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.
FHFA
Trump Calls on Fed Governor to Resign over Alleged Mortgage Fraud
President Donald Trump on Wednesday called on Federal Reserve Governor Lisa Cook to resign after officials accused the Fed board member of mortgage fraud.
Exclusive—Derek Kreifels: Biden Administration Gives a Kick in the Teeth to Americans with Good Credit Records
For those Americans who worked hard and made sacrifices along the way to establish a good credit record, the Biden administration has a special prize: a big kick in the teeth.
White House Says It Will Remove Mark Calabria as Head of Federal Housing Finance Agency
In an ironic twist, a case brought by Fannie and Freddie shareholders has toppled one of their allies.
Fannie and Freddie Shareholders Suffer Another Setback in Federal Court
The lynchpin of one of the big cases brought by Fannie and Freddie shareholders just got overturned by the First Circuit.
Supreme Court Makes It Easier for President to Fire Head of Consumer Finance Watchdog
The agency designed by Elizabeth Warren was too unaccountable to pass constitutional muster, the Supreme Court said Monday.
Trump Administration Asks Supreme Court to Back Sweep of Fannie and Freddie Profits
The Trump administration is seeking to overturn a Fifth Circuit decision that was the first significant shareholder legal victory.
Carney: Why Fannie and Freddie Shareholders May Get Wiped Out in a Recap
Fannie and Freddie investors assumed that the end of conservatorship would result in a windfall. That might be a costly error.
Mark Calabria Supported Stringent Financial Regulation of Fannie and Freddie Before He Opposed It
Four years ago, FHFA head Mark Calabria called for Fannie and Freddie to be designated SIFIs. Now he says he opposed that.
Fannie and Freddie Investors’ Legal Win Casts Housing Finance Reform in Doubt
Under an appeals courts ruling, the head of the FHFA could be replaced at will by the U.S. president.
Trump Administration Says No to Hedge Fund Jailbreak Scheme for Fannie and Freddie
A spokesman just shot down the notion that Trump Administration might unilaterally release Fannie and Freddie from government control.
Fannie and Freddie Shares Soar on Hopes of Hedge Fund Windfall
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.
Housing Policy Experts Warn Against Hedge Fund Plot to Seize Fannie Mae and Freddie Mac
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.
Federal Housing Chief Mel Watt Accused of Sexual Misconduct
“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.
