Breitbart Business Digest: The Portable Mortgage Idea Isn’t as Crazy as It Sounds
The Trump administration is floating an idea that sounds intuitive to a lot of people: portable mortgages.

The Trump administration is floating an idea that sounds intuitive to a lot of people: portable mortgages.

The Congressional Budget Office has released a new report laying out how it will evaluate budgetary proposals to end the government’s control of Fannie Mae and Freddie Mac.

The federal government has decided that your crypto portfolio—your Bitcoin, your Ethereum, your lingering Dogecoin bag—can help you qualify for a mortgage.

As the Trump administration looks to resolve the long-running conservatorship of Fannie Mae and Freddie Mac, three priorities have emerged.

Shares of Fannie and Freddie surged to their highest levels since 2008, driven by renewed hopes that Trump would a release them from federal conservatorship. But the fundamentals suggest that these shares are still worth little or nothing.

Mortgage giants’ shares rise as president says government oversight will remain.

The Trump administration understands that only Congress can resolve the limbo of Fannie and Freddie and ensure the stability of America’s housing market.

Investors who have convinced themselves—or been convinced by wealthy hedge fund managers talking their books—that the Trump administration is determined to release Fannie Mae and Freddie Mac from the government control are likely in for a painful surprise.

Some of Wall Street’s most powerful financiers are likely to be disappointed by the Trump administration’s treatment of Fannie Mae and Freddie Mac.

Senate Republicans have pushed back against the Federal Housing Finance Agency’s (FHFA) move to grant race-based housing subsidies.

A Fannie Mae economist predicts the most constricted housing market in the United States since 2006 and will continue to worsen.

A record-high share of Americans think their personal financial condition will worsen over the coming year.

Corporations are buying up mobile home parks across the U.S. and owners of the manufactured housing are being hit with increased rent for lots and new property requirements.

The hedge fund manager, who is as famous for his epic failures as his mammoth wins, echoed the lines of those calling for the U.S. to do more to stop Russia.

Fannie Mae has settled a lawsuit brought by housing-rights activists accusing the agency of racial discrimination in foreclosure practices.

In an ironic twist, a case brought by Fannie and Freddie shareholders has toppled one of their allies.

The long fight over the profits of Fannie Mae and Freddie Mac ended in a decisive win for the U.S. Treasury and the FHFA.

The court granted very little relief despite finding that the patent administrative judges were unconstitutionally shielded from political control

The lynchpin of one of the big cases brought by Fannie and Freddie shareholders just got overturned by the First Circuit.

Shares of Fannie Mae and Freddie Mac jumped higher Wednesday as arguments kicked off at the U.S. Supreme Court in a lawsuit brought by shareholders over hundreds of billions of dollars in payments made to the U.S. government.

Former Vice President Joe Biden announced on Wednesday that he had chosen Ron Klain as his incoming White House chief of staff.

The agency designed by Elizabeth Warren was too unaccountable to pass constitutional muster, the Supreme Court said Monday.

Former Vice President Joe Biden is facing criticism for having appointed former Sen. Chris Dodd (D-CT) to his vice presidential selection committee, given past allegations of sexual impropriety that Biden, too, now faces.

The Court of Claims allowed derivative claims to proceed based on a new and untested legal theory.

The Trump administration is seeking to overturn a Fifth Circuit decision that was the first significant shareholder legal victory.

Fannie and Freddie investors assumed that the end of conservatorship would result in a windfall. That might be a costly error.

While consumer confidence remains high, the share of Americans concerned about losing their job has climbed for two months.

Four years ago, FHFA head Mark Calabria called for Fannie and Freddie to be designated SIFIs. Now he says he opposed that.

The plan would be a huge boost to hedge funds and other investors in Fannie and Freddie while putting taxpayers at risk.

Under an appeals courts ruling, the head of the FHFA could be replaced at will by the U.S. president.

Attorneys for the agency said Wednesday that it was reversing course under its new director, Mark Calabria.

Fannie and Freddie are not expected to make enough in profits to pay their original 10 percent dividend.

The GOP Senator wants to return Fannie and Freddie to the private market but also cap their market share and introduce competition in the mortgage guarantee business.

A spokesman just shot down the notion that Trump Administration might unilaterally release Fannie and Freddie from government control.

Shares of mortgage giants Fannie Mae and Freddie Mac soared on the news.

Some of the hedge funds that long ago made bets on the recovery of Fannie Mae and Freddie Mac have greatly benefited in the first few weeks of 2019 as a Trump appointee ascended to become the acting chief of the regulator in control of mortgage giants.

An op-ed in The Hill warns that a plan being shopped on Capitol Hill would recreate the failed system of privatized profits and socialized losses.

Wall Street billionaires hope the Democratic takeover of the House of Representatives may have created an opening for them to plunder billions from U.S. taxpayers.

The government has now won in ten different courts and lost in none. Yet the hedge funds still persist in their quest for a windfall from investments in Fannie and Freddie.

“A Federal Housing Finance Agency staffer accused FHFA Director Watt of repeatedly making inappropriate sexual advances when she tried to discuss career and salary concerns,” Politico reported Friday.
