street banks are pitching President Donald Trump about handling the initial public offering (IPO) of Fannie Mae and Freddie Mac, sources told FOX Business Network's Maria Bartiromo.
Fannie Mae and Freddie Mac are the dominant companies in U.S. housing finance, which is the biggest credit market after government debt. They are huge, with combined assets totaling $7.8 trillion.
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 ...
On Friday, Fannie Mae’s stock closed at just under $10 after reports of White House plans to sell a partial stake in the mortgage-finance giant. That’s roughly seven times its $1.39 price on the day ...
Two of Fannie Mae Multifamily’s top brass, Rob Levin and Dan Dresser, are on their way out at the mortgage giant, according to sources familiar with the matter. Levin was head of multifamily customer ...
Fannie Mae laid off more than 100 employees in recent weeks for alleged “unethical conduct.” The Federal Housing Finance Agency, which regulates both Fannie and Freddie Mac, announced the firings on ...
Bill Pulte fires Freddie Mac CEO and places FHFA chief operating officer and human resources director on leave. The moves come as the Trump administration considers privatizing Fannie Mae and Freddie ...
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