The former chief housing advisor to the Treasury secretary during the first Trump administration will now oversee Freddie’s regulatory and conservatorship affairs operations.

The FHFA director joins a number of financial regulators resigning from their posts before the second Trump administration begins.

California wildfires, attorney fees, collateral valuations and board elections.

Scott Turner, nominee for secretary of the Department of Housing and Urban Development, told senators during his confirmation hearing that Congress holds the purse strings.

The state’s anti-discrimination law is the first of its kind and will go into effect in 2026.

Economic uncertainty will require mortgage companies to be more flexible in how they scale their operations.

Recently divorced or widowed homeowners told the CFPB that mortgage servicers sometimes say they must refinance, even when they should be able assume the existing mortgage.

Initial projections suggest MBS backed by collateral in areas affected by the California wildfires will largely be unscathed.

Critics argue that, if Fannie Mae and Freddie Mac are released from conservatorship without an explicit government guarantee, MBS investors will demand wider spreads to cover the added credit risk.

Stifel is telling its clients to reallocate into MBS from corporates. Meanwhile, MBS trades slipped in December but posted a strong year.