Earlier this year, Treasury Secretary Steven Mnuchin told the Senate Banking Committee he has the authority to restructure Fannie and Freddie without any change in law.
As of Monday morning, none of the parties involved – FHFA, the FHFA IG, and the Council – were commenting to IMFnews. Nor were they denying the existence of an investigation.
Successful homebuyers in the first half of 2018 pointed to large downpayments as one of the factors that helped close the transaction, according to a survey and analysis by realtor.com, a home listing site. More than 1,000 homebuyers who closed on their purchases in the first half of this year were surveyed on behalf of realtor.com, which is a subsidiary of Move and operates with a licensing agreement with the National Association of Realtors. Some 24 percent of respondents ...