The Federal Housing Finance Agency, led by its director, William Pulte, ousted 14 members of the boards of Fannie Mae and ...
The Federal Home Loan Mortgage Corporation, commonly known as Freddie Mac, is a government-sponsored enterprise (GSE) that buys mortgages, pools them, and sells them as a mortgage-backed security ...
Bill Pulte installed himself as the chair of the boards for both companies as the potential for privatization looms large.
When Fannie Mae and Freddie Mac were placed under financial conservatorship ... and thus investors would be bailed out,” she explained. “Which means consumers currently get lower mortgage ...
Freddie Mac says the average rate on a 30-year mortgage edged up to 6.65% this week, ending a seven-week slide.
The preferred shares of Fannie Mae and Freddie Mac, the mortgage finance giants that entered a government conservatorship during the 2008 financial crisis, have soared this year. Shares of Fannie ...