The former FHFA director says Congress will never act, but that the GSEs should create subsidiaries, then complete an initial public offering to get out of government control.

Even after a big win in a district court in August, Fannie Mae and Freddie Mac shareholders continue to face setbacks in other legal venues.

Former FHFA Acting Director Ed DeMarco and the American Bankers Association have endorsed releasing the GSEs from conservatorship. Industry observers aren’t optimistic about any moves in the near term.

In a new book, James Lockhart, FHFA’s first director, outlines the events leading up to the conservatorship of Fannie Mae and Freddie Mac. More than a decade later, the events and debates are still relevant.

Sheila Bair, who resigned as Fannie board chair earlier this year, said the GSEs are ready to exit conservatorship.

FHFA’s new director told the House Financial Services Committee that politicians must decide what the future of housing finance looks like.

Just a week after imposing onerous new capital disclosure requirements on Fannie and Freddie, FHFA adopts a rule requiring them to file annual capital plans.

The Federal Housing Finance Agency acting director said there are lots of questions that must be answered before Fannie and Freddie can exit government supervision.

The Federal Housing Finance Agency’s proposed 2022-2026 strategic plan focuses on preparing for climate change.

Ending the conservatorships is out, saving housing finance from climate change is in...